Karnataka Bank re-appoints Jayarama Bhat as MD and CEO

[email protected] (CD Network)
July 12, 2012

JayaramBhat


Mangalore, July 12: P Jayaram Bhat has been re-appointed as the Managing Director and CEO of Karnataka Bank for another three years.

The RBI has conveyed its approval for re-appointment of P Jayarama Bhat as the Managing Director and CEO of the Bank for further period of three years with effect from July 14, 2012, as proposed by Bank's Board of Directors.

Under his dynamic leadership, over the last three years, the bank registered an all round progress. There was significant increase in bank's business to reach a new high of Rs 54,488 crore as on June 30, 2012 from Rs 32,004 crore as on June 30, 2009.

The capital fund of the Bank has touched Rs 2,600 crore mark at the end of March 2012 and the Capital Adequacy Ratio stood at 12.84 per cent.

The number of branches of the Bank rose to 504 from 447 three years back. Number of ATMs has shown a more than 100 per cent growth from 177 ATMs in 2009 to 382 as of now.

More number of ATMs are being opened to increase convenience to all the customers across India. Customer base of the Bank has surpassed 60 lakhs. While continuing its consistent dividend payment tradition, the Bank has proposed a dividend of 35 per cent for the year 2011-12.

Bhat is also a Member of Managing Committee of Indian Banks Association (IBA) and the Honorary President of the Banker's Club, Mangalore. He is also Chairman of Private Sector Banks Association.

During these years, Karnataka Bank has earned Best Bank Award by IDBRT for 'Managing IT Risk' under Small Bank Category.

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News Network
July 17,2020

Bengaluru, Jul 17: Bruhat Bengaluru Mahanagara Palike (BBMP) Mayor, M Goutham Kumar on Friday called for an extension of lockdown in the city for one more week due to rise in the COVID-19 cases.

"It will be better if we get more time to tackle COVID-19 cases, we wish for the extension of lockdown for one more week. We have given the proposal to the government," said M Goutham Kumar, BBMP Mayor.

"After the number of cases increased in Bengaluru, BBMP started antigen test in containment and hotspot zones of Bengaluru to tackle the cases which have crossed 2,000 mark," he added.

Along with Mayor, BBMP Commissioner Anil Kumar has also proposed the state government to extend lockdown in Bengaluru for one more week.

"The number of cases in Bengaluru increasing in Bengaluru rapidly. BBMP has inaugurated more than 200 vehicles in Bengaluru for the use of the antigen test," said Anil Kumar, Commissioner BBMP.

According to the Union Health Ministry, there are 51,422 COVID-19 cases in the state.

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coastaldigest.com news network
May 13,2020

Managluru, May 13: Expressing regret over the inconvenience faced by the first batch of passengers from UAE that landed at Mangaluru International Airport last night, Dr C N Ashwath Narayan, deputy chief minister of Karnataka, today assured that all short comings will be addressed.

Addressing Kannadiga delegates from Saudi Arabia, Qatar, Kuwait and other countries through a video conference, Dr Narayan also assured that necessary steps will be taken by the Karnataka government to provide free quarantine facility for those who cannot afford private quarantine in hotels or guest houses. The video conference was organised by coastaldigest.com.

"The incontinence faced by passengers from Dubai at Mangaluru Airport have already been brought to my notice. All these shortcomings will be addressed. We will take appropriate steps to prevent the recurrence of such inconveniences," he said.

He said that the Karnataka government has already amended its standard operating procedure for international passengers to allow pregnant women to entre home quarantine if they test negative for covid-19. 

The problems faced by passengers at Mangaluru Airport last night include lack of staff to handle luggagues, lack of food and water, delay in arranging vehicle to transport passengers to quarantine centres and lack of free quarantine facility for those who cannot afford private quarantine facility. The next batch of repatriates will not face these problems, he said. 

Dr Narayan also promised to exert pressur on the union governmment to operate more flights to repatriate stranded Indians, especially Kannadigas from Saudi Arabia.

Prominent NRI commnity leaders Zakariya Jokatte, Naveen Bandary, Joy Fernandes, Shathosh Shetty Riyadh, Althaf Saqco, Shiekh Expertise and others participated in the video confernce.

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SS
 - 
Thursday, 14 May 2020

I suggest, prefer Keral airports..  especially muslim pasengers

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News Network
March 27,2020

Mangaluru, Mar 27: Thousands of letters are pending at various Post offices in Dakshina Kannada for delivery since declaration of lockdown due to Corona virus which is spreading like wildfire in the country.

Of the 542 offices in the district, only eight are functioning and the only post office opened in the district facilitates only withdrawal of funds by the customers, district senior official said here on Friday.

There are in all 53 departmental offices and 96 branch offices in Mangaluru Taluk and about 4,000 general postcards and 1,000 Registered and Speed Posts are pending for delivery. Also, there are a total of 393 post offices in the Puttur division and only a few are opened. About 48 postal bags are pending and there are about 200-300 postcards in each bag.

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