Vijaya Bank opens ultra small branches and literacy centers across the country
By Neelima Shankar
Jun 26, 2012
Print    Email    RSS   

Bangalore based private lender, Vijaya Bank has opened 171 ultra small branches across the country in a single day. These branches would work in close coordination with the business correspondents (BC) towards providing better services in an efficient manner under the Financial Inclusion drive of the government.

Financial Inclusion aims at providing financial services like deposits, loans, insurance, etc. at a low cost to the financially deprived in small centers like villages with population of less than 2000.

A large chunk of these branches, 100 were inaugurated in Karnataka state by Bank Chairman and MD Mr. HS Upendra Kamath. These centers were opened in villages of the district of Mandya district.

The remainder of 71 branches was spread across the country in Chennai, Delhi, Bhopal, Pune, Udupi, Chandigarh, Mangalore, Kozhikode, Vijayawada, Hyderabad, Kolkata, Hassan and Shimoga.

The bank also opened the doors to three financial literacy and credit counseling centers in Haveri, Dharwad, and Mandya districts. The bank also gave to the above districts and Udupi with a van for spreading financial literacy in the centers.

This brings the bank's total ultra small branches to 191.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

12 point conduct checklist for bank and...
Carnival of Indian Personal Finance Blogs #1
PPF- How good an investment option!!
Steps to file Income Tax return online
Credit profile and its effect on loan...

how to download my account details
last six months statement

HDFC bank adjudged as the Best private bank in India Feb 16, 2015
HDFC reported an increase of 20% in its net profit Feb 16, 2015
ICICI bank launched Flash remit facility Feb 13, 2015
BOM launched new savings deposit scheme for HNI customers Feb 12, 2015
BMB bank to have a total of 80 branches by the March end. Feb 10, 2015
News Archive