The Travancore National and Quilon Bank debacle

The crash of the Travancore National and Quilon bank and the involvement of Sir CP in the affair is known to many old-timers. Those who had thrown their lot with the Matthen’s and Mammen’s side of the story laid the blame squarely on Sir CP, opining that it was his vendetta against the Christian lobby. CP’s supporters, on the other hand, blamed Matthen, the Christian lobby, and the bank’s erroneous ways. Left leaners made it clear that it was all to do with TNQB’s support for the up-and-coming State congress and the demands for responsible government, plus the implementation of democratic reforms in Travancore. A veritable mess indeed!

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