Vijaya Bank Uttrakhand IFSC code, MICR code, Address
Vijaya Bank branch details in Uttrakhand
Last Updated 25th Feb 2017
Vijaya Bank has 6 branches in Uttrakhand spread over 4 districts of Almora, Bageshwar, Chamoli Gopeshwar, Champawat, Dehradun, Garhwal Pauri, Haridwar, Nainital, Pitoragarh, Rudraprayag, Tehri-Garhwal, Udhamsingh Nagar, Uttarkashi.
Nainital district, with 2 branches has the largest number of Vijaya Bank branches in Uttrakhand
District wise distribution of Vijaya Bank branches in Uttrakhand is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
Gold loan disbursements in Mandya district of Mysore have been adversely affected post demonetisation. Since the currency ban, Vijaya Bank has reported only three new gold loans disbursals. Pawn brokers (individuals or private business who provide secured loans against personal property or gold of borrowers) are also facing a similar situation.
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.
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.
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