विजया बैंक > कंपनी इतिहास > Banks - Public Sector > कंपनी इतिहास का विजया बैंक - बीएसई: 532401, NSE: VIJAYABANK

विजया बैंक

बीएसई: 532401  |  NSE: VIJAYABANK  |  ISIN: INE705A01016  |  Banks - Public Sector

कंपनी इतिहास - विजया बैंक
YEAR                       EVENTS
 1980 - The Bank came into existence on 15th April, as a consequence
        the Government of India taking over the undertaking of Vijaya
        Bank Ltd.  The Bank is engaged in transacts all types of
        business including foreign exchange and is a Government of
 1984 - Capital worth Rs 10 lakhs subscribed by Government.
 1985 - The Bank sponsored its first Regional Rural Bank under the
        and style Visweswaraya Grameena Bank in March.  This Regional
        Rural Bank would cater to the needs of the target group
        to Mandya district of Karnataka State.
      - Capital worth Rs 772 lakhs subscribed by Government.
 1986 - Capital worth Rs 1000 lakhs subscribed by Government.
 1989 - Rs 800 lakhs subscribed by Government.
 1991 - Rs 2500 lakhs subscribed by Government.
 1992 - Rs 2500 lakhs subscribed by Government.
      - The bank has introduced automatic renewal facility upto four
        times in respect of short term deposits accepted for periods
        forty six days to one year for the convenience of the
      - The novel scheme of `Vijaya Vichar Vihar' was introduced by
        the Bank in 1989 and is now flourishing in 25 centres as
        on March. 
      - In October, a new and unique scheme viz., 'VIJAYASHREE UNITS
        DEPOSIT SCHEME' combining the features of term deposit and
        flexibility of savings bank deposit was launched. 
      - The Bank introduced `Vijaya Stockinvest' scheme in May.  To
        it more investor friendly, the special features of Vijaya
        Units Scheme were incorporated to this scheme and the scheme
        gaining in popularity among the investing public.
 1993 - Rs 5000 lakhs subscribed by Government.
      - The Bank has installed 68 ALPMs in 25 branches.
      - The 'Vijaya Bank Diamond Jubilee Scholarship Scheme' was
        introduced as a part of Diamond Jubilee Celebrations of the
        Bank, with the objective of awarding scholarships to such
        of those children of serving permanent sub-staff employees.
 1994 - Rs 6500 lakhs subscribed by Government.
      - The Bank had entered into the Memorandum of Understanding
        with the Reserve Bank of India, undertaking to fulfil
        performance commitments. 
      - The Bank introduced the new schemes viz. Vijaya Gift Bond
        and Vijaya Service Card for enlarging its services to its
        business clientele.
      - The Bank introduced three new loan schemes, viz., V-Cash
        for salaried class, V-Equip for professionals and V-Stock for 
        individual investons.
      - The Bank has introduced a recovery incentive scheme viz.
        Recovery Motivation Scheme 1994'.
      - The Bank opened its third exclusive NRI branch at Mapuca
        and established special NRI Cells at the branches in
        Kottayam, Trivandrum and Kozhencherry (all in the Kerala
      - The Bank launched its V-Invest Scheme in January.
 1995 - Rs 6231 lakhs subscribed by Government.
      - The Bank opened 33 new branches taking the total to 810
      - The three new loan schemes, namely V-Cash, V-Equip and
        introduced by the Bank last year were well received by the
      - The Bank opened five Hi-tech Agricultural Finance branches at
        Bangalore, Coimbatore, Delhi, Hyderabad and Lucknow.
      - The Visveshvaraya Grameena Bank has entered into a Memorandum
        Understanding with the Bank, setting performance parameters
        improving its financial health.
      - The Bank entered into an agreement with M/s. Oriental
        Co., WLL Manama, Bahrain providing for the Bank's
        in the said exchange company's day-to-day management.
      - The Bank entered into strategic alliance with leading private
        sector banks and branches of foreign banks in India viz Citi
        Bank, N. A. India, Catholic Syrian Bank Ltd, HDFC Bank Ltd,
        Centurion Bank Ltd, UTI Bank Ltd, etc.  
      - The Bank introduced Office Automation by providing
        state-of-the-art word processors at 45 branches, 13 Regional
        Offices and Headoffice departments.
      - The Bank's house magazine Vijaya Vikas entered its 20th year
        publication and was awarded the coveted Best House Journal of
        the Year award by the Public Relations Society of India.
      - Vijaya Bank launched a fully operational Custodial Services
        Division at Mumbai on 29th March.
 1996 - The Bank opened its first subsidiary, VIBANK HOUSING FINANCE
        to add impetus to housing finance.  
      - Vijaya Bank introduced three new loan schemes, namely, 'Vijaya
        Nivruthi', 'Vijaya Krishi Vikas' and 'Vijaya Mangala' to
        to the credit needs of pensioners, farmers and working women
      - The Bank has also entered into tie-up arrangements with ICICI
        Banking Corporation Limited and Oman International Bank Ltd. 
      - The Bank introduced innovative banking service called 'Any
 1997 - Vijaya Bank has introduced a novel way to improve customer
      - The bank has recently introduced a system of rating its
        once in six months to evaluate the quality of service and the
        facilities extended to the clientele. 
      - Vijaya Bank has launched a special agriculture credit plan
        targeted specifically at agriculture and other, rural
      - The bank launched the `special loan recovery motivation
        which helped reduce the level of NPAs from 11.6 per cent to
        per cent.
      - The Bank has recently introduced a new `trade finance'
 1998 - Vijaya bank has introduced a jewel scheme under which loans
        are granted by the bank to fund the purchase of jewellery by
        keeping the purchased item as collateral till the loan has
      - The Bank introduced several novel loan schemes viz.
        Finance Scheme' to help SSI entrepreneurs to meet the
        in net working capital and 'Flexible Credit Scheme' with built
        flexibility to utilise bank credit as pre sale or post sale
        finance by SSI units.  
      - The Bank has entered into domestic correspondent Banking
        arrangements with various private sector banks and foreign
 1999 - Vijaya Bank has entered into a Rs 200-crore take-out
        agreement with the Housing and Urban Development Corporation
        (Hudco) for funding infrastructure projects. 
      - The Housing and Urban Development Corporation (Hudco) has
        into a three-year reversible securitisation deal with the
        sector Vijaya Bank, to raise funds for meeting some of its
        infrastructure financing commitments. 
 2000 - Vijaya Bank has introduced a new scheme named V-Star savings
              account scheme.  
            - Vijaya Bank Chairman and Managing Director S
 Gopalakrishnan has
              been elected as the president of Indian Banks'
            - Vijaya Bank is entering the capital market with an
 initial public offering of
              10 crore shares of Rs 10 each for cash at par
 aggregating Rs 100 crore,
               bringing down the shareholding of the government from
 100 to 72.16 per cent.
            - Vijaya Bank's maiden public issue of 100 million shares
 of Rs 10 each which 
              opened for public has been oversubscribed by 1.84
            - Vijaya Bak is increasing its focus on technology and,
 given the VRS pressure on its 
              HR, the bank set up more networked ATMs.
 -Vijaya Bank has informed BSE that Government of India appointed Sri
 M S Kapur as the Chairman & Managing Director of the Bank and Mr M S
 Kapur took charge as Chairman & Managing Director of the Bank w e f
 August 16, 2002.
 Bank has further informed that Sri Michael Bastian, Executive
 Director of Bank has been posted as the Chairman & Managing Director
 Syndicate Bank. Mr Michael Bastian was relieved as the Executive
 Director of the Bank on August 24, 2002.
 -Vijaya Bank signs a pact with LIC to offer Life insurance cover to
 all its existing as well
 as its new deposit-holders.
 -Bank officials are undertaking roadshows where senior officials
 carry placard, giving
 reasons about their visit.  This is an innovative way to deal with
 defaulters for repaying
 loans without publicly naming them.
 -Vijaya Bank has unveiled a new electronic fund remittance facility
 called V-REMIT, under
 which the bank customers can electronically remit funds to the
 account holders in any bank.
 -P A Sethi has been appointed as the Executive Director of the Vijaya
 -Vijaya Bank has signed a Memorandum of Understanding with M/s
 National Insurance
 Company Limited for marketing bancassurance products.
 -Vijaya Bank has named its merchant bankers for its public issue
 amounting to Rs.100cr
 and slated to be released from the next month.
 -Bank has decided to amalgamate its own subsidiary VIBANK Housing
 Finance Ltd.(VHFL)
 with the Vijaya Bank.
 -Vijaya Bank has informed that GOI has appointed Sri.K.R.Aananda
 (Director, RBI Nominee),
 The bank's board now consists of the following:
 Mr.M.S Kapur,CMD                      Mr.P.A Sethi (Ex.Director)     
 Mr.K.R Anand (Director)             Mr.K.Kiran (Director)            
                 Mr.Babuseth Tyrewala (Drtr)
 Mrs.Sukdha Misra ( Director)    Mr.Pawan Kumar sharma  (Director)
 Mr.S Ananthan (Director)                      Mr.R Ashok Kumar (
 Mr.S.P Krishna Swamy (Director)                    Mr. B.K.Jagdish
 Chandra (Director)
 -Vijaya Bank has opened a Kiosk that is exclusively for retail
 lending at its Ashoknagar 
 Branch in Mangalore.
 -Vijaya Bank has hiked the rate of interest on FCNR ( B) deposits for
 all the three currencies
 accepted by it.
 -Bank has signed MoU with Punjab National Bank and Principal
 Financial Group of USA
 for a joint venture participation in Asset Management Company.
 -Vijaya Bank decides to open training centre for employees in
 -The Union government has bought back Rs 240-crore high-yielding
 government securities from Vijaya Bank.
 -Vijaya Bank ties up with NIC to offer free insurance policy
 -US-based Pricipal Group enters distributorship tie-ups with Vijaya
 -Delhi based Punjab National Bank (PNB) and Bangalore-based Vijaya
 Bank enter into a four-way partnership with Principal Financial of
 the US and  Berger Paints to set up an insurance broking company
 -Vibank Housing Finance Ltd. becomes wholly owned subsidiary of
 Vijaya Bank
 - Vijaya Bank has entered into a memorandum of understanding (MoU)
 with two tractor manufacturers International Tractors and Mahindra
 Gujarat Tractors to provide finance on softer terms to farmers for
 purchase tractors and power tillers
 -VIJAYA Bank signs pact with Nabard to co-finance agriculture, agro
 processing, hi-tech agriculture and rural development projects.
 -Vijaya Bank too enters RTGS bandwagon
 -Principal Asset Management Company (AMC) formally relaunches itself
 as Principal PNB Asset Management Company in association with Vijaya
 Bank on July 2, 2004
 -Vijaya Bank launched the bank's second city specific credit card -
 the 'Hyderabad Card'
 -Vijaya Bank has entered a Memorandum of Understanding with M/S
 Eicher Tractors with a view to facilitate farmers for purchase of
 tractors on softer terms
 -Vijaya Bank has entered into a Memorandum of Understanding with
 Punjab Tractors Limited with a view to help farmers purchase tractors
 on softer term loans
 -Bangalore-based Vijaya Bank has launched a new credit facility for
 farmers who are caught up in the clutches of private money-lenders
 and help them to improve their financial status
 -Vijaya Bank ties up with New Holland Tractors
 -Vijaya Bank ties up with National Insurance
 -Vijaya Bank ties up with TAFE
 -Vijaya Bank sets up new branches
 - Vijaya Bank has informed that Shri G B Singh has been nominated as
 GOI Nominee Director of the Bank vice Shri Atul Kumar Rai, vide
 letter dated August 20, 2007 received from Government of India,
 Ministry of Finance, Department of Financial Services with immediate
 - Vijaya Bank inked a memorandum of understanding with credit rating
 agency, Crisil, for rating its corporate customers.
 - Vijaya Bank has inked a pact with Credit Analysis & Research Ltd
 (CARE), one of the RBI accredited rating agency, to provide bank loan
 ratings to its corporate clients at a concessional fee.
 -Vijaya Bank has informed that Shri. Sridhar Cherukuri has been
 nominated as part-time non-official Director of the Bank with
 immediate effect, vide letter dated July 10, 2008 received from
 Government of India, Ministry of Finance, Department of Financial
 -Vijaya Bank has informed that Shri. Ranjan Shetty has been nominated
 as Officer Employee Director of the Bank with immediate effect, vide
 letter dated September 09, 2008 received from Government of India,
 Ministry of Finance, Department of Financial Services.
 - Vijaya bank has plans to issue 1,000 biometric smart cards to
 account-holders residing in villages by the end of this fiscal.
 - Vijaya Bank forged an alliance with VE Commercial Vehicles, a
 leading auto brand, to become a preferred financier for the latter's
 commercial vehicles.
 - The Company has recommended a dividend of Rs. 2.50 per Share on
 Banks Equity Share Capital and at 8.50% p.a.
 - B.S. Rama Rao has been appointed as Executive Director of the
 - Mr. V. Kannan, Executive Director, Oriental Bank of Commerce as
 Chairman & Managing Director, of the Bank. 
 - The Bank has recommended a Final Dividend of Re. 1.00/- per Share
 - Mr. Prakash Chandra Nalwaya has been appointed as , Non Official
 Director of the Bank.
 - Mr.Sanjay Kumar has been nominated as Government Nominee Director
 on the Board of the Bank
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `436 Cr की खरीदारी की
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  • MARKET CUES : इंडेक्स फ्यूचर्स में `744 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स ऑप्शंस में `137 Cr की खरीदारी की
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  • MS ON WIPRO : Underweight रेटिंग, लक्ष्य घटाकर `230/Sh
  • JEFFERIES ON WIPRO : Underperform रेटिंग, लक्ष्य घटाकर `218/Sh
  • CITI ON ACC : BUY रेटिंग, लक्ष्य घटाकर `2150/Sh
  • CLSA ON ACC : BUY रेटिंग, लक्ष्य `2050/Sh

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