Vijaya Bank, a public sector bank has decided to raise additional tier-I bonds (series III) amounting to Rs 500 crore. The company will issue additional tier-I bonds. Besides, credit rating agency, ICRA has given a negative outlook to the proposed bonds with AA- rating. CARE too has given the same rating to the issue.
Vijaya Bank offers various products and services specific to various segments such as it has saving accounts for children, scheme for women clientele, credit facilities to minority communities like Zoroastrians, Buddhists are among others.
