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Bengaluru, Apr 27: Lord Chancellor and Secretary of State for Justice in the United Kingdom (UK), Robert Buckland, on Sunday appreciated Karnataka Chief Minister BS Yediyurappa for the measures taken to control COVID-19 and strict implementation of lockdown in the state.

"During an interaction with Kannadigas in England, Buckland sought information about control of COVID-19 in India, especially in Karnataka. 

The Chief Minister replied to his queries and explained that effective implementation of lockdown, maintaining food and essential commodities supply chain intact and the concern of the government that no one should go hungry, has made it possible, with immense support and cooperation from people," as per a press release from Karnataka Chief Minister's Office (CMO).

Economic activities would be started according to the guidelines of the central government in a phased or graded manner in the coming days, the Chief Minister said, who also held a video conference with some people from the state, who stay in London, amid coronavirus lockdown.

During the interaction, the Chief Minister assured the Kannadigas residing abroad that they need not worry about their parents or elders in the state as their well-being would be taken care of.

He said that they can contact helpline numbers for medial and other needs.

The Chief Minister also said that the government would consider the loan repayment issues of students studying abroad availing educational loans after the situation turns to normal.

He said that the Karnataka government would be in touch with the Centre regarding the rescue of Kannadigas stranded abroad only after international flight services resume.

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.

Mangaluru, May 19: With lockdown 4.0 coming into force, the Karnataka State Road Transport Corporation (KSRTC) started bus services from Mangaluru to various destinations today.

According to officials, buses started plying from Mangaluru to Bengaluru, Mysuru, Shivamogga, Hubballi and other areas with limited passengers. A bus, which left for Bengaluru from Mangaluru had less than 30 passengers on board.

“Depending on the demand, the buses will be operated with 50% of the capacity. Measures have been taken to ensure that social distancing norms are adhered to while purchasing tickets from the counter,” said S N Arun, KSRTC Divisional Controller.

However, the KSRTC is yet to take a decision on operating Nagarasarige buses in the city. 

“Only those destinations, which can be reached by 7 pm has been considered by the KSRTC while operating the buses. As a result, after 11 am, no buses will travel to Bengaluru from Mangaluru. Further, permission will not be accorded for the travelling of pregnant women, children below 10 years old and senior citizens above 60 years old. Thermal scanning is used for checking the temperature of the passengers before boarding the buses. All the buses are sanitised after each trip,” he said.

Further, he said the contact number, name and address of the passengers are collected by the officials during the travel.