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
February 9,2020

Hassan, Feb 9: Accusing the Centre for treating Karnataka as its enemy Former Minister and Congress leader UT Khader on Saturday said that the state did not get support from the Centre on the Mahadayi issue and flood relief and even the Union Budget.

Speaking to the media here, he said that the state has elected 25 BJP Lok Sabha members. Three from the state were Ministers in the Union Cabinet and another MP has been appointed president of the party’s state unit.

'None of them have spoken about the injustice done to the state in the budget. The budget document announced Rs 18,600 crore for the suburban railway in Bengaluru. But, ultimately the amount earmarked for the project is only Rs 1 crore. How can any BJP leader justify this?', the Congress leader wondered.

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News Network
January 20,2020

Mysuru, Jan 20: As the Karnataka state Congress is still awaiting the appointment of Karnataka Pradesh Congress Committee (KPCC) President, MLA Satish Jarkiholi has said that in order to balance the caste and regional equations, All India Congress Committee (AICC) was planning to create four working presidents posts for KPCC.

Talking to media personnel here on Sunday, Mr Jarkiholi, who is considered to be in the race for the post, said that a clear picture about the constitution of additional posts of the working president in the KPCC would emerge in a week.

He added that it has been delayed due to the Assembly elections in Delhi.

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News Network
April 22,2020

Mangaluru, Apr 22: A team of officials raided the Big Bags International Pvt Ltd premises here on Tuesday following the apprehensions expressed by locals that the company has violated lockdown rules by resuming operations on April 20.

On Monday several workers of the firm from Kerala, Tumakuru and Bengaluru were reported to be at the premises to resume operations.

The raiding team asked the management to temporarily shut down operations and asked the workers to leave the place.

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