The scenic city of Imphal is the capital of the Indian state of Manipur. The ruins of the ancient Palace of Kangla, which is surrounded by a moat, is located in the center of this city. It used to be the royal seat of Kingdom of Manipur. The city is known for its several prestigious educational institutions such as IIIT Manipur, Manipur Institute of Technology, NIT Manipur, Manipur Technical University, Jawaharlal Nehru Institute of Medical Science, Manipur Central University, Central Agricultural University, National Sports University, Manipur University of Culture, etc. There are several branches of Don Bosco, DAV Public School, Kendriya Vidyalaya and Jawahar Navodaya Schools in and around the city that makes Imphal an educational hub. Imphal serves as an important location for tourism in Manipur - the Kangla Fort on the banks of the Imphal River has many temples inside and is surrounded by a beautiful lake. The Hiyangthang Lairembi Temple Complex, Imphal War Cemetery, India Peace Memorial on Red Hill, Ima Keithel Womens Market are few of the places in the city that are worth visiting. The economy of Imphal is primarily agrarian. The soil and the climatic conditions support the cultivation of various grains, oilseeds, fruits and vegetables. The handloom and handicraft industry is the largest cottage industry in the city and excels in weaving as well as cane and bamboo crafts. Tourism also fuels the citys economy.
The Vijaya Bank was founded by a group of farmers under the leadership of A. B. Shetty on 23 October 1931, in Mangaluru, Dakshina Kannada District of Karnataka State. It was named Vijaya Bank since it was found on the auspicious Vijayadashami Day. During the economic chaos created out of the Great Depression of 192730, Shetty approached some eminent personalities to start a bank with the aim of providing credit facilities at a lower rate of interest to the farmers for cultivating their lands and preventing them from falling in the grasp of money lenders. On 23 October 1931, Mr.Shetty involved 14 leaders and established Vijaya Bank. The bank had an authorized capital of ?Five lakh and an issued capital of ?Two lakh in the beginning. Being a retail bank, its topline growth has come from the retail segments. Retail advances of the bank constitute 30% of the gross credit. The Bank has been actively working with the agenda of financial inclusion. The bank has been started with the objective of financial empowerment and providing banking services to the rural masses. The Vijaya bank has also opened Basic Savings Bank Accounts under Pradhan Mantri Jan Dhan Yojana and provided Rupay debit cards to all the account holders. The bank participated in promoting social security schemes such as Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and Atal Pension Yojana.