Mangaluru: Walkathon promotes digital banking

coastaldigest.com news network
December 9, 2017

Mangaluru, Dec 9: Karnataka Bank on Saturday organized a walkathon in the city to create awareness about banking among the general public and popularise its financial inclusion initiative. The walkathon, aimed to popularise digital banking and other banking products, coincided with the bank's ongoing CASA Campaign from November 15, 2017 to February 28, 2018.

“Though the country has completed more than 7 decades of independence, forty percent of population is still not covered under formal banking system. This march is conducted to promote Honourable Prime Minister’s mission to provide banking facility to all the citizens of the country especially un-banked population in remote villages and rural areas and thus realise financial inclusion in its true sense,” stated a release issued by the bank.

Karnataka Bank chairman P Jayarama Bhat flagged-off the march at the bank’s old head office building at Kodialbail in the city. Managing Director and CEO Mahabaleshwara M S and other executives of the bank led the walkathon which culminated at its head office premises at Mahaveera Circle, Pumpwell.

Speaking on the occasion Mahabaleshwara M.S, MD & CEO, said “The major objectives of today’s road show are to promote financial literacy, popularise customer friendly products of the Bank, convey the importance of savings habit and create awareness about the safety measures to be adopted in digital banking, etc. The road show assumes significance in the context of demonetization and digitalization drive launched by Govt. of India.”

“Bank is fast moving into the next generation of banking, offering the best products in line with latest developments happening in the digital technology space to on-board the unbanked sections of the society.  We are sure that this initiative will help in increasing the financial awareness among public and contribute towards strengthening the economy of the country. The initiative will be replicated in other major cities of the country in the months to follow,” he said.

Jayarama Bhat said “Major share of the branches of the Bank are located in villages and rural areas. The Bank has always treated it as its responsibility to offer banking services to rural population. Bank today enjoys the trust of its customers due to the consistent support that it has extended to them over the years. We hope to strengthen this bond with various customer centric initiatives. We believe that this march is a “Walk towards our Customers”. I wish all the best to this initiative.”

P. R. Karanth, General Secretary, All India Karnataka Bank Employees’ Association (AIKBEA), top executives of the Bank and around 700 staff members of the Bank working in different offices of the Bank at Mangaluru took part in the road rally by holding placards carrying messages promoting awareness about various aspects of general banking from the Regional Office of Mangaluru at Kodialbail to the Head Office of Bank at Pumpwell covering major points of the city viz, Hampankatta, Balmatta and Kankanady.

Comments

Arif
 - 
Sunday, 10 Dec 2017

India once had best GDP without banks and digital money. It is time to go back to Gold and Silver as money and get rid of banks and bankers who eats the wealth of the people for every transactions they do. Charging of interest on money is a sin and it is un-natural.

Hari
 - 
Saturday, 9 Dec 2017

Karnataka bank people getting more salary by sitting. Once in a month they should walk. it good for their health

Kumar
 - 
Saturday, 9 Dec 2017

Why they want digital banking?  If they do without charge then its ok.

Ganesh
 - 
Saturday, 9 Dec 2017

These bank people wants money by doing online transactions. All banks charging for each and every transaction

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News Network
June 26,2020

Bengaluru, Jun 26: Karnataka's Commercial Taxes Department has sealed off an undeclared warehouse with imported goods worth Rs 4 crore in Bengaluru and found 60 GST registrations linked to a Chinese national from Wuhan.

The tax department officials found 25,446 China-made electronic and fast-moving consumer goods worth Rs 4 crore stored in the warehouse which was not declared to the tax authorities.

Commissioner of Commercial Taxes MS Srikar said in a statement that the officers noticed that one person from Wuhan City, China, got the premises in Bengaluru on lease.

They also found that about 60 registrations (both central and state jurisdictions) under the GST Act, in the name of a number of persons for online trading of imported China-made goods, had a single address which was vacant.

Most of the registrations were found irregular in the filing of returns and payment of tax. Majority of the firms either filed nil returns or were non-filers. The registration data showed that one business was registered in 2017-18, 43 in 2018-19, 14 in 2019-20 and two in 2020-21. Most of the 60 firms were private limited companies and 24 persons were interchangeably directors in 58 firms.

At the time of raid, neither the lessee, the Chinese national, nor any of the other 59 registered taxable persons were available at the business premises and no one came forward to participate in the proceedings in spite of providing sufficient time.

It is learnt that the Chinese national is operating the business from Wuhan City since January 2020 with the assistance of some of his agents/employees in Bengaluru.

It has also been learnt that multiple registrations are being taken for a better rating on e-commerce platforms, Srikar said.

The raids were led by Nitesh K Patil, Additional Commissioner, Enforcement, South Zone.
The Commercial Taxes Department is closely watching the genuineness of newly registered persons and conducting post-registration verification visits.

Any registration taken with mala fide intention of evading taxes will be dealt with seriously, the Commissioner said. 

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News Network
April 8,2020

Bengaluru, Apr 8: In a strong show of support, Karnataka Chief Minister BS Yediyurappa stood behind the minorities in the state and said no one should target the Muslim community over the coronavirus crisis and the Tablighi Jamaat.

He said those communalising the issue will be dealt with strictly.

BS Yediyurappa was speaking to a regional media channel when he said "Nobody should speak a word against Muslims. This is a warning. If anyone blames the entire Muslim community for some isolated incident, I'll take action against them also without a second thought. Will not allow that to happen."

Since then, many have welcomed the CM's remarks including the opposition.

Former Karnataka Congress president Dinesh Gundu Rao tweeted and said that other BJP leaders should follow the Karnataka CM and that it's a welcome step.

Congress president DK Shivakumar too said he agrees with the chief minister and that no one should target one community. "The CM should also act strictly against people posting communal remarks on social media and issue an order."

Earlier, Karnataka CM BS Yediyurappa held a meeting with minority opposition MLAs and MLCs and urged them to pass the message within the community asking those who had attended the Delhi Nizamuddin Markaz event to come and get tested for Covid-19.

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News Network
March 25,2020

Bengaluru, Mar 25: Bengaluru Police Commissioner Bhaskar Rao on Wednesday called a meeting of online, e-commerce food, medicine, groceries or animal products delivery aggregators at his office in wake of situation arising out of lockdown imposed in the entire country due to coronavirus epidemic.

The Police Commissioner has appealed one representative from each agency to join him in the meeting at 7 pm.

"I have called a meeting of online, e-commerce food, medicine, groceries, vegetables/fruits or animal products delivery aggregators today at 7 pm at my office at Infantry Road, Bengaluru," said Rao.

"One representative from each agency may please come. We promise all cooperation, please come," he said.
The Indian Council of Medical Research (ICMR) on Wednesday confirmed 539 positive cases of coronavirus in the country.

Prime Minister Narendra Modi had on Tuesday announced a 21-day lockdown in the entire country effective from midnight to deal with the spread of coronavirus, saying that "social distancing" is the only option to deal with the disease, which spreads rapidly.

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