Udupi: Syndicate Bank's Former Chairman P S V Mallya (76) No More


Udupi: Syndicate Bank's Former Chairman P S V Mallya (76) No More

Daijiworld Media Network - Udupi / Manipal (MB)

Udupi, Oct 11: Former chairman and managing director of Syndicate Bank Perdur Subraya Vaman Mallya (76), most familiar to all with his initials PSV, passed away at home in Manipal on Tuesday.

It was only less than a month ago that he had lost his wife. He is survived by son Shrikant and daughters Geeta Kamath and Lata Nagarkar.

Born in 1932 as the second son of Perdur Vaman Sheshagiri Mallya, he graduated in Commerce and Law and joined Syndicate Bank - then The Canara Industrial and Banking Syndicate Ltd - in 1958 as officer. By way of sheer hard work and dedication, he rose to be chairman and MD of the bank in 1986 to serve for further five years.

During in tenure in the Karkala branch of the bank, it was ranked the best branch for five years running. Around the same time, he was instrumental in the founding of Shri Bhuvanendra College in Karnataka with the late Dr T M A Pai in the lead. He also had the credit of founding the Rotary Club in Karkala.

Later on he had served in Ahmedabad, Baroda (now Vadodara), Delhi etc. and played a key role in expanding the bank's branch network in the northern parts of the country.

Over the past five years, he was serving as president of the Shirali Shri Mahaganapati Mahammai temple's administration committee and was responsible for a large number of development works there.

Just less than a month ago:

  

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Comment on this article

  • S c khurana, Hapur uttar pradesh

    Fri, Jun 30 2017

    Mr Malya was residing in Rajendra Park New Delhi when he became a family f was god father who gave me reind of my brother in law Mr Sohan Lal Ahuja, an automobile businessman. It was 1970, when he appointed me as a clerk at my native place. He was a great performer and motivator. He gave greater heights to syndicate bank in North India, mr DT PAI as his 2nd in command and mrs Vatsalya Pant as development angle.

    I was very much inspired. Later I was promoted to officer cadre and worked as manager in various branches. Finally I took VRS in 1998 and diversified to education line.

    He was my god father who gave ne a career and way if life. Today I am very successful but miss him a lot. I need a photo of him . I cherish his sweet memories. He is not with us now but always remain in heart . May God bless his family. Prequest mail a photo please. Best regards.

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  • Marian D'Souza, Mangalore - Falnir

    Thu, Oct 11 2007

    Sad to read the untimely passing away of Sri P.S.V.Mallya former Chairman and Managing Director of Syndicate Bank. As a tribute to him on his demise it would be pertinent to recollect here that it was under his dynamic stewardship that SyndicateBank grew to become the third top bank in the Capital after PNB & SBI and continues to maintain that position. His contribution to the Bank and its employees will always be remembered for many more years to come. May his departed soul Rest In Peace.

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