VIJAYA BANK FURTHER EXPANDS ITS FOOTPRINTS ON 81st FOUNDATION DAY

Vijaya Bank, a leading public sector bank, commemorated its 81st foundation day by opening 40 branches and 80 ATMs throughout the country, taking the total number of branches to 1240 and ATMs to 643. At a glittering function at New Delhi to mark this milestone achievement of completing 80 years of service to the nation, Hon’ble Union Finance Minister, Shri Pranab Mukherjee inaugurated 40 branches and 80 ATMs of the Bank in the presence of several dignitaries and the Bank’s valued customers. On this special occasion, the Bank also opened 4 specialised Urban Micro Finance Branches, adopted 8 villages for providing basic amenities for the benefit of the villagers, eight Rural Health Care Centres, 8 rural bus shelters, adoption of eight girl children and Computer Training Centres for the rural underprivileged. The function was graced, among others, by Shri Namo Narain Meena, Hon’ble Union Minster of State for Finance, Shri. Rakesh Singh, Additional Secretary (Financial Services), Shri H S Upendra Kamath, C&MD and Smt Shubhalakshmi A Panse, Executive Director of the Bank.


Vijaya Bank was founded by progressive and enterprising farmers of the erstwhile Dakshina Kannada District of Karnataka on Vijaya Dashami Day (23rd October 1931) at Mangalore. Shri. Attavara Balakrishna Shetty and Shri. Mulki Sunder Ram Shetty, were great visionaries who scripted the success of today’s Vijaya Bank. As part of its ongoing strategy to cater to the financial needs of the customers on a pan-India basis, Vijaya Bank has been in an expansion mode, especially in the un-banked and rural areas to facilitate financial inclusion. Spearheading on its commitment towards an inclusive growth paradigm, Vijaya Bank today commissioned 40 branches and 80 ATMs, out of which 19 branches are in un-banked districts and 04 branches are in rural areas. With the additional delivery channels, the Bank’s branch strength and ATM network, all seamlessly connected through centralized CBS, have risen to 1240 and 643 respectively.


Speaking on the occasion, Hon’ble Union Finance Minister Shri Pranab Mukherjee said, “Vijaya Bank is one of the most progressive, technologically advanced and customer responsive banks that has set new standards in virtually every facet of banking. I am sure; the Bank will achieve many milestone in the times to come. ”


Addressing the gathering, Shri. H S Upendra Kamath, Chairman & Managing Director of the Bank said, “Vijaya Bank’s prime focus is on taking active part in the inclusive growth regime and accordingly, our endeavour continues to be to enhance our outreach to new and upcoming centres. We are planning to further invigorate this expansionary phase, with the aid of the traditional brick & mortar model as also the IT-enabled alternative delivery channels.