Haj pilgrim from Mangaluru dies in Makkah

Hakeem Bolar

August 9, 2017

Mangaluru, Aug 9: An elderly Haj pilgrim from coastal Karnataka, who was said to be an asthma patient, has died of heart attack in Arafat Hospital in Saudi Arabia.

The deceased has been identified as Abdullah, a resident of Bunder area in Mangaluru city.

According to sources, he was hospitalised on Monday due to severe breathing difficulty. However, his health condition continued to worsen and he breathed his last on Tuesday.

Abdullah was among the pilgrims who had boarded this year’s first Haj flight from Mangaluru International Airport on July 24.

He was accompanied by wife Zaibu and son Mohammed Salman. The final rites including burial will take place in Makkah soon.

The volunteers of Makkah unit of Karnataka Cultural Forum (KCF) among others are assisting the aggrieved family in carrying out the final rites.

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Innalillahi wainna ilaihi rajiwoon

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Mangaluru | 7-day-old child from Ullal tests positive for COVID-19

coastaldigest.com news network

July 8,2020

Mangaluru, Jul 8: A seven-day-old baby from Kallapu near Permannur village, within Ullal town limits in Mangaluru taluk has tested positive for COVID-19.

The baby’s mother, while pregnant, was admitted to a private hospital in the town on June 30.

Her samples, which were sent for testing before delivery, reported positive, doctor said.

On Wednesday, the baby’s tests too reported positive for COVID-19.

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RBI imposes penalty of Rs 1.2 crore on Karnataka Bank for non-compliance of norms

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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