Mangaluru: UPA government started merging process - Vijaya Bank retired officers

Tue, Apr 09 2019 03:22:45 PM

Pics: Spoorthi Ullal

Daijiworld Media Network - Mangaluru (ANK)

Mangaluru, Apr 9: Vijaya Bank retired officers on Tuesday, April 9 alleged that UPA government had started the merging process of the bank.

Addressing media here, Vijaya Bank retired officer Balappa Shetty said, "The process of bank merger was started by the UPA government. Today for the sake of votes they are delivering statements in favour of Vijaya Bank. The process of bank mergers started when UPA government was in power. Vijaya Bank was one of the banks among them listed.

“Veerappa Moily and Oscar Fernandes were ministers at the centre. They did not utter even a single word over the proposal of bank mergers. They had a chance to stop it. But after bank merging process began, MP Nalin Kumar Kateel is being blamed for this.

“The day Vijaya Bank was nationalised, it was snatched away from the coastal region. None of the leaders spoke against it. Now just they are delivering politically backed statements for their own benefit.

“During the road renaming issue, J R Lobo and Ivan D’Souza had pressurised the state government and brought a stay on it. These Congress leaders who did not utter a single word when Mulky Sundaram Shetty was insulted, do not have the moral right to speak about Vijaya Bank merger. alappa Shetty.

“Mithun Rai has said that if he comes to power, the merger will be withdrawn and Vijaya Bank will be restarted again. This impossible,” he added.

Vijaya Bank retired officers Jayanth Shetty, Somanath Shetty, Mohan Shetty and Ramakrishna Shetty were present.

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Comment on this article

Anonymous, Mangalore
Wed, Apr 10 2019
ಯೆಂಚಿನ ಬಾಲಪ್ಪೆ ರೆ.. ...ಟೈಂ ಪಾಸ್ ಮಲ್ತೊಂದು ಉಲ್ಲಾರಾ..

DisAgree [1] Agree [6] Reply Report Abuse
Jd, Mañgalore
Wed, Apr 10 2019
All mr. Shetty on dais, why we didn't see you on road protesting for VB? Don't spin lies at behest of any, mr advani set the trend decades ago and he is paying for it, let us not have too many examples to quote.

DisAgree Agree [6] Reply Report Abuse
prem, moodbidri
Wed, Apr 10 2019
Ok Gentlemen.. we will believe you for 5 minutes, but just let us know, knowing UPA government started merging process of Vijaya Bank, why didn't you people asked our MP, who was in opposition then, to take lead and oppose this move?
How you woke up now???

DisAgree Agree [5] Reply Report Abuse
JL, Mangaluru
Wed, Apr 10 2019
Dear Mr Balappa Shetty.. Thanks for. revealing the truth. Just interested to know 1 more thing from you. What made you to come out of the closet all of a sudden after 5-6 years after the retirement and conducta press conference. I thinh Mota bhai and chota bahi (NKK) came in your dreams last night promising loads of bounties...

DisAgree Agree [6] Reply Report Abuse

Deepak r, Mangaluru
Tue, Apr 09 2019
I am sure Nalin has paid to these old folks Shetty's and called for a press report. He is much much worried about his winning. He is well aware that he is going to lose this election so trying to find reason. Anyway Mangalore people are smart enough this time. They don't want a uneducated bus conductor anymore.

DisAgree Agree [6] Reply Report Abuse
Honnappa, Byadagi
Tue, Apr 09 2019
If chowkidar PM claims credit for bridges in Assam completed during his tenure but started by Congress , then why he is blaming UPA now for merger of profitable Vijaya Bank with loss making Bank of Baroda. Only appreciation required not brickbats for bad decision. How can it be ?

DisAgree [6] Agree [23] Reply Report Abuse
Derick Dsouza, M'lore/Dubai
Tue, Apr 09 2019
So what about mangalore airport-also blaming UPA government ???

DisAgree [10] Agree [35] Reply Report Abuse
Jossey Saldanha, Mumbai
Tue, Apr 09 2019
Why did they keep quite while in Service.
Bringing this matter after retirement shows that they are all Toothless Tigers ...

DisAgree [15] Agree [57] Reply Report Abuse
James, Belman
Tue, Apr 09 2019
Any fool can understand that this press conference was organized by Nalin Kateel to cover his inability to stop the merger.

DisAgree [17] Agree [61] Reply Report Abuse
Alfria, Mumbai/Mangalore
Tue, Apr 09 2019
Ballapa Shetty: next Panchayat election you are going to get a ticket from BJP.

DisAgree [10] Agree [51] Reply Report Abuse
SB, Mlore
Tue, Apr 09 2019
Congress,s crocodile tears was only to consolidate Bunt votes. But it's not working .

DisAgree [50] Agree [21] Reply Report Abuse
Goppi Monishieu K., Mlore
Tue, Apr 09 2019
Last week one of the ex-director Viviay bank said that Merger was the plan of a 'DICTATOR' to merge with Baroda Bank from Gujarat. Whey these people did not counter him last week ????????????.

Are these are all petty crooks ???. Where were they till today ?
Why they did not come up then when they knew that Osacar and Moily were part of it ( I doubt)
Today's meida attempt is to save some votes for N. Kateel .
This is game much dirtier than merger of Vijaya Bank it self.

DisAgree [17] Agree [57] Reply Report Abuse
flavian dsouza, chik/bengaluru
Tue, Apr 09 2019
Some officials who have no clue what merger is suddenylt after 5 years if BJP rule realized that it was UPA which started . It would not have merged with BOB for sure !!!

DisAgree [12] Agree [36] Reply Report Abuse
Dodanna, Mangalore
Tue, Apr 09 2019
Shame on these retired Vijaya Bank employee's. South Kanarian's easily undrstand the logic behind such statement and comments. If the UPA was the cause then how it was executed during this rss sewaks rule that also dumped to rss god fathers Bank. Then why our Barister MP was not even shown his guts to protest.
Is there any words from theses ex Vijay Bank employees.
Seems Hq feeder well for thesending baseless statements.

DisAgree [25] Agree [51] Reply Report Abuse

Rathan, Mangalore
Tue, Apr 09 2019
Dodda a
Who nationluzed Bank in first place?

DisAgree [11] Agree [17] Reply Report Abuse
Presilla Pinto, Mangalore/Mumbai
Tue, Apr 09 2019
Its Mithun all the way. Vijaya Bank merger issue will ensure Mithun da victory in his constituency. Wait and watch! Only Mithun can bring back the lost glory of Mangaluru.

DisAgree [43] Agree [59] Reply Report Abuse
Vishu, Moodbidri
Tue, Apr 09 2019
Day Dreams

DisAgree [32] Agree [24] Reply Report Abuse
Kamalakshi Amin, Mangalore
Tue, Apr 09 2019
Scruffled curly hair, shirt not tucked in, with sleeves rolled upto to biceps, buttons wide open showing a hairy chest. A string of threads on right hand. Tulu the official langauge. No way Madame! Its over before its started. 'Pettists' do not not make MPs.

DisAgree [20] Agree [29] Reply Report Abuse
Ahmed K.C., Mangalore
Tue, Apr 09 2019
In my opinion, merger is fine. But, why keep "Bank of Baroda" ???
Keep the name "Vijaya Bank"

DisAgree [5] Agree [51] Reply Report Abuse
Valerian DSouza, Udupi/Mumbai
Tue, Apr 09 2019
If these retired officers were worried of Vijaya Bank merger, if merger was started by UPA then,
WHY THEY WOKE UP FROM SLUMBER NOW? Why they didn't oppose and let the people know then?
Why didn't they opposed the merger, till Congress and JDU leaders opposed in our region? They have no power? THEY ARE THOROUGHLY EXPOSED.
Why are they SILENT ON AIRPORT GIVEN TO BANK DEFAULTER, MODI' s friend ADANI? WHY NOT UAE Industrialist, BR Shetty? After some years, they will say UPA govt gave Mangalore Airport to Adani 😀

DisAgree [18] Agree [45] Reply Report Abuse
Vishu, Moodbidri
Tue, Apr 09 2019
OMG! Atleast this issue would fetched 10-20 votes..now that too lost. Sorry Mr.Rai, couldn't help you

DisAgree [35] Agree [22] Reply Report Abuse
Alfria, Mumbai/Mangalore
Tue, Apr 09 2019
What ever events of development ribbons were cut by modi all those were also started by UPA, than why is the BJP government taking credit for it

DisAgree [7] Agree [24] Reply Report Abuse
nihal, udupi
Tue, Apr 09 2019
so sad that readers cant accept the fact. i also see that a few who cannot accept that it was started by UPA, are blaming Mr Modi for getting bullet trains and rest of the infrastructure developments. i feel that our people are not ready for a developed country. if someone does good please appreciate it.

DisAgree [29] Agree [30] Reply Report Abuse
Nawaz, Udupi/ Kuwait
Tue, Apr 09 2019
Good should combine with good intention. Your boss is always biased and partial and works with election and Gujarat centric developments.

DisAgree [20] Agree [24] Reply Report Abuse

Nawaz, Udupi/ Kuwait
Tue, Apr 09 2019
I firmly believe that under each of his development initiative, there was hidden interests of super rich businessmen. Otherwise who will sell acres of land/ farmlands in negligible peanut amount. There was not even lookayukta in that state.
Further, Gujarat was already a developed state since old time. This provided him good opportunity to further his interests.

DisAgree [14] Agree [19] Reply Report Abuse
Nihal, Udupi
Tue, Apr 09 2019
Boss! For your kind information, I work for a reputed industry in Udupi and I had an opportunity to visit Gujarat. Though we had plans of expanding the same business here in Udupi we could not because Gujarat could supply uninterrupted power supply but here in Udupi though we have UPCL there are frequent power cuts. And what came as a shock for me was that, there wer no generators in the factory which could produce up to 12000 metric tons of yarn per year! Please accept this!

DisAgree [5] Agree [5] Reply Report Abuse
ca girishkk, m'lore/dxb
Tue, Apr 09 2019
Just out from Rat hole..., after first rain of the season... yesterday...!!!! vote ke liye ... kuch bhi....!!!! after all jokers can't be different....!!!!

DOMM.... BARA... BARA..., DOMM... BARA... BARA....!!!

DisAgree [9] Agree [41] Reply Report Abuse
Lionel Dsouza, Mangalore
Tue, Apr 09 2019
SO YOU MEAN TO SAY NDA IS SO POWERLESS THAT THEY CAN NOT CHANGE THE DECISION OF UPA??? UPA STARTED BUT NEVER DID.....NDA DID....
WE ARE FOOLED ENALF BY MODI FROM PAST 5 YEARS .

DisAgree [23] Agree [43] Reply Report Abuse
DYLAN, Mangalore
Tue, Apr 09 2019
Vijaya Bank retired officer Balappa Shetty we all know in India how good all the public sector banks are. We all know that everything from building of roads, bridges, tunnel and good things were started by the UPA. Why does not anyone come out and say that all infrastructure was started by the UPA?

DisAgree [13] Agree [35] Reply Report Abuse
JK, Udupi/Dubai
Tue, Apr 09 2019
AANDATHA MALTHERATHA ULTA!!!
VIJAY BANK MERGER EVERYONE PUT THE BLAME ON NDA. NOW ITS OWN RTRD OFFICE PUT THE BLAME ON UPA.
F-16 SHOTDOWN - US MADE U TURN AND FINALLY IAF PROVED WITH ELECTRONIC SIGNATURE.
SAME WAY RAFAEL ALSO TAKE THE SAME ROUTE.
AND FINALLY THUMPING VICTORY FOR MODI WITHOUT ANY UNNECESSARY HURDLES!

DisAgree [29] Agree [13] Reply Report Abuse
The Alpha, Bangalore
Tue, Apr 09 2019
It is may be true congress initiated the merger. What Modi did was the called the merger as BOB instead of Vijay Bank.
For all the blind bhakts:
1. Why bullet train to Gujarath?
2. Why statue in Gujarath? (though it is terrible idea)
3. Why change to bank of baroda?
4. Why only support Gujju business men like Adani and Ambani?
.....

This shows his double standards towards other states. Yet BJP slaves want people to vote for Modi who has done nothing for other states.
What investments or new projects have been done in DK by our MP? Even he coundn't complete the pumpwell flyover in last 10 years?

Congress is fooling minorities for votes and BJP is fooling Hindus for votes.

DisAgree [16] Agree [49] Reply Report Abuse
Vinay Serrao, Moodabidri/Dubai
Tue, Apr 09 2019
Shetty's came to know that this time Nalin is going to lose. So, this is the last attempt to get some extra votes.

DisAgree [29] Agree [73] Reply Report Abuse
Gangaram, Moodbidri
Tue, Apr 09 2019
Alappa shetre, even it was started from UPA govt, why you use Oscar and Moily names here??? who was the MP of DK then???

Whos job was that to stop??? sure not the MP's from other place but from Mangalore itself...

We had BJP MP's from our area .... dont mislead the general public

I think this Nalin did not know what i called merger of banks!!

DisAgree [17] Agree [61] Reply Report Abuse
RonRon, Udupi
Tue, Apr 09 2019
These stunts wont save BJP in DK..........................

DisAgree [18] Agree [54] Reply Report Abuse

Adrian, Bendur / Dubai
Tue, Apr 09 2019
I hope the retired bank officers know what they are clarifying about? If Bank of Baroda and Dena Bank had issues of high NPA's, not profitable etc a profitable bank like Vijaya Bank should have taken over these banks/merged. However Vijaya banks name should have been retained. However in this case a profitable bank which has run business well following policy and procedures, reporting profits has been penalized and have now become history

DisAgree [8] Agree [34] Reply Report Abuse
Basil D'souza, mangaluru
Tue, Apr 09 2019
Very Bad ... these retired employees just got up before election and after the merger ... Paid BJP political gimmick...

DisAgree [22] Agree [66] Reply Report Abuse
gm, Mlur
Tue, Apr 09 2019
If you ask any proof, bhakth will say you don't believe our vijaya bank employees and you need proof. Let them give proof and make it clear.

DisAgree [7] Agree [41] Reply Report Abuse
ca girishkk, m'lore/dxb
Tue, Apr 09 2019
Now it is loud & clear..., NDA did nothing..., in other words IMPOTENT people....!!!!
shame on NDA..., above all the BJP holding Mangalore MP seat since 1991.. proved to be waste....!!!!
DOMBARATA specialist.., jokers....,

Let me have my tea + pakoda...!!!!

DisAgree [15] Agree [46] Reply Report Abuse
francis lobo, Mangalore
Tue, Apr 09 2019
I agree with the bank officers. But why make it Bank of Baroda and merge other banks. If Vijaya Bank was profitable then it could have been named as Vijaya Bank and other two banks would have come under it

DisAgree [8] Agree [38] Reply Report Abuse
ramesh, mangalore
Tue, Apr 09 2019
Mr. Balappa Shetty y dint you oppose when UPA started the merging.. how come now during election time u have come for a press meet interesting...

DisAgree [12] Agree [62] Reply Report Abuse
Indian, Bangalore
Tue, Apr 09 2019
Even if the merging took place, Nalin should should have made efforts to retain the name of Vijaya Bank and not the loss making gujju name. Instead of blaming UPA, Nalin should have shown he has a spine.

DisAgree [12] Agree [40] Reply Report Abuse
Satya, Mangalore
Tue, Apr 09 2019
This is far from the truth. The merger idea was first conceived in 2017 and not during the UPA time. These people before spreading falsehood should study facts. Vijaya bank had floated a proposal with the government for wanting to merge with Dena Bank and Bank of Baroda had floated a proposal for wanting a merger with Vijaya Bank. The government studied both the proposals and came up with the idea of merging all three banks and this happened in 2017. UPA had no hand whatsoever in this merger. It was the idea conceived and implemented by the current Modi government. Please do not spread falsehood.

DisAgree [13] Agree [41] Reply Report Abuse
Af,,, Mangalore
Tue, Apr 09 2019
what a comedy , The seriuos decision like triple talaq and shabarimala issue court and Modi govt took a decision with 2 days or over nite , now this a bank merger took 5 years,
Modi govt can cancel all the good schemes of UPA govt when they came to power which are approved in parliament ,and this bank merger they not able cancel ,wa bhai wa what a reason.
Dear senior bank retired respected people we all know who you have met before coming to a press meet,

DisAgree [9] Agree [33] Reply Report Abuse
Nawaz, Udupi/ Kuwait
Tue, Apr 09 2019
They are right it seems. Both ruling UPA then and Opposition BJp never protested against the merger proceedings of Vijaya Bank.
But the point to be noted is that merger that is taking place now under BJp is with both the banks- Gujarat based Bank of Baroda and Maharashtra based Dena Bank; are in huge losses; whereas Vijaya Bank is delivering Profits.

DisAgree [5] Agree [28] Reply Report Abuse

naveen, Surathkal
Tue, Apr 09 2019
Respected Shetty s of Vijaya bank
As per your press conference UPA proposed for merging , when Present. Prime minister can scrap most of the proposal of UPA (Rafale) he could have scraped this also , why he has not done
please don t blame for previous government when there was a opportunity for this government to do so
you could have come front earlier and should have done this press conference not in election week

DisAgree [16] Agree [79] Reply Report Abuse
Nawaz, Udupi/ Kuwait
Tue, Apr 09 2019
You have summarized everything about who is who.

DisAgree [3] Agree [13] Reply Report Abuse
Shivdas Hegde, Mangalore
Tue, Apr 09 2019
This is an open secret, I know this as a retired employee of Vijaya Bank. Cong is playing vote bank politics. Even if Mithun Chakraborty comes he cannot stop the merger.

DisAgree [50] Agree [34] Reply Report Abuse
gm, mlur
Tue, Apr 09 2019
Did this take 5 years to merge? Why nalin or these above said employees tried to stop?

DisAgree [17] Agree [55] Reply Report Abuse
Shivdas Hegde, Mangalore
Tue, Apr 09 2019
gm mlur. . Yes,. You may be aware how it works. The process, procedures, facts and feasible study is a very lengthy process with so many branches of both the banks located nationwide. There are lots of Financial & legal implications that needs to be done and studied. But nobody said a word then. The proposal even came in prominent news papers. Trust it clarifies.

DisAgree [16] Agree [9] Reply Report Abuse
gm, mlur
Tue, Apr 09 2019
Dear sir,
If yes, why didn't Nalin and the above said employees objected in those 5 years? Why they are talking now? There was enough time to stop the merger or retain the name.

DisAgree [7] Agree [24] Report Abuse
ramesh, mangalore
Tue, Apr 09 2019
Y did u keep quite when congress started merging as per ur statement..

DisAgree [6] Agree [32] Reply Report Abuse
Reevan, Mangalore
Tue, Apr 09 2019
These were in deep sleep. Today they woke up.

DisAgree [6] Agree [13] Reply Report Abuse
MeinBhiFenku, Mangalore
Tue, Apr 09 2019
Little Correction Bro , not Ravana , that is Kumbakarna always sleep!!!! Ravana's brother!!!!!! Hehehehe!!!!!

DisAgree [4] Agree [3] Report Abuse

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Anonymous, Mangalore

Jd, Mañgalore

prem, moodbidri

JL, Mangaluru

Deepak r, Mangaluru

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Dodanna, Mangalore

Rathan, Mangalore

Presilla Pinto, Mangalore/Mumbai

Vishu, Moodbidri

Kamalakshi Amin, Mangalore

Ahmed K.C., Mangalore

Valerian DSouza, Udupi/Mumbai

Vishu, Moodbidri

Alfria, Mumbai/Mangalore

nihal, udupi

Nawaz, Udupi/ Kuwait

Nawaz, Udupi/ Kuwait

Nihal, Udupi

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Lionel Dsouza, Mangalore

DYLAN, Mangalore

JK, Udupi/Dubai

The Alpha, Bangalore

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RonRon, Udupi

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Title: Mangaluru: UPA government started merging process - Vijaya Bank retired officers

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