Karnataka Bank bags 'IBA Banking Technology Awards'

[email protected] (CD Network)
August 29, 2012

pjayaramMangalore, August 29: City based private sector bank - Karnataka Bank has been conferred with "The IBA Banking Technology Awards 2011" instituted by Indian Banks Association.

The Bank has been adjudged as the second runner-up under 'Best risk management and security initiative' and also the second runner-up under best financial inclusion initiative in the category of private sector bank.

N R Narayana Murthy, Chairman Emeritus, Infosys, conferred the said awards to P Jayarama Bhat, Managing Director and CEO of the Bank at a grand function organised at Mumbai by Indian Banks Association on August 27.

“As envisaged in the Corporate Mission, the Bank is Tech savvy and has implemented various tech. driven customer centric products by adopting robust risk mitigation/management processes. At the same time, the Bank has also put in various security measures so as to enhance the confidence of the customers in using tech. products & services. The Bank believes in inclusive growth and 20% of the Branches are located in rural centers,” Mr Bhat said.

“The Bank has taken various initiatives like, financial literacy centers, mobile financial awareness camps through van, providing Banking Services through Business Correspondent Model using Bio-metric cards etc. Bank is one of the trustees of the Karnataka Farmers Resource Centre (KFRC), Bagalkot, which has been set up to provide training to the farmers to develop managerial capacity and co-ordinate the services of various service providers for training, consultancy, counseling services to farmers in the state”, he added.

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News Network
July 17,2020

Mangaluru, Jul 17: Dakshina Kannada district Youth Congress president Mithun Rai has tested positive for the covid-19. 

Mr Rai took to social media to announce it: “I have been tested COVID19 positive & I am under Quarantine at Bangalore. With all your love and blessings, I will recover and be back soon at your service.

“My request to all those who were in close proximity with me in the last few days, kindly get yourselves checked for COVID,” he stated in a social media post on Friday.

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News Network
May 11,2020

Bengaluru, May 11: Janata Dal (Secular) leader HD Kumaraswamy on Monday asked Chief Minister BS Yediyurappa to urge PM Narendra Modi to give a 'COVID Package' to Karnataka.

In a series of tweets, Kumaraswamy said that Yediyurappa should raise the demand during the course of the meeting scheduled to be held today with the PM, which will also be attended by Chief Ministers of other states.

"Prime Minister Narendra Modi will hold talks with CMs from different states on coronavirus control and lockdown today. The state's CM BS Yediyurappa will also be in it. At this meeting, BSY should urge Modi to offer a 'COVID Package' to the state," Kumaraswamy's tweet, roughly translated in English from Kannada, read.

In subsequent tweets, the JDS leader said that, "The central government has set up a PM Cares Fund for the fight against Corona. As MPs, entrepreneurs and citizens have made generous donations. BSY must convince Modi that the state has not received adequate financial support from the Center so far."

He further said that the package could be utilised for "medical procedures", "financial compensation for the affected people."

Kumaraswamy also said that "In addition to the 'COVID Package', other dues from the Center, including GST dues, flood relief, etc should also be asked for by BS Yediyurappa at the meeting with Modi."

PM Narendra Modi will hold a meeting, through video conference, with state Chief Ministers on Monday at 3 pm to discuss the prevailing COVID-19 situation in the country.

The Prime Minister had earlier interacted with Chief Ministers four times over the COVID-19 situation via video conferencing.

The upcoming interaction comes days ahead of the scheduled ending of the nationwide lockdown.

The ongoing lockdown, which was imposed to contain the spread of coronavirus, is scheduled to end on May 17.

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coastaldigest.com web desk
January 29,2020

Mangaluru, Jan 29: The Indian Coast Guard today commissioned a high-speed coast interceptor boat at New Mangalore Port here giving a fillip to the coastal security.

The water jet propelled Interceptor Boat C-448 (27.80 mts in length) has an endurance of 500 nautical miles at 20 knots.

The vessel fitted with latest state of the art navigation and communication equipment can achieve a speed of 45 knots. Thus, the vessel is designed for high speed interception, close coast patrol, low intensity maritime operations, maritime surveillance, search and rescue.

The quick reaction capability coupled with modern equipment and system ensures that the vessel responds to any maritime situation. With a crew of 12 personnel, C-448 is Commanded by Assistant Commandant Apoorva Sharma.

The Interceptor Boat will be based at Mangaluru. T. M. Vijaya Bhasker, Chief Secretary Karnataka, who commissioned the IB, said that the crew should discharge their duties faithfully and with courage. Anand Prakash Badola, Commander, Coast Guard Region ( West) and A.V. Ramana, Chairman, New Mangalore Port Trust, were present on the occasion.

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