Vijaya Bank sets Rs 1.26 lakh crore business target

Vijaya Bank has set a target of 21 per cent growth in its overall business for 2010-11 to reach the Rs 1,26,000 crore mark.

Vijaya Bank has set a target of 21 per cent growth in its overall business for 2010-11 to reach the Rs 1,26,000 crore mark.

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The bank's current year goals under various business segments and other key parameters were firmed up at its Annual Business Plan conference held here today, it said in a statement.

The target of Rs 1,26,000 crore business comprised of Rs 74,000 crore of deposits and Rs 52,000 crore of advances, it said.

In 2009-10, Vijaya Bank's aggregate business crossed the land mark Rs 1,00,000 crore level to reach Rs 1,03,911 crore, with a net profit of Rs 507 crore.