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Vijaya Bank opens its 1165th branch
Vijaya Bank opens its 1165th branch
Vijaya Bank was founded on 23rd October 1931 by late Shri A.B.Shetty and other enterprising farmers in Mangalore, Karnataka. The objective of the founders was essentially to promote banking habit, thrift and entrepreneurship among the farming community of Dakshina Kannada district in Karnataka State. The bank later went on to become a scheduled bank in 1958.
Vijaya Bank steadily grew into a large All India bank, with nine smaller banks merging with it during the 1963-68. The credit for this merger as well as growth goes to late Shri M.Sunder Ram Shetty, who was then the Chief Executive of the bank. The bank was nationalised on 15th April 1980 and has built a network of 1165 branches, 46 Extention Counters and 435 ATMs as at 31.03.2010 that spanned all 28 states and 4 union territories in the country.
Each branch provides effective and efficient services and significantly contributes to the growth of the individual, and the nation.
In keeping with this trend of growth, Vijaya Bank recently opened its 1165th branch at Lama Villa, Shillong which was inaugurated by the Deputy Commissioner of East Khasi Hills district Mr. J. Lyngdoh. With the opening of this additional branch in Shillong, Vijaya Bank is aiming at meting out better services to its customers in the city.