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Monday, November 11, 2013

Mr,Upendra Kamath CMD with Two Executive Directors addressing Media

VIJAYA BANK PERFORMANCE HIGHLIGHTS FOR HALF YEAR ENDING 30.09.2013.

* Deposits Rs.1,07,936 crores .
* Advances Rs.71,434 crores.
* Net interest income Rs.1062.32 crores.
* Net Profit Rs.268.68 crores.
* Operating profit up by 27%.
* Yield on advances 11.49%
* Gross NPA 2.77%
* Net NPA 1.75%
* Total branches :1457
* Total ATM's : 1001

Guidance for 2014:
* The bank aims to reach Total business of Rs.2,00,000 Crores by December,2013.
* The bank branches to increase to 1500 by December,2013.
* Continuous monitoring of the credit portfolio by the bank to avoid fresh slippages.
* To increase fee based income.
The Chairman & Managing Director Mr.H.S.Upendra Kamath said,"The bank is on
growth trajectory and with the steps initiated and strategies adopted,the bank is
poised to post further improvement in performance".