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K K Pai National Banking Award' for K V Kamath

[email protected] (Press Release)
June 26, 2012

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Udupi, June 26: Chairman of ICICI Bank K.V. Kamath has been selected for the K.K. Pai National Banking Award for 2012-13 in recognition of his outstanding contribution to banking development and his innovations in the field.

In a press release issued here on Monday, secretary of K.K. Pai Trust, Ammannaya, said that Mr. Kamath's name was unanimously recommended for the award by the awards panel constituted by the trust.

President of the trust T. Satish U. Pai, who chaired a meeting of the trustees, accepted the unanimous recommendation of the panel. The award presentation function is to be held in Manipal later this year.

Mr. Kamath, who completed his high school and pre-university education in Mangalore, did his B.E. at NITK-Surathkal and went on to do his M.B.A. at IIM-Ahmedabad.

Mr. Kamath started his career at the Industrial Credit and Investment Corporation of India. In 1988, he moved to the Asian Development Bank and put in years of service in South East Asia before returning to ICICI Bank as its managing director and CEO in 1996.

Under his leadership, the ICICI Group transformed itself into a diversified technology-driven financial services group that has leadership positions across banking, insurance and asset management in India and abroad.

Mr. Kamath was instrumental in implementing the concept of universal banking in India for the first time through ICICI Bank. He set the tone and standard for application of technology in banking for bettering customer service.

He retired as managing director and CEO in April 2009 and took up his present post as non-executive chairman of ICICI Bank.

Mr. Kamath joined the board of Infosys in May 2009 and took over as chairman of Infosys in August 2011.

He is the recipient of many awards such as 'Businessman of the Year' by Forbes Asia and 'Business Leader of the Year' by Economic Times in 2007 and CNBC's 'Asian Business Leader of the Year' in 2001. He received the Padma Bhushan in 2008.

He served as president of Confederation of Indian Industry (CII) in 2008-09. He is also a director of many institutions. He has been a co-chair of the World Economic Forum's annual meetings in Davos, the release added.

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News Network
March 7,2020

Bengaluru, Mar 7: Karnataka on Friday announced that there are no positive cases of the novel coronavirus, COVID-19 in the state till date.

"To date, 717 persons have been identified for observation, of them, 236 persons have completed 28 days of observation and 469 persons are continuing under home quarantine. 8 persons are admitted to selected isolation hospitals, " the state government said in a release today.

"Around 343 samples of symptomatic persons are sent for testing and 296 samples are reported as negative. No positive cases of Coronavirus in the state to date," it said.

Karnataka Chief Minister BS Yediyurappa earlier in the week assured people in state about the preparedness to tackle coronavirus.

He said, "We have issued instructions to all hospitals. We have made all the arrangements. People in Karnataka should not worry."

Union Health Minister Harsh Vardhan earlier today held a review meeting with states over preparedness for coronavirus. State governments have been asked to keep the testing and quarantine facilities, isolation wards and labs in active readiness.

The country's total number of positive cases of coronavirus touched 31 today. COVID-19 has so far killed more than 3200 people globally.

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News Network
January 10,2020

Bengaluru, Jan 10: Karnataka Chief Minister BS Yediyurappa on Friday launched 'Sapthapadi', a mass marriage program in Bengaluru.

The state authorities will provide a mangalsutra worth Rs 40,000 and Rs 5,000 to the groom. They will also give Rs 10,000 to the bride after marriage.

The state government has also informed that the department has shortlisted some temples where the mass marriages will be held.

Yediyurappa also confirmed that the government will help communities like Muslim and Christians also to organise mass marriage as per their respective rituals.

According to the state government guidelines, issued last year in November, both parents of the couple should attend the ceremony if the duo wants to avail benefits of this offer but those who want to marry without their parent's permission do not stand a chance here.

Also, those wanting a love marriage will not be able to reap the benefits of the scheme. The plan is to conduct about 1,000 marriages in 90-100 temples.

The couples wanting to tie the knot are expected to register themselves 30 days before the scheduled date in the temple. Following which a list will be prepared.

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News Network
July 31,2020

Bengaluru, Jul 31: The Karnataka government on Wednesday put on hold a controversial proposal to drop certain chapters, including on Islam, Christianity, Tipu Sultan and his father Hyder Ali, from social science textbooks to reduce the 2020-21 syllabi for students in classes 1-10.

Citing the COVID-19 pandemic and the disruption caused to the academic calendar of the year, the government had earlier dropped the chapter on Tipu Sultan and Hyder Ali from the Class 7 social science textbook, saying chapters on Tipu Sultan have been retained in the Class 6 and 10 textbooks.

The move did not go down well with the opposition, which saw certain ulterior motives behind the decision.

Apparently under sharp criticism, the Department of Public Instruction issued a new notification on Wednesday "on the directions of the Karnataka Primary and Secondary Education Minister S Suresh Kumar".

There is a delay in opening the schools during the academic year 2020-21 due to COVID-19 pandemic, said the latest order.

In this context, the order said, chapters were dropped to fit in 120 days of the academic year for classes 1 to 10 and the same was published in the department's website.

"However, on the directions of the Minister for Primary and Secondary Education, the decision to drop certain chapters has been put on hold. A review will be done following which the deleted chapters will be uploaded in the website," the order read.

Earlier in the day, Mr Kumar had issued a statement, saying that the decision to truncate the syllabus has not been finalised yet. He also made it clear that his department would not remove chapters unnecessarily.

Former chief minister and Congress leader Siddaramaiah had attacked the government on the issue.

"The government, which has failed to control the spread of coronavirus, is using it as an opportunity to push its clandestine agenda of saffronising the textbooks," Siddaramaiah tweeted.

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