At meeting held on 29 March 2016
Vijaya Bank announced that pursuant to Government of India letter dated 28 March 2016, Government has decided to infuse capital funds to the tune of Rs. 220 crore in Vijaya Bank by way of preferential allotment of equity in favour of Government of India as part of capital infusion for the Financial Year 2015-16.The letter was placed before the Board of Directors in its meeting held on 29 March 2016 and Board has accorded approval for the above said infusion of Equity by way of preferential allotment in favour of Government of India.
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