Navi Mumbai is a planned township in the Indian state of Maharashtra. It is a beautiful and well-organized city located in the Thane district towards the north-east of Mumbai. Navi Mumbai was originally planned in 1971 with an aim to decongest the great city of Mumbai. This new township is a fast developing residential and commercial area that offers all modern infrastructure and amenities. A considerable amount of commercial activities are being gradually shifted from Mumbai to this new township. Navi Mumbai flouts its organized roads that offer excellent connectivity. A new international airport at Navi Mumbai is currently under construction. Navi Mumbai is also famous for its many shopping malls and upcoming residential complexes. Most of the software companies that are operational in Maharashtra have opened their offices in Navi Mumbai. The government of Maharashtra has taken initiatives to set up IT parks at Navi Mumbai to cater to the growing demand or this rapidly growing city. It also helps declutter Mumbai and takes considerable pressure off it. Various educational institutions have come up in Navi Mumbai, offering courses in a variety of streams including engineering, medical sciences, hotel management, interior designing, etc. This young city has already become an active business hub since most of the MNCs based in Mumbai have set up their offices in this new city. Along with plenty of employment opportunities, this city offers entertainment and recreational facilities to ensure a comfortable life for the residents.
The Vijaya Bank is headquartered in Bangalore, Karnataka, India and it is one of the nationalized public sector banks in India. The bank provides several financial products and services to customers through its delivery channels. As of March 2017, the bank has a network of approximately more than 2000 branches across India and over 4000 customer touch points including 2001 ATMs.Since its inception, the bank grew steadily. It became a scheduled bank in 1958. Vijaya Bank steadily evolved into a large All India Bank with nine smaller banks merging with it during 1963,1968 under the chairmanship of Shri. Mulki Sunder Ram Shetty. The bank registered its logo in 1965. On November 11, 1969, the banks head office was shifted to Bengaluru. On 15 April 1980, the bank was nationalized. The bank had 571 branches, with a total business of ?605.95 crore and a staff strength of 9059 at the time of nationalization. On 26 October 1984, the present head office building of the Bank was inaugurated at Mahatma Gandhi Road, Bengaluru. Shri R.A.Sankara Narayanan is the current MD & CEO of Vijaya bank. As on 31 March 2017, the banks total business is over ?2,29,000 crore containing deposits of ?1,33,012 crore and advances of ?96,821 crore.