Vijaya Bank to invest in equity shares of NPCI

Vijaya Bank is making investment of 142,000 equity shares in private placement of equity shares of National Payment Corporation of India (NPCI) at Rs 352 per equity share, having face value of Rs 100 each amounting to Rs 4.99 crore i.e. in percentage term 1.02% of post-issue equity paid-up capital of the investee company.

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.