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In Letter to PM Modi, Mamata Banerjee Protests against Bank Merger

West Bengal Chief Minister Mamata Banerjee wrote to Prime Minister Narendra Modi on Friday protesting against the Centre's unilateral decision to merge two public sector banks headquartered in the city without consulting the state government.
Expressing concern, she said the merger and the threat of shifting of the banks' headquarters will affect the developmental momentum of the state.
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Banerjee in her letter urged Modi not to go for the bank merger, which was announced on August 30.
"I'm deeply concerned to learn that two public sector banks headquartered in Kolkata are being merged with banks headquartered in Delhi and Chennai respectively without any consultation with the state government or with the management of these two banks," Banerjee said in her letter to Modi.

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