Mangaluru, October 09: "Banks will have losses with the merger of nationalised banks. There is no proof that the merger of nationalised banks will strengthen the banking sector", said United Forum of Bank Unions district convener Vincent D'Souza.

Addressing a protest organised by the United Forum of Bank Unions in front of Canara Bank circle office at Balmatta in the city on Tuesday, he said that for the first time, among nationalised banks, five SBI group banks were merged. But in its 200 years of history, the State Bank of India had incurred loss for the first time. Now, the central government has planned to merge the Vijaya Bank, Bank of Baroda and Dena Bank which are in profitable mode and the bank employees would strongly condemn the decision, he said.

Why no action against Mallya, Nirav Modi and others?

Businessmen like Vijay Mallya, Nirav Modi and others, owners of Vinsam Diamond, Videocon and other companies had caused loss worth thousands of crores to the banks as they had failed to repay their loans. The government should take suitable action to recover the loan. The NPA percentage has been increasing in banks. Instead of taking action to reduce the NPA level, the central government has planned to merge the nationalised banks which is detrimental to the banking sector. The employees would continue their protest against such kind of merger, Vincent said.

Union leader Eknath Baliga and representatives of various other bank employees associations participated in the protest.


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Bengaluru: Karnataka's Health Minister Dinesh Gundurao has demanded the expulsion of BJP MLA Muniratna from the party, urging the BJP to demonstrate its commitment to justice and fairness to the people of Karnataka.

Taking to micro blogging platform, X on Tuesday, Gundurao remarked, “BJP MLA Muniratna’s casteist comments against the Vokkaliga community have been confirmed by the FSL report submitted to the SIT. He not only demeaned the Vokkaliga community but also made derogatory remarks about the women of the community.”

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He further alleged, “It has been established that Muniratna is not only a casteist but also a misogynist. Despite this, the BJP continues to support him, proving yet again its anti-women stance. The BJP’s backing of Muniratna exposes its hypocrisy in claiming ‘Hindus are one.’”

Gundurao also criticized Prime Minister Narendra Modi's slogan, "Beti Bachao, Beti Padhao," calling it "ridiculous" in light of the BJP’s alleged support for individuals accused of mistreating women. He urged the BJP to take action and protect the dignity of women and vulnerable communities in the state.

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