Government to infuse capital funds of Rs 220 crore in Vijaya Bank

Vijaya Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532401 | NSE: VIJAYABANK

30 Mar 2016 Evaluate

The Government of India (GoI) has decided to infuse capital funds to the tune of Rs 220 crore in Vijaya Bank by way of preferential allotment of equity in favour of GoI as part of capital infusion for the Financial Year 2015-16. The bank at its board meeting held on March 29, 2016 has accorded approval for the same.

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.

Peers

Company Name	CMP
State Bank Of India	961.90
PNB	112.50
Bank Of Baroda	227.90
Canara Bank	120.90
Union Bank Of India	171.80
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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