No anti-Cong wave; anti-BJP wave in Karnataka says Siddaramaiah

DHNS

December 21, 2017

Bengaluru, Dec 21: Karnataka Chief Minister Siddaramaiah said that there was no anti-incumbent government wave in Karnataka, but an anti-BJP/Modi wave in the state which goes to polls in April-May 2018.

He was addressing a Congress rally in Belagavi on Thursday.

Siddaramaiah said that both Amit Shah and Prime Minister Narendra Modi had an eye on Karnataka, given the upcoming polls.

But Modi charm that was evident in the last Lok Sabha polls had declined.

"The recent Gundlupet and Najanagud bye-elections are proof of the fact the voters now prefer Congress," he asserted.

The CM decried BJP's 'Hindutva' stance and questioned if the party 'solely owned Hindutva'?

Siddaramaiah said that the state government had waived off farmers' loans and the centre had done no such thing though State BJP President Yeddyurappa had gone public stating that he would move the centre to contribute to the effort.

"Former PM Manmohan Singh had waived farmers' loans. Let Yedyurappa gherao the Parliament now, if he wants to," the CM taunted.

Siddaramaiah called upon voters not to allow 'communal BJP or Opportunistic JD(S) to come to power'.

Comments

No use of both waves.. People are not benefited with that.. But in karnataka some more better is congress

Actually people want to avoid both these waves

Modi hatred reflected in Gujarat election. BJP lost around 50 seats including some major

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Karnataka Bank reports over Rs 285-cr fraud in four loan accounts

News Network

June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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Bhatkal: All those who returned from abroad after Mar 15 to be shifted to quarantine facilities

News Network

March 30,2020

Bhatkal, Mar 30: Uttara Kannada district administration has decided to shift all those Bhatkal residents who have returned from abroad after March 15 to quarantine facilities in Bhatkal town to avoid further family contacts, Deputy Commissioner of Uttara Kannada K Harish Kumar said on Monday.

“All primary contacts identified are already in government quarantine facilities,” he said in a communique.

All people must cooperate to maintain social distancing to avoid further spread of COVID-19, he added.

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These private hospitals in Mangaluru and Udupi can now treat covid patients

coastaldigest.com web desk

June 21,2020

Mangaluru, Jun 21: A total of 51 private hospitals and medical colleges empanelled under the Suvarna Arogya Suraksha Trust (SAST) have been allowed to treat Covid-19 patients in Dakshina Kannada and Udupi district. Among them 30 are in Dakshina Kannada and 21 are in Udupi. Here is the full list:

Also Read: 518 private hospitals across Karnataka can now treat covid patients