After one-and-a-half decade of rivalry and public sparring, the Catholic church in Kerala has said it is giving up efforts to wrest the control of the Catholic Syrian Bank which has many of its community members as shareholders.
It however vowed to resist any move to shift the headquarters out of Thrissur or renaming the lender.
"Neither the Archdiocese of Thrissur, nor the CSB Protection Committee nor the Catholic community have any enmity towards the bank now. The bank is running well under the stewardship of VP Iswardas (Managing Director and Chief executive) today," Archdiocese of Thrissur auxiliary bishop Mar Raphael Thattill told PTI......
Also See Another Article on the Same Subject in Indian Express.
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