MP urges Modi to protect legacy, identity of Andhra Bank
By Thehindu 01-Sep-2019
The seeds for the bank had been sown in Machilipatnam by Bhogaraju Pattabhiramaiah a century ago with an initial paid-up capital of 1 lakh and authorised capital of 10 lakh, he said in the letter. “With the strenuous efforts of the staff of Andhra Bank, the successive governments of Andhra Pradesh, and Telugu people, the operations of the bank have grown by leaps and bounds. Now, its business turnover stands at more than 4 lakh crore,” the MP said. While lauding the initiative of the Union Finance Minister to merge the nationalised banks, the MP urged the Prime Minister to continue the identity and legacy of Andhra Bank.
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“The bank’s symbol has two colours – red and blue. They indicate dynamism and solidarity. The pride and prestige of the Telugu people are attached with the Andhra Bank. Merging it with the UBI will hurt the sentiments of the people. Secondly, the bank is recognised the world over as a Telugu Bank,” the MP said.
क्या संतोष गंगवार के बयान का असर महाराष्ट्र चुनाव में होगा ?
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