Belagavi, Dec 12: Senior Legislator K Pratapchandra Shetty of Congress was unanimously elected as Karnataka Legislative Council Chairman here on Wednesday during the ongoing Winter Session at Suvarna Vikas Soudha.
Mr Shetty was the lone candidate who had filed his nomination papers yesterday. The senior leader from Udupi has been a four-time MLA and three time MLC.
Senior member of the house and former Minister S R Patil and Allam Veerbhadrappa, both from Congress proposed Mr Shetty's name.
Mangaluru, Feb 6: Over 1500 students and teachers are expected to take part in a three-day State-level conference of the Akhil Bharatiya Vidyarthi Parishat (ABVP) starting on Friday here.
Reception Committee chairman K.C. Nayak and secretary Shantharama Shetty told reporters here today that Deputy Chief Minister C.N. Ashwath Narayana would inaugurate the conference at the Kudmul Ranga Rao Town Hall.
The former ABVP national president and former Nagaland Governor P.B. Acharya would preside over the programme that would be attended by Mangalore University Vice-Chancellor P.S. Yadapadithaya, ABVP national organising secretary Ashish Chauhan and others.
In this conference students will be taught about how to attack on universities and how to spread the communal agenda of ABVP.
Mangaluru, Jul 15: The Mangaluru city police arrested three people in connection with the murder of Adyar Gram Panchayat member Yaqoob, which took place on Friday last week. Personal enmity and financial issues are the reason behind the murder, said police.
The arrested accused are Shakir, Haneef and Shakir Ahmed, all residents of Adyar.
According to police, the main accused Shakir, who was involved with the sand mafia and had other business interests had financial issues, and personal enmity with Yaqoob, a GP member backed by the BJP.
The investigating officer said they were produced before the court through video conference. They have been remanded in police custody for undergoing testing for Covid-19. They will be again be produced before the court physically, only if they test negative.
New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.
"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949.
This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.
According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.
Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.
After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.
This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
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CONGRATULATIONS AND ALL THE BEST ON THE OCCASSION OF ELECTED KARNATAKA SPEAKER.
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