Vijaya Bank - History

History

Vijaya Bank, was established by Shri. Attavara Balakrishna Shetty at Bunts Hostel in Mangalore on October 23, 1931. Since it was established on Vijayadashami Day, it was named ‘Vijaya Bank. The objective was to promote banking habits, thrift and entrepreneurship among the farming community of Dakshina Kannada district in Karnataka State. The bank became a scheduled bank in 1958. Vijaya Bank steadily grew into a large All India bank, with nine smaller banks merging with it during 1963-68. The bank was nationalised on April 15, 1980.

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