A. B. Shetty
Attavar Balakrishna Shetty | |
|---|---|
| Born | 1883 |
| Died | 1960 |
| Occupation(s) | Entrepreneur, philanthropist, politician |
| Known for | Founder of Vijaya Bank |
| Spouse | Kalyani Shetty |
| Children | 4 |
Attavar Balakrishna Shetty (1883–1960), commonly referred to as A. B. Shetty, was a distinguished Indian entrepreneur, philanthropist, politician, and the initiator of Vijaya Bank.
Biography
Hailing from a Tulu-speaking family of landlords, Shetty received his foundational education in Mangalore. To enhance the understanding of global events within the South Canara region, he introduced the Kannada weekly magazine "Navayuga," which sustained its influence for more than four decades. Additionally, he was instrumental in establishing the Canara Printing Press located in Mangalore.
In 1931, at Bunts Hostel in Mangalore, Shetty founded Vijaya Bank, which expanded considerably over time, generating employment opportunities for thousands and catering to millions across India. Presently, Vijaya Bank stands as a key nationalised banking institution in the country.
Shetty's forward-thinking vision was in harmony with groups such as the Theosophical Society, Brahmo Samaj, and Arya Samaj, all dedicated to social reform. His political career included serving as a Minister in both the Madras Presidency and later the Madras State, managing departments like agriculture, veterinary services, medical and public health, cooperation, housing, and ex-servicemen affairs between 1949 and 1956. He stepped down following the implementation of the States Reorganisation Act of 1956.
He was married to Kalyani Shetty and had four children—two sons and two daughters. Shetty died in 1960 at the age of 77. His legacy is honored through the A.B. Shetty Memorial Institute of Dental Sciences situated in Deralakatte, Mangalore.