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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Modi to address four rallies in Bengal on Sunday
Kolkata (PTI): Prime Minister Narendra Modi will address four public meetings across West Bengal on Sunday as the BJP intensifies its campaign ahead of the 2026 assembly elections.
Modi is scheduled to begin his tour with a rally in Bishnupur in Bankura district before heading to Purulia, Jhargram and then Medinipur, where he will address successive public meetings.
The rallies assume significance as the BJP seeks to consolidate its support base in the western and south-western districts of the state, regions where the saffron party had put up a strong performance in previous Lok Sabha and assembly elections.
The elections to the 294-member West Bengal assembly will be held in two phases -- on April 23 and 29. Votes will be counted on May 4.
