State-owned Vijaya Bank has received its shareholders’ approval to raise Rs 900 crore by issuing equity shares. The approval came at the Bank’s Annual General Meeting, but did not provide any time-frame for raising the funds.
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.