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Vijaya Bank plans to add 150 branches this current financial year: Report

27 Sep 2016 Evaluate

Vijaya Bank is reportedly adding 150 branches during the current financial year to the existing network of 1,950 branches. The bank had opened 246 branches, the highest for any public sector bank, during 2015-16.

The NPA of the bank is the lowest among the public sector banks at 5 percent (net NPA). Retail lending was one of the bright features, with the segment accounting for 25 per cent of the loans and growing at 26 percent a year.

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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