Vijaya bank merger 'dictatorial' decision, says former bank director Subbayya Shetty
Mangaluru, Apr 5: The merger of profit-making Vijaya bank with loss-making banks is a 'dictatorial' decision which is not meant to strengthen the banking system, former director of the bank Subbayya Shetty said Friday.
The merger of the banks was hurriedly carried out only to protect fraudulent businessmen, Shetty told reporters here.
Representatives of officers and employees have not been appointed to any of the banks in the last three years, he claimed, adding the issue was not discussed at any forum.
Vijaya bank was the pride of the coastal region and the Bunt community which played a key role in setting up of the bank, he said.
"The merger of the bank with loss-making banks is a dictatorial decision...," he added.
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Chennai Super Kings beat Rajasthan Royals by 5 wickets in low-scoring IPL thriller
Chennai, May 12: Chennai Super Kings on Sunday clinched a five-wicket win over Rajasthan Royals in a low-scoring thriller to brighten their IPL playoffs qualification chances here on Sunday.
Chasing a modest 142 on a tricky surface, CSK made 145 for five in 18.2 overs with skipper Ruturaj Gaikwad dropping the anchor to make a well-compiled unbeaten 42 (41 balls, 1x4s, 2x6s).
Rookie Sameer Rizvi hit an eight-ball 15 not out with three fours to end the game in a jiffy after Ravindra Jadeja became the third batter in IPL history to be adjudged out after obstructing the field.
Earlier in the first innings, Chennai Super Kings bowler led by seamer Simarjeet Singh produced a unified show to restrict Rajasthan Royals to a moderate 141 for five.
Tushar Deshpande took 2/30 while the others produced disciplined spells.
For RR, Riyan Parag top scored with 47 not out off 35 balls with three sixes and one four.
Brief scores:
Rajasthan Royals 141/5 in 20 overs (Yashasvi Jaiswal 24, Riyan Parag 47 not out, Tushar Deshpande 2/30, Simarjeet Singh 3/26).
Chennai Super Kings 145/5 in 18.2 overs (Rachin Ravindra 27, Ruturaj Gaikwad 42 not out; Ravichandran Ashwin 2/35, Nandre Burger 1/21, Yuzvendra Chahal 1/22) by 5 wickets.
