Vijaya bank sets Rs 60,000 crore target

Hyderabad, Dec 20 (UNI) Vijaya Bank Executive Director T Valliappan today said the bank would achieve Rs 60,000 crore business by the end of March 2007.

Speaking to newsmen here on the sidelines of inaugurating two ATMs in the city, Mr Valliappan said the bank has achieved Rs 51,000 crore business by surpassing the Rs 50,000 crore target by the end of October 2006.

Stating that the bank was planning to provide uninterrupted banking services in the villages, he said V-Sats and solar power systems would be installed at rural branchs keeping in view regular power interruption. 500 braches would be equipped with the new technology at the earliest.

Mr Valiappan said the 'Demand Draft (DD) Shoppy' facility would be provided in all metro cities by the end of next year as the banks already launched the service in Chennai and Bangalore. Sepcial counters would be set up at the metro branches to provide DD service to the customers even after the regular bank timings.

He said Vijaya Bank training institutes would be established in Hyderabad to provide training for entrepreneurs.

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