Private sector lender, Vijaya Bank has launched another ‘Jewel Loan Shoppe' at its Ramdev galli branch in Belgaum, Hubli. It is the second outlet of its kind to be opened by the bank in Hubli.

The outlet was inaugurated by Mr B.A. Tata, Assistant General Manager, Hubli Region.

Mr Tata said that by December end 2010, the total jewel loan portfolio of the bank in Hubli region amounted to Rs 16.56 crore. He added that the region has set the target of Rs 30 crore by the end of this fiscal.

The bank also plans to put up few more such outlets.