Banks in Dakshina Kannada cross Rs 25,885 crore business'

[email protected] (CD Network)
July 21, 2011
Mangalore, July 21: Banks in Dakshina Kannada district have crossed business level of Rs 25,885 crore as on March 2011. This level of business is achieved by 427 bank branches in the district which includes deposits of Rs 16,472 crore and advances of Rs 9,413 crore said JS Shenoy, Deputy General Manager, Syndicate Bank.

He was speaking at a meeting held at Taluk Panchayat here on Thursday to review the performance of the lead banks in the implementation of Credit Plan and government sponsored schemes in the Dakshina Kannada District.

Mr Shenoy said the credit deposit ratio of the district is 57 as at March 2011. There is increase in deposit by 14% and advances by 15% on year-on-year basis, he said.

As part of government of India direction 213 villages should be selected for providing banking business through business correspondents in the district through Technical Service Provider. Of these, 32 villages were already covered by bank branches, said Mr Shenoy adding that the villagers will be provided with a bio-metric card which identifies the thumb impression. He said, “This helps operation of SB accounts for receiving money under Pension schemes and wage payment under MGNREGP by the villagers without going to branches”

He said as per the Reserve Bank of India (RBI) directions, Financial Literacy and Credit Counselling Centre has been opened in the district which will take responsibility of educating the people in rural areas on various aspects of banking activities.

Mangalore MLA U T Khader raised voice against the hurdles faced by the students to get education loans from the banks. Responding to his claim, M S Hasan, LDO from RBI said that those students, who have faced misbehavior and problems by the banks, should report it Lead Bank Manager of the District.

Mr Hasan clarified no collateral surety is need for education loan up to Rs 4 lakh and urged the officials to abide by the rules.

Hemanth Bhide, Lead District Chief Manager, Syndicate bank, Executives and District Coordinators from Banks took part in the meeting.

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coastaldigest.com news network
June 23,2020

Mangaluru, Jun 23: A charter flight carrying as many as 166 people including a child stranded in United Arab Emirates today reached Mangaluru. 

The flight was chartered by M Friends Charitable Trust, Mangaluru and My Community Foundation with the sole intention of helping the repatriation of stranded passengers such as pregnant women, elderly people and those who are in need of emergency medical care. 

The flydubia flight FZ4617 took off from Dubai at 2 p.m. and landed at Mangaluru International Airport at 7:22 p.m.

The passengers who arrived from UAE hail from different parts of coastal Karnataka and passengers themselves had borne the ticket fare for their travel.

M Friends president Haneef Haji Goltamajalu has thanked representatives of My Community Foundation and M Friends Trusty Ashraf Abbas Kunjattur, M Friends NRI leader Haneef Puttur, general secretary Rasheed Vittla for their efforts in chartering the flight.

In the last three weeks, 13 special flights with around 2150 passengers from various Gulf countries had landed at Mangaluru airport. 

Already, throat swab samples of 1814 passengers, who had arrived in Mangaluru, have been tested and 239 people with international travel history have tested positive and the samples of 1,575 passengers have tested negative so far.

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coastaldigest.com news network
March 29,2020

Mangaluru, Mar 29: Mosques across Karnataka are now turning into centers to create awareness against deadly coronavirus that cause Covid-19. 

The state government's board of auqaf has issued a notification to the administrations of all mosques to use their loud speakers to create awareness against the virus. 

All the mosques in the state have already suspended congregational prayers to prevent the spread of the virus.

As per the decision of the state board of auqaf, now all mosques have to play the audio clips that creates awareness against the virus in three languages. 

The clips will be played at 10 a.m., 4 p.m., 6 p.m. and 8 p.m. everyday.

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Mr Frank
 - 
Monday, 30 Mar 2020

Also need to make call on all prayer places temples and churches to live with humanity without violence. 

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News Network
January 28,2020

Mysuru, Jan 28: The Second Additional District and Sessions Court on Monday granted anticipatory bail to B Nalini, who displayed the ‘Free Kashmir’ placard during a protest, and also to Maridevaiah, the organiser of the protest.

Nalini and Maridevaiah had applied for bail as Jayalakshmipuram police had booked them under sedition charges. Nalini had displayed the placard during a protest at Manasagangotri, the University of Mysore campus, recently. The court, which took up the case on January 24, had kept the order pending.

The court directed the accused to submit their passport to the court and a bond for a sum of Rs 50,000. The court also directed them to be present before the police, whenever needed.

Meanwhile, the Mysuru Bar Association has decided to take measures against the association members who are in favour of Nalini. Seventy-five members, seeking to represent Nalini, have withdrawn their support, the association secretary B Shivanna said. The association has suspended advocates Manjula Manasa and P P Baburaj.

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