Financial Results for the Quarter ended 30th September 2018

The Board of Directors of Vijaya Bank today approved the reviewed financial results of the Bank for the Quarter ended 30th September 2018.

Vijaya Bank MD & CEO Sri R. A. Sankara Narayanan (centre) announced the Bank’s Financial Results for the Second Quarter of FY 2018-19 ended on 30.09.2018 at Bangalore today (29.10.2018) in the presence of Executive Directors Sri Y. Nageswara Rao (right) and Sri Murali Ramaswamy..

Q2 HIGHLIGHTS fY-o-Y)

Gross Advances up by 36.98% at Rs.129040 Cr

Gross Deposits up by 25.47% at Rs.167628 Cr

Total business up by 30.23% at Rs. 296668 Cr

Operating Profit up by 3.39% at Rs. 759 Cr

Net Profit at Rs. 140 Cr.

Net Interest Income up by 15.58% at Rs. 1166 Cr

Retail Credit up by 26.67%

Housing loans portfolio up by 31.13%

Gross NPA down from 7.06% to 5.86%

Net NPA down from 4.86% to 3.81%

Provision Coverage Ratio improved to 62.65% from 59.29%

CRAR (Basel III) at 13.56% from 13.31%

CD Ratio improved from70. 52% to 76.98%

City Today News

(Tj vision media)

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जापान के विख्यात डिज़ाइनर ब्रांड, MINISO (मिनीसो), ने आज अपना नया आउटलेट बैंगलुरु के इंद्रानगर में लांच किया.

Bengaluru, 27th Oct, 2018:

जापान के मशहूर डिज़ाइनर ब्रांड MINISO ने आज बैंगलुरु के इंद्रानगर में अपना नया आउटलेट लांच किया. जापान आधारित यह ब्रांड जापानी डिज़ाइनर, श्री मियाक जुन्या और एक युवा चीनी उद्यमी श्री ये गुओफू द्वारा टोक्यो, जापान में संयुक्त रुप से स्थापित किया गया था.

MINISO के बारे में: MINISO इंडस्ट्रीज कंपनी लिमिटेड द्वारा संचालित MINISO ने सितंबर, 2013 में चीनी बाजार में प्रवेश किया था.
“सादगी, प्राकृतिक और अच्छी गुणवत्ता” के जीवन दर्शन के साथ MINISO ने अगस्त 2017 में भारत में अपने दरवाजे खोले थे और आज बैंगलुरु में एक नया स्टोर लाॅन्च किया है. इस स्टोर को स्टोर पार्टनर, श्री श्याम सुंदर प्रसाद संचालित करेंगे। चेयरमैन संदीप केड़िया एवं वेंटोटा रिटेल्स के सह-संस्थापक ने वेंटोटा रिटेल के सीईओ एवं को-फाउंडर, दीपक आंचलिया के साथ शहर में नए स्टोर की शुरुआत की है। उन्होंने देश में 50 स्टोर खोले हैं और 31 दिसंबर, 2018 तक 100 स्टोर खोलने के लक्ष्य पर काम कर रहे हैं। उनका उद्देश्य 31 दिसंबर, 2019 तक 300 स्टोर खोलने का है।

संस्थापक के शब्द:
इस मौके पर वेंटोटा रिटेल्स के सह-संस्थापक, संदीप केडिया और दीपक आंचलिया ने कहा, “हम सदैव ऐसा खुशनुमा स्थान बनाना चाहते थे, जो हम सभी के अंदर के बच्चे को बाहर ले आए। यह स्टोर बहुत किफायती है और यहां सभी चीजें एक ही छत के नीचे हैं। हम बैंगलुरु में अपने स्टोर के लिए बहुत उत्साहित हैं।”

स्थानः
नं. – 1134, 100 फीट रोड,
एचएएल, द्वितीय तल, इंद्रानगर,
बैंगलुरु

उत्पाद मूल्य: 150 रुपये से शुरू

City Today News

(Tj vision media)

MINISO, Japan based designer brand, has launched its new outlet at Indranagar in Bengaluru today.

Bengaluru, 27th Oct, 2018:
MINISO, a Japan-based designer brand, has launched its new outlet at Indranagar in Bengaluru today. This Japan based brand was co-founded by Japanese designer Mr. Miyake Junya and a young Chinese entrepreneur Mr. Ye Guofu in Tokyo, Japan.
About MINISO: MINISO run by MINISO Industries Co., Ltd. was entered the Chinese market in September, 2013.

Sticking to the life philosophy of “simplicity, nature and good quality” in August 2017 MINISO opened its doors in India and today launched a new store in Bengaluru. The store is run by Store Partner Shri Shyam Sunder Prasad. Chairman Sandeep Kedia and also the Co-founder of Ventota Retail along with Deepak Anchalia who is the CEO & Co-founder of Ventota Retail have initiated to open the store in the city. They have opened 50 stores in the country and are on target to open 100 stores in total by 31st December 2018. Their aim is to open 300 stores in total by 31st December 2019.

Founder’s Word:
“We have always wanted to create a happy place which brings out the child in us. The store is very affordable and it’s all there under one roof. We are very excited to have the store in Bengaluru” said Sandeep Kedia & Deepak Anchalia – Co-Founders of Ventota Retail.

Location:
No. – 1134, 100 Feet Road,
HAL 2nd Stage. Indranagar
Bengaluru

Products Price: Rs/- 150 onwards

City Today News

(Tj vision media)

Honorable Vice President of India, Shree Venkaiah Naidu felicitates ‘RBS Earth Heroes’ for their distinguished work in the field of environment and ecology

New Delhi, 27 October 2018: RBS India, the innovation and operations hub of the Royal Bank of Scotland (RBS), today announced the winners of the RBS ‘Earth Heroes’ Awards for 2018. The eight winners were felicitated by the Vice President of India, Shree Venkaiah Naidu, for going beyond their call of duty to save the planet’s ecological assets.

RBS set up the RBS Foundation India in 2007, and has since been strengthening communities, improving livelihoods and promoting conservation in over 1100 villages. The Foundation’s 22 projects, across Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Madhya Pradesh, Gujarat, Rajasthan, Odisha, West Bengal, Uttarakhand, Jammu & Kashmir, and Uttar Pradesh, are benefitting over 124,475 families.

While presenting the RBS Earth Heroes Awards to those who contributed to protect and conserve the environment, the honourable Vice President of India, Shree Venkaiah Naidu said, “I congratulate The Royal Bank of Scotland (RBS) for having instituted these novel awards which identify and honour outstanding individuals and institutions that have made significant contribution to protect and conserve the valuable resources of our planet.”

Mr. Pankaj Phatarphod, Managing Director and Country Head of Services; India Chairperson – RBS Foundation India, said, “The consequences of climate change and the planet’s depleting natural resources are much closer. Solving these grave issues is not a question of legislation alone but of our own positive actions. The RBS Earth Heroes Awards’ journey has been humbling and inspirational, as it allows RBS an opportunity to honour entities and individuals for their relentless work in conservation and sustainability. It is indeed a privilege for us to be hosting these awards each year.”

Mr. N Sunil Kumar, Head of Sustainability, India, Royal Bank of Scotland and Director, RBS Foundation India, said, “The nominations we have received for our awards have been an experience in humility for all of us. The number of individuals who have taken upon themselves the duty of protecting our natural heritage, with some of them risking and sacrificing personal assets and wellbeing, is a true celebration of India’s spirit of public service.”

The winners of the 2018 RBS ‘Earth Heroes’ Awards are:

With the growing ecological imbalance impacting communities, wildlife and their habitat, RBS Earth Hero Awards were institutionalised in 2011 to provide a national platform to those individuals and institutions who have espoused and undertaken actions to protect our endangered forest, wetland and other natural ecosystems. The winners of these awards were carefully selected by an independent nine-member jury, comprising some of the most respected names and authorities in conservation and field biology, out of over 60 nominations from across the country.

City Today News

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Yamaha’s ‘The Call of The Blue’ campaign comes to the city of Bengaluru   An eventful day for the Bengaluru riders concluded with various exciting biking activities

Bengaluru, October 27, 2018: India Yamaha Motor (IYM) Pvt Ltd. concluded another thrilling chapter of its ongoing ‘The Call of the Blue’ event at Ezone Club, Marathahalli. The event charmed all its patrons in tech-hub with its exciting and stylish activities such as the Gymkhana riding where the riders displayed skills of bike riding at the tracks, and along with a long array of Yamaha vintage motorcycles that were showcased at the Hall of Fame area and two wheeler enthusiasts were given an opportunity to garner information on the latest bikes launched by Yamaha.

The event was rigorously put together to engage the Yamaha customers with the aim of creating a sense of belongingness and pride while keeping the global image of Yamaha intact, i.e., ‘exciting, stylish and sporty’. After Bengaluru, The Call of the Blue event is scheduled in Delhi-NCR around November this year.

The Call of the Blue was hosted in Chennai, Kolkata and Hyderabad during September and October this year which has seen enormous footfall and lively participations from motorcyclists of the city. The series of all these events earned admiration with the spontaneous involvement from the crowd, eventually recognizing Yamaha’s true DNA – exciting, stylish and sporty.

During the national announcement of the brand campaign, Mr. Motofumi Shitara, Chairman, Yamaha Motor India group of companies had said, “Yamaha’s global corporate mission of realizing kando should be expressively achieved through all of its products or related experiences. Being a #CustomerFirst brand, it is our duty to create delightful experiences for customers that can enrich their lives in the long run. The launch of “The Call of the Blue” should convey Yamaha customers or any customer of two wheelers about the brand’s commitment to provide highly advanced technology as well as treasuring style through its two wheelers. The launch of new products under the campaign launch will offer exciting experiences put together by the Yamaha uniqueness.”

He further added on this occasion, “Yamaha is extremely convinced to put together a brand engagement event following a vibrant riding culture of Bengaluru which is also an important market for Yamaha. The excitement and style that is offered to Yamaha customers through such initiatives is only what counts for us as a ‘kando’ creating company.”

City Today News

(Tj vision media)