Mangaluru: J R Lobo leads Congress party protests against Vijaya Bank merger

Thu, Jan 10 2019 12:09:56 PM

Pics: Ramesh Pandith/Spoorthy Ullal

Daijiworld Media Network – Mangaluru (ANK)

Mangaluru, Jan 10: Dakshina Kannada Congress party led by former MLA J R Lobo held protest on Thursday, January 10, in front of Vijaya Bank regional office near Jyothi Talkies against the merger of Vijaya Bank with other two nationalized banks.

“Dakshina Kannada has given birth to five big nationalized banks. So far none of the banks has been merged with any other bank. We condemn the move of central government to merge Vijaya Bank with Dena Bank and Bank of Baroda which are under huge losses. This is an insult to Vijaya Bank,” J R Lobo said.

“6 months back Congress party protested against this issue. Member of Parliament Nalin Kumar Kateel is silent on this issue. He has not said any word about this issue. Even while renaming the St Aloysius Road to Mulky Sunder Ram Shetty, BJP created lot of confusion. Now they are not even trying to save Vijaya Bank. They should be ashamed of this,” Lobo added.

“BJP does not need Vijaya Bank now as they need only party and Modi, They never cared about the service and sacrifice of Mulky Sunder Ram Shetty. The wrong decision taken by the government needs to be withdrawn immediately,” Lobo demanded.

Former minister Ramanath Rai, speaking on the occasion, said, "Attavar Balakrishna Shetty strived hard to start Vijaya Bank which was taken forward by Mulky Sunder Ram Shetty. Vijaya Bank is one of the prominent banks which gave employment to several people. Now the day has come to remove the images of Mulky Sunder Ram Shetty. We can mark this as a black day. When decision was taken to merge the Vijaya Bank with other banks, MP Nalin Kumar Kateel has no voice to speak out. Now all of a sudden, a memorandum is given to Jaitley. The move of merging Vijaya Bank with Dena bank and Bank of Baroda is not right and the decision needs to take back,”

District Congress president Harish Kumar said, "We condemn the move made by Central government to merge Vijaya Bank with other banks. Vijaya Bank has given loan to every sections of society. Congress has been protesting since 8 months. Our MP is totally silent on this issue.”

Congress party also held protests opposite Congress office and at Kankanady.

MLC Ivan D’Souza, corporator Appi, Asha D Silva, Praveen Chandra Alva, AC Vinayaraj and others were present.

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Comment on this article

Vicharvyakthi, Udupi
Fri, Jan 11 2019
Why merger with Bank of Baroda? Is it because Bank of Baroda is from Gujarat and Modi is from Gujarat! Or is it Modi wants to dump Gujarat model of Banking on Karnataka origin Bank.

Karnataka is The only State that have produced successfully so many major Banks and successful served throughout India.

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NN, NN
Thu, Jan 10 2019
Withdraw the deposits and deposit in another bank that is favorable to DK people. It is important to have known person in the bank who can understand the local culture, language and needs of the local people. Depositors will be in trouble for a minor error in banking which can be overlooked by the bank employee or blow it out of proportion. Bank with the known and friendly person. It is your money and your life.

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ABD, LOS ANGELES
Thu, Jan 10 2019
FIRSTLY I WOULD LIKE TO KNOW IF IVAN OR LOBO GOT VIJAYA BANK A/C AND SECONDLY WHY DID THESE BOTH LEADERS WENT AGAINST NAMING SUNDAR RAM SHETTY ROAD ?? WHY DIDN'T THEY DO SIMILAR KIND OF PROTEST THEN.. SUCH A DOUBLE STANDARD LEADERS

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VALERIAN RODRIGUES, UJIRE
Thu, Jan 10 2019
THE VIJAYA BANK MERGING WITH BANK OF BARODA ISSUE IS HIGHER THAN RENAMING ST ALOYSIAS COLLEGE ROAD AS MULKI SUNDAR RAM SHETTY ROAD.THEN EVERY BODY SHOULD HAVE SUPPORT TO RENAME THAT ROAD AS ST.ALOYSIAS ROAD.BECOUSE FAMOUS COLLEGE IS THERE.IF ANY ONE WANTS TO NAME ANY ROAD AS MULKI SUNDAR RAM ROAD,MAY SEE ANYWHERE OF MANGALORE.

SOMBODY MADE THAT ISSUE AS BIG ISSUE.NOW WITHIN THREE MONTHS VIJAYA BANK NAME WILL MISS TOTALLY FROM EVERY WHERE.THEN SOME SO CALLED LEADERS ANNOUNCED AGAINST MR.J.R.LOBO AND CALLED TO DEFEAT HIM IN MLA ELECTION.SAME PERSONS WHAT WILL DO NOW AGAINST MISS.SHOBHA AND MR. NALIN KATEEL WHO SUPPORTED MODI GOVERNMENT TO MERGE VIJAYA BANK WITH BARODA AND DENA BANK?

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Diwakara B., Kota/Kundapura
Fri, Jan 11 2019
You are a lost black sheep in Lost Angles why you are interfering in our matters. Better you mind about your Mexico wall understand.

The protest is about the merger of our prestigious bank with the 2 gujju bai banks. Adika Prasangi, who are you to ask A/C with any banks. Since BJP is doing this OUR bunts community doesn’t have any problems, surprising!!!!!

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KS Mayya, Mangalore/Bangalore
Thu, Jan 10 2019
It is clearly a strategy to minimize the impact of a mega failure in Dena Bank by absorbing its losses to 2 profit making banks viz., BoB and Vijaya Bank. Instead of fighting the merger, how about at the very least fighting for retaining the name of the combined entity as Vijaya Bank?

Whether it be, Nalin KK or JP or anyone from South, their bargaining power in the parliament is meager. Most of the control is with MPs that bring majority seats to the Parliament, viz., UP and the Hindi belt. The Lobos or the DSouzas cannot do a bit on this, leave alone Kateel. Even Moily was known as a loyal soft spoken & harmless leader and hence could win some coveted positions but with little influence for the region.

Unless more and more DK people take up IAS and IPS career (which again is dominated by North Indians) coupled with selection of charismatic and able leaders from DK and southern part of Karnataka this trend will continue.

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mahesh, Mangalore
Fri, Jan 11 2019
Reading a Balanced view after a long time.
Keep posting more.

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Langoolacharya, Belman / Washington,DC
Thu, Jan 10 2019
Excellent comment about CONgress....well said...it says it all...

...Tak...Takk...

DisAgree [3] Agree [8] Reply Report Abuse
JFD, Udupi/Sharjah
Thu, Jan 10 2019
Famous dialog ..Pudar deethuji.. Bankgla Bankgla madime?

DisAgree Agree [6] Reply Report Abuse
David Pais, Mangalore
Thu, Jan 10 2019
banks r looted by faku daaku da illiterates chaiwala & pakodawala.

DisAgree [19] Agree [17] Reply Report Abuse
mahesh, mangalore
Thu, Jan 10 2019
And can you explain how, sir?
it was public sector bank before merger.
It will remain a public sector after merger.
You seem to have some extra information, which we dont have.
Please share it here.
But not fake ones.
Share some real fact based news.

DisAgree [5] Agree [19] Reply Report Abuse
VALERIAN RODRIGUES, UJIRE
Thu, Jan 10 2019
MR.MAHESH YOUR OPINION IS CORRECT. ACTUALLY VIJAYA BANK IS NOT PRIVATE.IT IS GOVERNMENT ENTERPRISES.GOVERNMENT HAS RIGHT TO CHANGE,MERGE OR RENAME ITS ANY BUSINESS.NOW GOVERNMENT DONE SAME.NOW EVERY ONE TAKES THIS ISSUE AS THEIRS OWN THINKING.

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francis lobo, Mangalore
Thu, Jan 10 2019
I do not understand why JR Lobo is protesting. The community who started the Vijaya bank and who have 6 MLA' from coastal area in the present Karnataka assembly from BJP are not saying a word or protesting . They only protest when a road need to named .

What use of Lobo's or Ivan's protest. They are wasting their time and others time

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SB, Mlore
Thu, Jan 10 2019
Lobo taking and praising SUNDAR RAM SHETTY Today..... OMGGGGGGGG. What did I just read!!!

What a Hypocrisy by this man who blocked the naming of HatHouse Hill road to MS Shetty Road. What a double tongue! I thought LOBO & Khader were little bit different than Ivan or other regular Dongis.

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PRAVEEN, MANGALORE
Thu, Jan 10 2019
ಒಂದು ನಾಯಿ ಕಂಡರೆ, ಇನ್ನೊಂದು ನಾಯಿಗೆ ಆಗಿ ಬರಲ್ಲ.....ಆದರೆ ನಾಯಿ ಹಿಡಿಯುವ ವಾಹನ ಬಂದರೆ ಎಲ್ಲ ಕೂಡಿ ಬೊಗಳಲು ಶುರು ಮಾಡುತ್ತವೆ...ಅದುವೇ #ಮಹಾಘಟಬಂಧನ

DisAgree [7] Agree [45] Reply Report Abuse
Langoolacharya, Belman / Washington,DC
Thu, Jan 10 2019
Excellent comment ....well said...it says it all...

...Tak...Takk...

DisAgree [4] Agree [18] Reply Report Abuse
Deva, Pilar
Thu, Jan 10 2019
Best idea to promote only State Bank of India...One India One Bank.

DisAgree [7] Agree [25] Reply Report Abuse
Monty Dotor, Mangalore
Thu, Jan 10 2019
Double standards!

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Mangalorean, Mulky/Mangaluru
Thu, Jan 10 2019
How can Mangaloreans sacrifice prominent institution like Vijaya Bank for the sake of Gujju/North Banks?? Looks like our slogan" Lets us contest election as opponents but work as Mangaloreans" has remained only for lip service and not in action. Already HAL is Behal! and now Vijaya Bank, wake up call for Kannadigas/Mangaloreans.

DisAgree [22] Agree [10] Reply Report Abuse
mahesh, mangalore
Thu, Jan 10 2019
When was vijaya bank belonging to mangalore?
it stopped in 1980 when indira gandhi nationalised it.
Keep up with the facts sir.

DisAgree [6] Agree [27] Reply Report Abuse
David Pais, Mangalore
Thu, Jan 10 2019
vijaya bank was profit yielded bank. chaiwala want 2 merge with loss yielded bank baroda bank. ಬರೋಡ????????? ಬರೊಡ್ಚಿ, ಬರೊಡ್ಚಿ, ಬರೊಡ್ಚಿ....

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Jagdish, Mangalore/Bangalore
Thu, Jan 10 2019
Vijaya Bank belonged to Mangaloreans before 1980. Now its a public sector bank. Also please remember Vijaya Bank head office in Bangalore and not in Mangalore

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Rakesh Shetty, Udupi
Thu, Jan 10 2019
Everyone knows that Mr. Lobo worked against Vijaya Bank Employees association in the matter of renaming road in Mangalore in the name of Sundar Ram Shetty. Why would people believe his drama now.

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David Pais, Mangalore
Thu, Jan 10 2019
better make it baroda bank so that no name of m. sundararam shetty nor dat road name in his bank's name remains. da conspiracy jealously hatched by some fundamentals 2 remove aloysius road name, but da conspiracy didn't work. name of da bank itself is not remained what da founder name would yield?????????? 1 chapter is closed. when da fundoos hatch 1 conspiracy da other way round comes against it.

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Rohan Pinto, Mangalore
Thu, Jan 10 2019
Rakesh
Dont spread baseless comments here in order to achieve your goals which commonly feku bakts do in the social media

DisAgree [10] Agree [6] Reply Report Abuse
Sandesh, udupi
Thu, Jan 10 2019
If shareholders are not worried about the merger then what is your problem

DisAgree [8] Agree [32] Reply Report Abuse
judith, Navi Mumbai
Thu, Jan 10 2019
all depositors are not shareholders

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Avinash C, Mangalore
Thu, Jan 10 2019
Nalin Kumar Katil has met the Fin Min personally yesterday and submitted a request in this regard. If the verdict is positive, Nalin or BJP will reap the benefits and take the credit. So sorry Congis, better luck next time with a new gimmick.

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pks, mlr
Thu, Jan 10 2019
Vijay bank itself not worried .Then what drama these people are playing on the streets ?

DisAgree [5] Agree [33] Reply Report Abuse
Sandesh, Mangalore
Thu, Jan 10 2019
But Vijaya Bank Account holders worried. I am just worried my fixed deposit amount will get my interest or diverted to Prime Minister Travelling.

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DAVID KUMAR R S, BANGALORE
Thu, Jan 10 2019
Modi gave Electricity Power to Adani, a Gujju, Rafael Deal to Ambani, a Gujju and now wants to Merge Vijaya Bank, Dakshina Kannada's Pride with Bank of Baroda, a Gujju Bank which involved in 6000 Crores FOREX scam, ROTOMAC scam. Still BJP leaders are silent on the issue. Nalin Kumar Kateel, Shoba Karandlaje, Sadananda Gowda and other BJP MLA's of the the district, if they have guts, should oppose this merger and stop Modi from this merger or else they should resign immediately.

Here are few things to know about the Bank of Baroda forex scam

1. It was alleged that a whopping Rs 6,172 crore black money was remitted from Bank of Baroda to Hong Kong camouflaged as payments for non-existent imports like cashew, pulses and rice. The amount was allegedly deposited in 59 accounts in cash as advance for imports that never existed. On October 12, 2015, CBI and the Enforcement Directorate started investigating the matter.

2. It is also alleged that the amount was deposited in 59 accounts of the bank’s Ashok Vihar branch (New Delhi) in cash as advance for import and the money was sent to some select companies in Hong Kong.

3. The branch opened 59 current accounts from May 2014 to June 2015 through which large foreign exchange remittances were made, the Bank of Baroda said in a regulatory filing.

4. During this one year, a total of 5,853 outward foreign remittances aggregating USD 546.10 million (around Rs 3,500 crore) were made through 38 current accounts to various overseas parties numbering some 400, mainly based in Hong Kong and one in the UAE.

5. Remittances were sent to Hong Kong and Dubai via banks, actual exports were sent to Afghanistan. “The records show that the alleged exports were sent to Afghanistan but invoices were generated by Hong Kong importers. It is now a matter investigation as to who received them in Afghanistan and what the exports were linked to,” said an ED officer.

6. Much before 59 accounts, which are under the scanner of the ED and the CBI,

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Anonymous, Mangalore
Thu, Jan 10 2019
Vijaya Bank no more remained. A bank of tulunadu.Only 5-10 percent of the staff who hails from here may be working .Entire bank is filled with north Indians.They speak either hindi or English even in rural areas of DK. Naturally people have lost the former service/affection now.Hencr nobody is bothered with merger plans except these oppertunusts. who don't have a account in that bank.

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MOHAN D.KUMAR, MANGALORE
Thu, Jan 10 2019
Last Assembly Election BJP MP Nalin Kumar Shetty and other BJP leaders , was spreading news to Bunts Communities dont vote JR Lobo, because Lobo is against Mulki Sundram Shetty naming ,Alloysius College Road. Thats why JR LOBO lost assembly Election. Hope now Bunts community will understand , who is their real supporters.

DisAgree [15] Agree [44] Reply Report Abuse
Rohan Rai, mlore
Thu, Jan 10 2019
who asked his support ...........................?

DisAgree [25] Agree [22] Reply Report Abuse

SB, Mlore
Thu, Jan 10 2019
HAHAHA.... why is he crying for Vijaya Bank today when he showed his colors already during the HatHill road issue ?. Yes of course, he lost a big chunk of admirers because of this actions.

Dongis are desperately trying to split Bunts Vote. Sorry Guys , Though Luck. Enklena Vote MODI'G. Try your Castecard gimmicks with your Votebank who fall for it. Not with us.

DisAgree [11] Agree [17] Reply Report Abuse
KRPrabhu, Mangalore/Bangalore
Thu, Jan 10 2019
Present protest in favour of bank by duo is only political only.People of Mangalore are not fools to go behind these two Congress leaders .Modi /BJP hatred is the reason for these two to come on streets.

DisAgree [31] Agree [29] Reply Report Abuse
Flavian, Mangaluru/Kuwait
Thu, Jan 10 2019
Most of those who are agitating must be Vijaya Bank employees.
Even Jannanna should have participated.
First of all it's a merger and not going to be taken over by Bank of Baroda.
If things are going to be on the better future goals why not.

DisAgree [15] Agree [14] Reply Report Abuse
joe Gonsalves, Mangalore
Thu, Jan 10 2019
Hope the combined efforts of Mr. J. R. Lobo and Mr. Ivan D'Souza will bear results. Indeed Vijaya Bak is a Bank with a good track record declaring dividends every year. Hope the authorities will understand the situation and give up the strategy of merging Vijaya Bank with loss making Banks

DisAgree [13] Agree [20] Reply Report Abuse
Vijay, Mangalore
Thu, Jan 10 2019
FYI - Vijaya Bank stock price was Rs. 115/- in 2010 , today its at Rs.50/- in 2019.
Agree its paying 1-2% as dividend .No comments on merger.

DisAgree [5] Agree [11] Reply Report Abuse
Mangalurian, Mangaluru
Thu, Jan 10 2019
The Patel statue project has cost the taxpayers a minimum of 7,250 crores. The beneficiaries are Gujjus.

The 150,000 crores Bullet Train project is going to take off soon. The beneficiaries are Gujjus.

The All India Railway University has been recently established in Gujarat. Cost: tens of 1000s of crores. Main beneficiaries Gujjus.

Now the merger of a DK bank with two loss-making Gujju banks - as all the Gujju borrowers may be citizens of Antigua.

The beneficiaries of the bank merger: Gujjus.

What has the Gujju-bhai done for the rest of the Indians?

DisAgree [12] Agree [41] Reply Report Abuse
Haneef, Mangalore
Thu, Jan 10 2019
Feku creat d andh bhakhts across India!
Shetty’s are with bjp so they cannot protest now. Anyway vijaya bank no more .

DisAgree [14] Agree [16] Reply Report Abuse
Bernard, bantwal
Thu, Jan 10 2019
Yes completely agree with you commnets. Modi has worked for Gujjus and done nothing for India rather than giving out jhumlas.

DisAgree [11] Agree [13] Reply Report Abuse

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Comment on this article

Vicharvyakthi, Udupi

NN, NN

ABD, LOS ANGELES

VALERIAN RODRIGUES, UJIRE

Diwakara B., Kota/Kundapura

KS Mayya, Mangalore/Bangalore

mahesh, Mangalore

Langoolacharya, Belman / Washington,DC

JFD, Udupi/Sharjah

David Pais, Mangalore

mahesh, mangalore

VALERIAN RODRIGUES, UJIRE

francis lobo, Mangalore

SB, Mlore

PRAVEEN, MANGALORE

Langoolacharya, Belman / Washington,DC

Deva, Pilar

Monty Dotor, Mangalore

Mangalorean, Mulky/Mangaluru

mahesh, mangalore

David Pais, Mangalore

Jagdish, Mangalore/Bangalore

Rakesh Shetty, Udupi

David Pais, Mangalore

Rohan Pinto, Mangalore

Sandesh, udupi

judith, Navi Mumbai

Avinash C, Mangalore

pks, mlr

Sandesh, Mangalore

DAVID KUMAR R S, BANGALORE

Anonymous, Mangalore

MOHAN D.KUMAR, MANGALORE

Rohan Rai, mlore

SB, Mlore

KRPrabhu, Mangalore/Bangalore

Flavian, Mangaluru/Kuwait

joe Gonsalves, Mangalore

Vijay, Mangalore

Mangalurian, Mangaluru

Haneef, Mangalore

Bernard, bantwal

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Title: Mangaluru: J R Lobo leads Congress party protests against Vijaya Bank merger

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