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Sauharda Credit Co-operative Ltd. to be inaugurated on Nov 9

[email protected] (CD Network)
November 8, 2011

Mangalore, November 8: The 'Souharda Credit Co-Operative Limited' will be inaugurated on November 9, said Shantharam Shetty, Account Investigator.

Addressing the media persons here on Tuesday Shetty said, the Co-Operative Ltd has already invested Rs 5 lakh with 300 shareholders and aimed to consolidate huge share investments in coming days.

He said that Society will provide long term deposit in short period of time with attractive interest'.

It provides loan on gold pledge, business loan, home loan, vehicle loan, personal loan, and deposit loan to serve the public in their difficulties and this co-operative society will open the branches soon, he added.

The inaugural ceremony will start at 5:00 pm in Mayur building near Mangaladevi Bolar here in Mangalore.

Manish Raj, promoter, Naveenchandra Shetty, promoter, Guru Praveen chief promoter and Manoj, promoter, were present in the press meet.

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Photo by Savitha B R

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News Network
April 4,2020

Bengaluru, Apr 4: The state government have taken all measures to ensure availability of essential supplies including foodgrains, in the state, Chief Minister B S Yediyurappa informed here on Saturday.

He was speaking to newsmen, after holding a meeting of the MLAs, MPs and others, where he had briefed over the measures taken by the state government to prevent the spread of the COVID-19 disease.

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coastaldigest.com news network
July 7,2020

Bengaluru, Jul 7: Vasudeva Maiya, former CEO of Sri Guru Raghavendra Co-operative Bank, was found dead in his car in Bengaluru on July 6.

The Subramanyapura police have begun an investigation into Vasudeva Maiya's death.  Source said that he committed suicide. He was a native of Kota in Udupi district.

The car was found parked a little away from Maiya's house at around 6.30 pm on July 6.

The Reserve Bank of India (RBI) had in January imposed restrictions on Sri Guru Raghavendra Co-operative Bank and limited withdrawals to Rs 35,000 by customers.

On June 18, Anti-Corruption Bureau (ACB) raided five offices of Sri Guru Raghavendra Co-operative Bank, in relation to alleged misappropriation of Rs 1,400 crore.

The RBI, Enforcement Directorate, Criminal Investigation Department, and Registrar of Cooperative Societies are looking into the financial irregularities at the lender.

The police also conducted searches at residences of Maiya and the bank's chairman K Ramakrishna in relation to the above mentioned case, sources said.

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News Network
April 6,2020

Mangaluru, Apr 6: The city police were seen wearing personal protective equipment including eye protection on Monday, April while on lockdown duty to slow the spread of COVID-19.

City police Commissioner Harsha taking to twitter wrote, ''Specialised protection equipment, AntiContagion face shields have been issued to all policemen at the front line having the highest risk of exposure to coronavirus..
They are fighting a pandemic .. FOR YOU..Be kind to them..Comply with all legal instructions.''

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