Corporation Bank launches festival bonanza for various loans schemes

[email protected] (CD Network)
August 30, 2012

bank

Mangalore, August 30: The city based Corporation Bank has announced a festival bonanza for various loans schemes of the Bank from September 1 for three month period.

The bonanza is offered for home loans, vehicle loans, NRI home loans, Doctor Plus (finance for medical professionals) and Vyapar schemes (loan for trade and business)

Ajai Kumar, chairman and managing director, who launched the festival bonanza here on Wednesday, said the bank is doing so in challenging times and with sole intention of taking its retail business forward. "It is the retail and small and medium enterprise sectors that will ultimately take the bank and country forward," he said adding this would be the thrust of the bank over the next quarter. "This sector will get some focused attention over next three months," he said.

Corp Home housing loan for construction of house/flats or purchase of ready built house/flat or take-over of housing loans from other Banks/institutions will be under the floating rate of interest for all tenor and for amount up to Rs 50 lakh will be offered at 10.50% per annum. For amount up to Rs 1 crore, loan is offered at 10.75% and for amount above Rs 1 crore is offered at 11.00%. The processing charges are fully waived, Ajai Kumar said.

Rate of interest for Corp Vehicle, vehicle loan for a period of five years is offered at 11.25% and for period of seven years at 11.75%. The processing charges are fully waived. Doctors can obtain finance for setting up of clinics/hospitals/pathology labs and purchase of electro medical equipments under Corp Doctor Plus. Any registered medical practitioner, dentist, physiotherapist or firm managed by doctors can apply. Rate of interest is 12.10%.

Under Corp Vyapar - loan for trade and business, traders/businessmen engaged in buying and selling of goods/commodities either on retail or wholesale business are eligible for the loans. The rate of interest for amount up to Rs 20 lakh is offered at 12.50% and for amount above that at 13.50%. For persons taking both Corp Home and Corp Vehicle Loan together will get an additional concession in the rate of interest on vehicle loan by 0.25%, he said.

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coastaldigest.com news network
June 2,2020

Bengaluru, June 2: A television anchor allegedly committed suicide after her boyfriend refused to marry her.

29-year-old Chandana V K made a selfie video before taking the extreme step, in which she blamed her boyfriend Dinesh for her decision.

The Suddaguntepalya police have taken up a case of abetment to suicide against Dinesh and his family, including his father Lokappa Gowda, mother Gayatri, sister Shyla and uncle Swamy alias Dayananda. The police have formed a team to nab the accused who are absconding.

Chandana, who used to also appear in real estate advertisements, was a resident of Krishnamurthy Layout in Tavarekere. She hailed from Belur in Hassan district.

According to a preliminary investigation, Chandana consumed poison after making the video.

In the video clip addressed to Dinesh, she says: "You said if I die, it is good for you. So, I am ending my life and you are the reason for it, Dinesh." She sent the clip to Dinesh, his parents, her parents and friends around 2.30 pm on May 28.

On seeing the video, Chandana's parents alerted her neighbours and asked them to go check on her. They took her to a private hospital where she died while undergoing treatment around 12.30 am on May 30.

In his police complaint, Chandana’s father said his daughter and Dinesh were in a relationship for the past five years. Dinesh had promised to marry her and both the families were aware of the relationship.

Dinesh had borrowed Rs 5 lakh from Chandana. But for the past few months, he began avoiding her and even refused to marry her. His family members told Chandana that they would get him married to someone else, the complaint said. The police said action would be initiated taken against Dinesh and his family.

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News Network
March 14,2020

Bengaluru, Mar 14: Infosys carried out evacuation at one of its satellite offices here on Friday after an employee came in contact with a suspected case of COVID-19, according to the company.

"We have taken a decision to evacuate one of our satellite buildings in Bengaluru as a precautionary measure, as one of our employees had been in contact with an individual with suspected COVID-19," the company said in its statement.

"Employees have been directed to work from home, and there is no impact on our client deliverables as a result of this temporary evacuation," it added.

On the other hand, Google also informed media on Friday that an employee at its Bengaluru office has tested positive for the COVID-19 and the firm has directed all its employees in that office to work from home as a precautionary measure.

"We can confirm that an employee from our Bangalore office has been diagnosed with COVID-19. They were in one of our Bangalore offices for a few hours before developing any symptoms. The employee has been on quarantine since then," Google had said in a statement. The search engine giant has asked colleagues who were in close contact with the employee to quarantine themselves and monitor their health.

The World Health Organisation (WHO) has declared the coronavirus outbreak a pandemic.

Coronavirus, which originated in the Wuhan city of China, has so far spread to more than 100 countries infecting over 1,20,000 people. India has reported two deaths and 82 confirmed cases of the deadly coronavirus.

The World Health Organisation (WHO) had declared the coronavirus outbreak a 'pandemic' and expressed deep concern.

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News Network
August 7,2020

Bengaluru, Aug 7: The results of Karnataka Secondary School Leaving Certificate (SSLC) examinations will be announced on Monday, August 10.

Primary Education Minister S Suresh Kumar said, "The results will be announced at about 3 pm on August 10."

This year, over 8.50 lakh students appeared for the exams amidst the Covid-19 pandemic fear across the state.

The department conducted the exams successfully despite resistance from various quarters and pressure to postpone the exams.

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