Mandya Feb 16: Cauvery Hitarakshana Samiti president G Madegowda expressed satisfaction over the Supreme Court verdict on Cauvery river water sharing dispute.
Speaking to reporters at Mandya, he added that meeting will be called soon to discuss next steps.
Gowda said that expansion of agricultural land acreage, usage of drinking water and other pertinent matters will be discussed during the meeting with various like-minded organisations fighting over Cauvery water issue.
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.
Mangalore, Jun 3: One man was arrested by the Crime Branch of city police from Mangalore for allegedly having links with gangster Ravi Pujari, Joint Commissioner of Police (Crime) Sandeep Patil said on Wednesday.
According to the police, the man identified as Ghulam has been sent to 10-day police custody.
"During the investigation of a case related to Ravi Pujari, it was found that one Ghulam is a close associate of Pujari and had helped him in extortion and other illegal activity. Ghulam was arrested from Mangalore. He was produced before a court and sent to 10-day police custody," Patil said.
The senior police officer said that further investigation is on in the matter.
Pujari, who was wanted in several cases including ones related to heinous crimes like murder and extortion, was brought to Bengaluru earlier this year from Senegal. He had reportedly gone underground two decades ago and had allegedly been carrying out illegal activities from abroad.
Bengaluru, May 5: Karnataka Education Minister, S Suresh Kumar on Monday announced that the SSLC exams will be held as soon as possible, the officials have been asked to be prepared.
The guidelines have been given by the Primary Education Minister to all Deputy Directors of Education departments.
"Sanitisers, masks, screening, and all guidelines will be followed at exam halls," said Kumar in a statement.
Meanwhile, Karnataka has reported 651 COVID-19 positive cases so far, said State Health Department said on Monday.
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