K K Pai National Banking Award' for K V Kamath

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

kv_kamath

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 23,2020

Bengaluru, Mar 23: In the wake of the shutdown in several districts of the state to control the COVID-19 spread, Karnataka government on Monday said food would be provided free of cost through Indira Canteen for the poor who depend on daily wages for their livelihood.

The state-sponsored subsidised 'Indira Canteens' as of now serves breakfast at Rs 5 and lunch and dinner at a cost of Rs 10.

"In the interest of the poor, it has been decided to serve free food for poor. Through Indira Canteen, free food will be served for the entire day for the poor," Yediyurappa told reporters.

The Karnataka government has already announced shutdown of all commercial activities, barring essential services, in nine districts where COVID-19 cases have been reported till March 31.

They are: Bengaluru city, Bengaluru Rural, Mangaluru, Mysuru, Kalaburagi, Dharwad, Chikkaballapura, Kodagu and Belagavi.

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News Network
April 8,2020

Bengaluru, Apr 8: The Karnataka government is in favour of lifting the coronavirus lockdown in districts which remained free of the virus infection, subject to approval from the Centre, Chief Minister B S Yediyurappa said on Wednesday.

In an interview to, he also said the state intended to relax liquor sales, stopped since the 21-day lockdown was imposed to contain the spread of COVID-19, after April 14 in a bid to increase state revenues.

The chief minister said the state's legislators would take a 30 per cent salary cut.

According to officials, there were no COVID-19 cases in 12 districts of the total 30 districts in the state.

As on Wednesday, there were 181 COVID-19 cases in the state, including 5 deaths and 28 discharges.

"If the Prime Minister suggests to states to take decision (on lock-down) based on the situation in their respective states, my position is to take a call (on roll-back) in districts free from COVID-19", Yediyurappa said.

This is to allow people to go about their business and move about within the district and not from one district to another, after April 14, after taking the approval of the Prime Minister, he said.

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News Network
March 16,2020

Bengaluru, Mar 16: Stepping up measures to curb spread of coronavirus in the state, the Karnataka government would start thermal screening of visitors at various places including the vidhana soudha, high court, secretariat, and city civil courts, from Tuesday.

In view of coronavirus scare, screening of visitors has already begun at Chief Minister B S Yediyurappa's residence at Dollar's Colony in the city.

A medical team has been deployed for the purpose, sources close to the CM told PTI. Medical screening of passengers arriving at the Kempegowda International Airport here was underway. So far seven people have been tested positive in the state while one of them died due to COVID-19 in Kalaburagi.

The Department of Health and Family Welfare said the procurement of equipment such as scanners would be completed by Monday.

"The procurement of scanners, other supplies, deputation of staff nurses and trainingshall be held and completed on March 16, Monday itself on war footing basissetting aside other works," Commissioner of Health and Family Welfare department, Pankaj Kumar Pandey said in his order to district level health officers.

The KarnatakaState Drugs Logistics and Warehousing Society (KSDLWS) would procure and give the thermal scanners to the district health and family welfare officers of Bengaluru Urban, Kalaburagi, Dharwad, it said. Sufficient virus filtering N95 masks, handgloves and sanitisers would also be provided to the officers, it added.

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