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Dad advised me on how to take Karnataka on the path of development: HDK

News Network
May 24, 2018

Bengaluru, May 24: Karnataka chief minister H D Kumaraswamy on Thursday said that his father and former prime minister H D Deve Gowda gave him advices on politics and development works.

“It was the first time I met him after becoming chief minister. We discussed several things. He gave me some political advice and advice on how to take Karnataka on the path of development,” Kumaraswamy told media persons after visiting his father at latter’s Padmanabhanagar residence.

Kumaraswamy lashed out at the BJP leaders for spending time criticising the Congress-JD(S) coalition and calling it an unholy alliance. “BJP leaders should stop the brickbats. Their time is spent only in criticising us,” the CM said.

Kumaraswamy also sought the blessings of Pattanayakanahalli Nanjadhoota Swami, followed by a visit to the Adichunchanagiri Mutt and then the Siddaganga Mutt in Tumakuru.

On waiving farm loans, a poll promise he had made, Kumaraswamy said it was his top priority. “Let there be no doubt in this. I will announce the loan waiver soon after discussing it with Congress leaders.”

Comments

Whatever.. cong jds scared of losing power. That fear may drive themm to rule properly.

Kumar
 - 
Thursday, 24 May 2018

earlier govts failed to address farmers' issue, malnutrition among children, basic and compulsory education in rural areas..

Ganesh
 - 
Thursday, 24 May 2018

All previous Karnataka govt said the same. They are focusing on development but no huge developments made till now

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News Network
March 19,2020

Karwar, Mar 19: Four drug peddlers were arrested on Thursday and 2.68 Kg of brown sugar worth Rs 2 Crore was seized from them while they were smuggling the banned drug by road from Yellapura to Ankola.

Police identified the arrested persons as Narayan (35), Chandrahas Gunaga (29), Veerabhadra Hegade (43) and Praveen Bhat (30).

Police have registered a case and investigations are ongoing.

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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News Network
April 15,2020

Mangaluru, Apr 15: Dakshina Kannada Deputy Commissioner Sindhu Rupesh has written to her counterpart at Valsad to make food and accommodation arrangements for two persons from Puttur who are stranded at Ambergaon village in their district due to lockdown.

Valsad is a district near Gujarat-Maharashtra border.

Ashik Hussain and Mohammed Takeen Maril, have been stuck at the RTO check post of Ambergaon for the last 21 days. The duo have been staying in their car, without proper accommodation or food.

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