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CM will resume work today, thanks people for condolences

[email protected] (DHNS)
August 3, 2016

Bengaluru, Aug 3: Chief Minister Siddaramaiah will be back to work on Wednesday, two days after his elder son Rakesh was laid to rest. He will chair a meeting of BBMP?officials to assess the damage caused by heavy rains in Bengaluru last week. The meeting will be held at his home office Krishna.'

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In a media statement, the chief minister said he was finding it difficult to cope with the loss of his son and added that no parent should ever face the tragedy of losing a child. He also stated it would take a long time for him and his family to overcome the grief.

The chief minister said that he would never forget the love and concern showed by the people of the state, irrespective of caste, religion or social status, to Rakesh when he was undergoing treatment at Antwerp University Hospital in Brussels, Belgium. Rakesh succumbed to multi-organ failure on?Saturday.

Siddaramaiah recalled that when Rakesh was being treated at the hospital, a Kannadiga family living in Brussels had volunteered help, including providing home-cooked food. He said he would be grateful to Vijendra, a Bengalurean working in Brussels, and his wife.

Siddaramaiah also stated that he would forever remain indebted to the thousands who had gathered at the Exhibition Grounds in Mysuru to pay homage to Rakesh. Rakesh's body was kept at the grounds for public viewing. He also thanked a range of politicians who, cutting across party lines, shared his grief.

BBMP Commissioner N Manjunath Prasad recalled that when he laid the wreath on the body and stood at a corner on Monday, Siddaramaiah called him and enquired about the flood situation. “Just 15 minutes before Rakesh was laid to rest, Siddaramaiah asked me about the steps taken to deal with the flood. I told him about the need for long-term measures.”

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kalandar
 - 
Wednesday, 3 Aug 2016

Siddu sir you are always great

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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coastaldigest.com news network
May 12,2020

Manama: Kannada Sangha Bahrain President Mr. Pradeep Shetty and Vice President of Bahrain's prestigious KHK HEROES Foundation Mohammed Mansoor on Monday, May 11, met The Second Secretary (Consular & CW) of the Embassy of India, Bahrain Mr. P. K. Chowdhury in the Indian Embassy. 

The situation, problems and relief of Indians and Kannadigas residing in Bahrain during the COVID 19 Pandemic was discussed in detail. The distribution of food (dry ration) kits, as well as those seeking repatriation, was also discussed in the meeting.

When asked about the repatriation of distressed Kannadigas, the Second Secretary said that though the number of Kannadigas who wish to return home is not much compared to the rest of the states, still Embassy is compiling all the information and will do the needful soon. 

Mr. Shetty and Mr. Mansoor told the Second Secretary that those who are in problem can contact them and they are ready to do their best.

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News Network
March 7,2020

Bengaluru, Mar 7: Karnataka on Friday announced that there are no positive cases of the novel coronavirus, COVID-19 in the state till date.

"To date, 717 persons have been identified for observation, of them, 236 persons have completed 28 days of observation and 469 persons are continuing under home quarantine. 8 persons are admitted to selected isolation hospitals, " the state government said in a release today.

"Around 343 samples of symptomatic persons are sent for testing and 296 samples are reported as negative. No positive cases of Coronavirus in the state to date," it said.

Karnataka Chief Minister BS Yediyurappa earlier in the week assured people in state about the preparedness to tackle coronavirus.

He said, "We have issued instructions to all hospitals. We have made all the arrangements. People in Karnataka should not worry."

Union Health Minister Harsh Vardhan earlier today held a review meeting with states over preparedness for coronavirus. State governments have been asked to keep the testing and quarantine facilities, isolation wards and labs in active readiness.

The country's total number of positive cases of coronavirus touched 31 today. COVID-19 has so far killed more than 3200 people globally.

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