[Perov, A. I., On Cauchy problem for a system of ordinary diferential equations, (in Russian), Priblizhen. Metody Reshen. Difer. Uravn., 2 (1964), 115-134] used the concept of vector valued metric space and obtained a Banach type fixed point theorem on such a complete generalized metric space. In this article we study fixed point results for the new extensions of Banach’s contraction principle ...