Home >Politics >Policy >Pinarayi Vijayan writes to Modi against transfer of SBT official, merger
According to the chief minister’s office, Pinarayi Vijayan sought withdrawal of the transfer order and the SBT-SBI merger decision. Photo: Ramesh Pathania/Mint
According to the chief minister’s office, Pinarayi Vijayan sought withdrawal of the transfer order and the SBT-SBI merger decision. Photo: Ramesh Pathania/Mint

Pinarayi Vijayan writes to Modi against transfer of SBT official, merger

State Bank of Travancore official S. Adikesavan was transferred to Hyderabad for allegedly speaking against the proposed merger of SBT with SBI

Thiruvananthapuram: With a controversy brewing over the transfer of a senior official of State Bank of Travancore (SBT) for allegedly opposing the bank’s merger with State Bank of India (SBI), Kerala chief minister Pinarayi Vijayan on Wednesday wrote to Prime Minister Narendra Modi against the shifting and the merger move.

SBT chief general manager S. Adikesavan was transferred to Hyderabad for allegedly speaking against the proposed merger of Kerala-based SBT with SBI.

In the letter, Vijayan sought withdrawal of the transfer order and the merger decision, the chief minister’s office said.

Veteran Communist Party of India (Marxist), or CPM, leader V.S. Achutanandan and leader of opposition in the state assembly Ramesh Chennithala were among those who voiced their views against the transfer of the official, who had stood against the merger proposal.

However, SBT managing director C.R. Sasi Kumar said the transfer was part of a “routine" exercise. The official has been transferred to SBI’s inspection and management wing at Hyderabad, he said.

The SBT employees union has also come out against the transfer of Adikesavan. Political parties including the ruling CPM have opposed the merger of SBT with SBI.

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