Vijaya Bank

Vijaya Bank News

Bank of Baroda merges with Dena Bank and Vijaya Bank to become second largest PSU bank

The consolidated entity started its operation with a business mix of over Rs 15 lakh crore of balance sheet, with deposits and advances of Rs 8.75 lakh crore and Rs 6.25 lakh crore, respectively.

Bank of Baroda's merger with Dena Bank and Vijaya Bank approved by Cabinet

Law Minister Ravi Shankar Prasad said that the amalgamation would help create a strong globally competitive bank with economies of scale and enable realisation of wide-ranging synergies.


For second time in a week, 10 lakh bank employees go on nation-wide strike

The one-day strike has been called by the United Forum of Bank Unions (UFBU) who claimed that the government wants banks to grow in size through this amalgamation. The strike has affected banking operations.

Vijaya Bank board approves merger proposal with Bank of Baroda, Dena Bank

Earlier in September, the government announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank to create the country's second-largest PSU lender by assets and branches.

PSB Consolidation: Bank of Baroda gets Vijaya Bank breather with Dena Bank stress

This would ensure that while absorbing the two smaller banks, Bank of Baroda gets the positive strength of Vijaya Bank while dealing with the stiff challenges associated with turning around Dena Bank.

Merger of BoB, Vijaya, Dena Bank to improve efficiency, governance: Moody's

The government Monday proposed the merger of the three state-owned banks to create the country's third-largest lender as part of efforts to revive credit and economic growth


BoB, Dena Bank, Vijaya Bank Merger: Bankers say consolidation good for public sector banks

Vijaya Bank posted a 43.3 per cent decline in net profit at Rs 144.34 crore for June quarter even though NPA ratio improved. In absolute terms, gross NPAs however rose to Rs 7,579.11 crore as on June 30, 2018 against Rs 6,812.21 crore a year ago.

Vijaya Bank recruitment 2018: Applications invited for manager posts, salary details

The selection will be made on the basis of an interview. The bank might also conduct a group discussion/written test before the interview if required.

Vijaya Bank NPAs jump to Rs 6,027 crore

Its net NPAs also increased to 4.81 per cent as against 1.92 per cent at the end of March 2015. Provisions rose to Rs 653 crore from Rs 305 crore.

Four men tie up guard, attempt to rob ATM

CCTV footage was examined by the police team for further investigation.