Mysuru limps back to normalcy; RAF takes out flag march

March 16, 2016

Mysuru, Mar 16: Mysuru limped back to normality on Tuesday, a day after violence gripped the city during the bandh called by the Bharatiya Janata Party to protest the murder of its party activist Raju.

Hundreds of police personnel, including the Rapid Action Force (RAF), on Tuesday took out a flag march in trouble-hit Kyatamaranahalli and surrounding areas under Udayagiri police limits here.

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DCP (law and order)?H?T?Shekar, who led the march along with SP?Abhinav Khare, told media that two companies of RAF from Coimbatore in?Tamil Nadu had arrived in the city to boost people's morale in the tense areas.

A flag march was taken out from D?Banumaiah Polytechnic College and culminated at the same spot, after passing through Basappaji Circle, Rajapatha Circle, Syed Abdul Rahman Road, Azeez Sait double road (Mahadevapura main road), Sultan Road, Usmania Masjid junction, Harischandra Ghat road, Kyatamaranahalli, disputed Alim Sadhiya Mosque junction, PF office road and Azeez Sait double road.

Apart from 240 RAF personnel that included women with self-loading rifles (SLRs), five battalions of district armed reserve (DAR) police personnel, three belonging to Karnataka State Reserve Police (KSRP)?force, mounted police and 150 other police personnel took part in the march. Vajra, an armoured vehicle of RAF, accompanied the marching contingents. Even two days after the BJP worker's murder, an eerie calm prevailed in Kyatamaranahalli and surrounding areas. Barring MG?Road near Lal Bahadur Shastry Circle, where normalcy returned, a majority of shops remained shut and houses were found bolted from inside on Kyatamaranahalli main road.

Though some shopkeepers resumed business at Tent Circle in Kyatamaranahalli, anxiety was writ large on their faces.

Except a few local people, police dotted the roads, with prohibitory orders under Section 144?CrPC extended till March 16 midnight.

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Comments

All these things are happening in our great secular country only for political gains, Just image if no communal agenda/ no communal clashes/ no innocent people killing in the name of religion then do you think 80 % these elected MPs and MLAs will get elected either for Lokha sabha or in state politics??? these 80% elected with communal agenda never deserve even for office attender post!! Only God can save this country from these criminals.

All the dogs will wag their tails once they see AK - 47....

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Hemant Nimbalkar urges people to avoid fake news on COVID-19

News Network

April 5,2020

Bengaluru, Apr 5: Fake news spreads faster and more easily nowadays through the internet, social media and instant messaging and such news about the COVID-19 pandemic have been labeled a dangerous “infodemic”.

These messages may contain useless, incorrect or even harmful information and advice, which can hamper the public health response and add to social disorder and division.

Asking people to avoid fake news on COVID-19, Hemant Nimbalkar IPS, IGP and Additional Commissioner of Police (Administration), shared a photo on his Twitter page and wrote, “One Mask For Ear Too"

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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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