EMIs of housing loans could be extended, says banker

September 2, 2011

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Mangalore, September 3: “People who cannot repay the home loan within the time frame may have their repayment time extended,” said Bank Chairman and Managing Director H S Upendra Kamath.

Owing to the inflationary trends, the banks have been forced to increase the interest rates. This has resulted in the increased Every Month Installment (EMI) amount. Those who fail to pay the increased amount will have their EMI numbers increased, Mr. Kamath said.

He was delivering a lecture on “Micro, Small and Medium Enterprises and General Banking issues” at KCCI hall here on Friday.

Banks have been advised to take care of the customers, be it Small Medium Enterprises (SME) or home loan borrowers, he said. He however added that the restructuring of loan repayment can take place only if the bank finds the SMEs promising.

Dismissing the general perception that bankers will be happy with the hike in interest rates, Mr. Kamath sympathized with small and medium enterprises that “don't have the capacity to bear the hike or pass it on to the consumers”.

“Even salaried classes who have taken home loans may face this economic stress,” he observed.

KCCI president Latha R. Kini, vice-president Mohammed Ameen, other office-bearers including Ganesh Bhat, Rammohan Pai Maroli and Sudhir Ghate were present.

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News Network
January 4,2020

Karwar, Jan 4: One student died and twelve others were seriously injured when a school bus in which they were travelling from Anantapur district fell into a gorge near Gerusoppa Soolemarki Cross in Honnavar taluk of Uttar Kannada district last night, police said on Saturday.

The deceased student has been identified as T Basha Fakruddin (14).

Police said on that on Friday students of a government school from Anantapur district were on a trip to Jog, Murdeshwar and other places. There were 44 children, nine teachers and four cooking staff in the bus, police said.

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News Network
June 8,2020

Bengaluru, Jun 8: More than two months after the nationwide lockdown was imposed to curb the spread of coronavirus, people offered prayers at Bengaluru's Saint Mary's Church and Shree Dodda Ganapathi Temple as the government has allowed reopening of religious places from today.

Fewer devotees here visited Saint Mary's Church in Shivaji Nagar and were seen maintaining social distancing inside the church premises.

Meanwhile, people queued outside Shree Dodda Ganapathi Temple at Basavanagudi to offer prayers in the wee hours of Monday.

Floor markings have been made here to maintain social distancing.

Social distancing norms are also being followed in Hubli's Nagashetty Koppa where only a few devotees thronged the temple on Monday morning.

In Kalaburagi's Sharana Basaveshwara Temple the visiting hours for devotees have been fixed from 7 am to 10 am and three hours in the evening from 5 pm to 8 pm.

Thermal screening is being conducted here and a disinfectant tunnel has also been installed at the entry point.

Floor markings have also been made here to ensure social distancing while barricades have also been installed on the temple premises.

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News Network
January 3,2020

Chamarajanagar, Jan 3: The residents of Galipura layout in Chamarajanagar city boycotted the annual Community Based Survey (CBS), conducted by the Health and Family Welfare department, mistaking it to be the National Register of Citizens (NRC).

Majority of the residents in the layout belong to Muslim community. The people, who mistook CBS to the NRC survey, got into arguments with the Asha workers, who were given the responsibility of collecting information. They even tore the forms into pieces and vent their ire.

The Health Department conducts CBS every year in the urban areas and collects all details including Aadhaar number, residential address, details of family members, health problems and others.

Fifteen Asha workers were deputed for the survey in the layout. A few youths started questioning them alleging it to be an NRC survey and started arguing with them.
Tahsildar Mahesh, District Health and Family Welfare Officer Dr N C Ravi, with the help of Muslim leaders cleared the confusion. The community leaders assured of explaining it to the residents and extend cooperation to the survey.

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abdullah
 - 
Sunday, 5 Jan 2020

Its not the fault of the residents.  Sanghis are planning to approach citizins disguised as health workers and else to get  details of residents.   such trouble makers should be noted and handed over to police.   Police should arrest such fake people and put in jail.   such fake people are trying to terrify poors and collect money assuring to help them.   So, please be careful.   

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