Vijaya Bank Customer Review, Rating

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Average Customer Rating
2.8/5  by 1 users
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Reviewed on 07th May 15
2.8 / 5 stars
Vijaya Bank
Vijaya Bank Home Loan Availed in Mar 2015
I took a home loan from the bank as one of my close relatives recommended the bank. The interest rate was high but I felt that the branch manager was More
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News - Oct 2016
28th Jul 16 Vijaya Bank Mudra cards help micro entrepreneurs
Vijaya Bank is focusing more on MSME which has reported a growth of 22.50 per cent in FY16. Bank has achieved two out of three targets set under Prime Minister Task Force. Bank is working on growth of MSME sector by launching schemes like Make In India, Stand Up India, Start Up India and Pradhan Mantri Mudra Yojana. In the previous fiscal, bank has launched two MSME products such as V Swadesh and V Mudra Card. V Mudra Card help micro entrepreneurs to meet their working capital needs. Vijaya Bank has issued 39545 Mudra cards worth Rs. 173 crore and has been awarded as the Best Bank under Mudra Yojana.
22nd Jul 16 Vijaya Bank Q1 profit up 13.37 per cent on recoveries
Vijaya Bank has reported a rise in profits by 13.37 per cent at Rs. 161.66 crore in the June quarter of FY17 as against Rs. 142.59 crore posted in the same period last year. The total income of the bank in the first quarter was at Rs. 3295.05 crore. Operating profit rose 16.80 per cent to Rs. 458.73 crore. The gross NPA of the bank as a percentage of total loans increased to 6.64 per cent. Net interest income increased by 18.18 per cent to Rs. 782.64 crore and net interest margin improved to 2.54 per cent.