State Bank of Mysore officially becomes history

April 1, 2017

Bengaluru, Mar 31: March 31 is D-Day, but the boards at the landmark stone edifice at Mysore Bank Circle on Kempe Gowda Road started coming down two days earlier; as if symbolically on Ugadi — the lunar New Year’s Day.

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And on Friday, the State Bank of Mysore will slide into history as the curtains come down on a 104-year-old legacy that had an old Mysore royal patronage to its credit. It will merge its identity into big brother State Bank of India forever.

Is it a big deal that a bank that keeps your money or lends it out is getting a new name?

S.R. Powar superannuated from the bank in February after 37 years of service. The feisty former general secretary of the SBM Employees’ Union could not hold back tears as he recalled that he was part of every fight by sections of employees to stave off the merger that was irreversibly sealed on August 18 last year. “It is the end of an era,” he said as he choked with emotion. “I never imagined that banks can die.”

Karnataka has spawned at least five nationalised banks, four of them from the Udupi-Manipal region and SBM from the old Mysore region. SBM, says Mr. Powar, may be a relatively small bank in terms of geographical spread and financial muscle, yet it is special as an institution that was built lovingly by notable founders. Nalvadi Krishnaraja Wadiyar, the then Maharaja of Mysore, donated a princely sum of ?42 lakh way back in 1913 as seed money for the bank and did not take it back. A renowned personality such as the then Dewan, Sir M. Visveswaraya, was another figure who helped conceive, build it and make it a household name.

SBM had a distinct flavour and a bond with its customers that goes beyond money transactions. Explains Mr. Powar: “People have had an intimate bond with the bank, they call it ‘our bank’ (namma bank or Mysoor bank). If you go to Chikkamagaluru, you can see a token of gratitude to the bank on the walls of virtually every coffee planter’s home. Back in the 1960s, many coffee planters in this belt were hit by serious financial crisis after the crop failed. They had no money. Mysore Bank officials went from home to home and gave them loans. The same is the case with small industries in Peenya. SBM has seen the thick and thin of industrial growth in Karnataka.”

From 1987 onwards, Mr. Powar says he was part of the resistance to merger plans. “It is always an advantage to have a bank with its headquarters in your State. Now these assets will go to Maharashtra. A bigger bank can always grow and globalise without [subsuming] a smaller bank.”

At the end of their day’s work, Giridhara Karkala, Chief General Manager and head of the Ganganagar branch, plans to join many SBM employees in Bengaluru who would be assembling on the head office premises at 5.30 p.m. on Friday. Mr. Karkala, who is due to complete his tenure in SBM in four months, says he is taking the impending change in his stride. Certainly, people who have worked for 20 plus years in the good old days of office camaraderie feel heavy hearted. “When I retire and go home, I will be taking back many happy memories of 37 years. Besides, I have been open to change and transfers.”

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News Network
December 2,2025

Puttur: The long-cherished dream of a government medical college in Puttur has moved a decisive step closer to reality, with the Karnataka State Finance Department granting its official approval for the construction of a new 300-bed hospital.

Puttur MLA Ashok Kumar Rai announced the crucial development to reporters on Monday, confirming that the official communication from the finance department was issued on November 27. This 300-bed facility is intended to be the cornerstone for the establishment of the government medical college, a project announced in the state budget.

Fast-Track Implementation

The MLA outlined an aggressive timeline for the project:

•    A Detailed Project Report (DPR) for the hospital is expected to be ready within 45 days.

•    The tender process for the construction will be completed within two months.

Following the completion of the tender process, Chief Minister Siddaramaiah is scheduled to lay the foundation stone for the project.

"Setting up a medical college in Puttur is a historical decision by the Congress government in Karnataka," Rai stated. The project has an estimated budget allocation of Rs 1,000 crore for the medical college.

Focus on Medical Education Department

The MLA highlighted a key strategic move: requesting the government to implement the hospital construction through the Medical Education Department instead of the Health and Family Welfare Department. This is intended to streamline the entire process of establishing the full medical college, ensuring the facilities—including labs, operation theatres, and other necessary infrastructure—adhere to the strict guidelines set by the Medical Council of India (MCI). The proposed site for the project is in Bannur.

Rai also took the opportunity to address political criticism, stating that the government has fulfilled its promise despite "apprehensions" and "mocking and criticising" from opposition parties who had failed to take similar initiatives when they were in power. "Chief Minister Siddaramaiah has kept his word," he added.

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News Network
December 2,2025

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Bengaluru: 'Nati koli saaru' (country chicken curry) considered one of Chief Minister Siddaramaiah’s favourites along with steaming hot idlis was on the breakfast menu at Deputy CM D K Shivakumar’s residence on Tuesday, according to official sources.

The spread also included 'nati koli' fry, vada and pongal, among other items, they said.

In an apparent show of unity, Siddaramaiah visited Shivakumar’s residence for breakfast, just days after the two leaders shared a meal amid a simmering power tussle in the state Congress.

Siddaramaiah drove to the Deputy CM’s residence in Sadashivanagar, where he was received by Shivakumar and his brother D K Suresh, who is a former Congress MP.

Suresh and Kunigal MLA H D Ranganath, a relative of Shivakumar, joined them for breakfast, which featured a mix of vegetarian and non-vegetarian dishes.

Speaking to reporters later, Siddaramaiah said Shivakumar had invited him during his visit to the CM’s residence for breakfast on Saturday.

Asked about the difference between the two meals, the chief minister said, "At his (Shivakumar’s) house it was non-veg, while at my house it was veg. He is a vegetarian, I am a non-vegetarian. I had not prepared non-veg. I told DK to get chicken from the village as you won’t get the original in Bengaluru."

Shivakumar said he had initially invited Siddaramaiah to his residence, but the CM had suggested visiting his place first and reciprocating later. "It was a vegetarian breakfast at the CM’s house on Saturday," he noted.

"Today, I invited him (the CM) to my house. He enjoyed the breakfast, which had his Mysuru taste," Shivakumar added. At this point, Siddaramaiah remarked that Shivakumar’s wife is also from Mysuru.

Saturday’s breakfast at Siddaramaiah’s official residence, held as part of efforts by the Congress high command to ease tensions in the leadership dispute between the two, reportedly included idlis and sambar, according to official sources.

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coastaldigest.com news network
December 2,2025

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Udupi, Dec 2: A wave of regional pride is sweeping through Udupi district as Shagun S Verma Hegde, a talented Class 9 student from Christ King English Medium High School, Karkala, has been named the captain of the Indian National Team for the Under-15 Girls’ Volleyball Championship.

Shagun holds the unique distinction of being the sole player from Karnataka selected to represent the country in the prestigious international tournament. The championship, organized by the School Games Federation, is scheduled to take place in Shangluo, China, from December 3 to 13, where Shagun will lead the national squad.

A Remarkable Journey to the Top

Shagun’s selection is a testament to her dedication and exceptional skill on the court. Her journey included several rigorous rounds of selection:

•    She was the only player from Udupi district to qualify for the state-level selection camp.

•    Out of eight players from Karnataka who advanced to the national selection camp in Pune, Maharashtra, Shagun was the only one to secure a place in the final national squad.

•    The national camp saw participation from approximately 200 players, which was shortlisted to 23. Shagun not only made the final cut but was also ranked as the second-best player overall, solidifying her leadership role.

Shagun, who is the daughter of Sandesh Verma and Shruthiraj of Kallotte, Karkala, has trained under experienced coaches Santosh D’Souza, Jeevan D’Silva, Jairaj Poojary, and Ramesh. Her selection as the team captain has brought profound honour to her family, school, the Udupi district, and the entire state of Karnataka.

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