Vijaya Bank(Merged)

Fortune 500 2018
+ 8 More
+ 8 More
OVERVIEW
FINANCIALS

About

Vijaya Bank was a public sector bank established by a group of farmers led by A. B. Shetty in 1931 in Mangalore, Dakshina Kannada district of Princely State of Mysore (present-day Karnataka). The bank became a scheduled bank in 1958. The bank was nationalised in 1980. It has its head office in Bangalore, Karnataka, India. The bank offered a wide range of financial products and services. The bank had a network of 2031 branches throughout the country and over 4,000 customer touchpoints including 2001 ATMs. On 17 September 2018, the Finance Ministry of the Government of India proposed to amalgamate 3 state-run banks, viz. Vijaya Bank, Bank of Baroda and Dena Bank into a single bank as an effort to consolidate the country's banking system. It was later merged with Bank of Baroda on 1 April 2019.

Incorporation Year: 1931
Headquarters: Bangalore
Top Management: A.B Shetty- founder
Industry: BFSI

Featured In Fortune India Ranking

Fortune 500 India
#108(2018)
#98(2017)
#98(2016)
#100(2015)
#109(2014)
#111(2013)
#118(2012)
#134(2011)
#115(2010)
#108(2018)#98(2017)#98(2016)#100(2015)#109(2014)#111(2013)#118(2012)#134(2011)#115(2010)
Ranking Trend Fortune 500 India

Financial Data 2018

Revenue
14,190
(INR Cr)
Net Operating Income
12,590
(INR Cr)
Assets
177,848
(INR Cr)
Profit
727
(INR Cr)
Net Worth
9,837
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2018201720162015201420132012201120102009
Revenue
(INR Cr)
14190
1.1%
14031
8.3%
12957
-1.5%
13152
15.2%
11416
18.2%
9659
13.4%
8516
33.5%
6377
8.5%
5880
-2.0%
6001
-
Net Operating Income
(INR Cr)
12590
1.70%
12379
2.45%
12084
-1.55%
12274
14.64%
10707
18.28%
9052
13.32%
7988
36.69%
5844
12.37%
5201
-0.71%
5238
-
Profit
(INR Cr)
727
-3.1%
750
96.6%
382
-13.1%
439
5.7%
416
-29.0%
586
0.8%
581
10.9%
524
3.3%
507
93.3%
262
-
Assets
(INR Cr)
177848
14.7%
155070
6.5%
145569
2.0%
142730
3.8%
137482
23.9%
110982
15.8%
95812
16.8%
82013
16.8%
70222
12.6%
62382
-
Net Worth
(INR Cr)
9837
34.4%
7321
8.5%
6751
14.0%
5923
5.0%
5639
37.7%
4096
8.5%
3775
13.6%
3323
24.8%
2663
14.9%
2318
10.1%
Employee Cost
(INR Cr)
1607
-8.0%
1748
40.2%
1247
7.0%
1166
12.1%
1040
22.5%
849
14.7%
740
-26.8%
1010
43.2%
706
18.1%
597
-
Interest Cost
(INR Cr)
8287887393239981862371746085389737524113
Cash & Bank Balance
(INR Cr)
4970593166207352945866456403574655497672
Total Debt
(INR Cr)
16458714407413574113362212904110340988474752746387056805

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2018201720162015201420132012201120102009
Profit As % Of Revenues 5.1%5.4%3.0%3.3%3.6%6.1%6.8%8.2%8.6%4.4%
Profit As % Of Assets 0.4%0.5%0.3%0.3%0.3%0.5%0.6%0.6%0.7%0.4%
Profit As % Of Networth 7.4%10.3%5.7%7.4%7.4%14.3%15.4%15.8%19.1%11.3%
Interest Cost to EBITDA % ----------
Debt to Equity Ratio ----------
RONW 8.5%10.7%6.0%7.6%8.5%11.9%12.6%14.3%19.0%11.9%
ROCE ----------