IOB's business crosses Rs 2, 59, 000 crore'

September 10, 2011

Mangalore, September 10: Indian Overseas Bank, which is in the midst of the Platinum Jubilee celebrations, has crossed business level of Rs 2,59,000 crore recording an increase of 35.2 per cent growth as on March 31, 2011, said M Narendra, Chairman-cum-Managing Director, IOB.

He was speaking with media persons at 'Meet the Press' programme organized by DK District Working Journalists' Association at press club here on Saturday.

He said Bank has deposits of Rs 7,037 crore, advances of Rs 4,066 crore with a total business exceeding Rs 11,103 crore.

The Chairman said that it was the endeavour of the bank to set up 55% of its branches at unbanked and underbanked areas.

The IOB Bhoomi Lakshmi was intended to give assistance to the small farmers to buy land and IOB Sagar Lakshmi to extend working capital to fisherwomen, he said.

He said the number of Automated Teller Machines would be raised from 1,210 to 3,000 at the shortest possible period.

IOB has 25 branches functioning under Mangalore Regional Office and four more branches were added. IOB is also planning to open 11 branches in and around Mangalore, he revealed.

Mr Narendra said under financial inclusion, Mangalore Region has covered 7 villages.

P B Harish Rai, President of DKWJA, Srinivas Nayak Indaje, Secretary were present.


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January 20,2020

Chamarajanagara, Jan 20: Karnataka High Court Judge P G M Patil has said that it was the responsibility of the judiciary to ensure that justice was not delayed.

He was speaking at a function marking the inauguration of the first and second floors of the district courts in Chamarajanagar town here last evening. He said that the role of the judiciary was critical in establishing justice in society and hence all efforts must be made to ensure that there was no delay in securing justice.

He observed that the district court has been provided with better amenities that should be utilized for the benefit of the public. The district is no longer backward. It has shown progress and development in recent years and has produced three HC judges, Justice Patil added.

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July 21,2020

New Delhi, Jul 21: A 42-year-old contractual doctor, who was working with Delhi government's National Health Mission, passed away yesterday due to covid-19.

Dr Javed Ali had been on the frontline in the fight against the highly contagious illness since March. He tested positive for coronavirus on June 24 and was hospitalised for treatment over the next three weeks.

For the last 10 days, he was on a ventilator. Yesterday morning, Dr Ali breathed his last at the AIIMS trauma centre. He is survived by his wife and two children - a six-year-old son and a 12-year-old daughter.

"I am proud of my husband. He kept working till the end and he is a martyr. He did not take even one day off since March. He worked even on Eid," Dr Heena Kausar, his wife, told media persons.

The cost for the initial treatment at the private hospital was also borne by the family. "No treatment cost was covered when he was at a private hospital initially. We spent around Rs 6 lakh from our own pockets," she said.

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April 25,2020

Mysuru, Apr 25: Karnataka State Road Transport Corporation (KSRTC) has converted one of its buses into a clinic in Mysuru to treat COVID-19 patients.

The mobile fever clinic has a bed for the patient and a cabin for doctor.

There is also a seating facility, medicine box, washing basin, sanitizer, soap oil, a separate water facility and fans.
According to the KSRTC, the cost of this clinic construction on a bus is Rs 50,000.

Meanwhile, 15 new positive cases were reported in the state. So far, 489 COVID-19 positive cases have been confirmed, including 18 deaths and 153 discharges in the state.

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