Banks geared up for last day for receiving banned notes

December 30, 2016

Bengaluru, Dec 30: With just a day left for depositing the demonetised notes, banks across the city witnessed a huge rush as large number of people came to deposit Rs 1,000 and Rs 500 currency notes.

Banks

One of the persons who came to deposit scrapped notes said that he had to take half-a-day leave to visit the bank.

“I had few thousand rupees. I took half-day leave, stood in a queue and deposited the money. From January 1, I was told that we have to explain the reason for holding the banned notes or may face penalty.”

The deadline for depositing old currency in bank or post office accounts expires on Friday. But one can deposit the banned notes up to March 31, 2017, in select RBI counters.

“We had a tough day as people came in large numbers to deposit notes. The crowd was so much that we stopped all other work and concentrated only on accepting old notes,” a top official from a public sector bank told DH on condition of anonymity.

Many bankers are disappointed over the RBI issuing frequent notifications on demonetisation. “We don't know what is there on December 31 or January 2, 2017. Our system gets blocked simultaneously. We are finding it difficult to cope with such frequent notifications from the central bank,” the official added.Holding old notes beyond a threshold may attract fine up to Rs 10,000 or five times the cash held.

Another top banker said, “For us, Thursday was a normal day. However, on Friday, we are expecting more crowd as it is the last day for depositing demonetised notes. We are prepared for it. Hopefully, there will be no fresh notification by the RBI.”

A banking expert said that all customers must find time and deposit by Friday. Henceforth, they have to visit the RBI which will see serpentine queues.It is only in the metro cities, where people are still holding old notes, he said.

“A majority of the customers in small towns have already deposited old notes and they are now visiting banks to withdraw money from their accounts,” said Purushotham A?P, the manager of IDBI Bank, Chitradurga branch.

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News Network
April 12,2024

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Bengaluru, Apr 12: The two men who allegedly plotted and executed the blast that rocked Rameshwaram Cafe in Bengaluru last month have been arrested from Kanthi in Bengal's East Midnapore district, the National Investigation Agency said Friday morning. 

Mussavir Hussain Shazeb and Abdul Matheen Taha were caught after a joint operation by central intelligence agencies and police from Bengal, Karnataka, Telangana, and Kerala, and are en route to Kolkata, the anti-terror agency said in a statement.

The available evidence indicates Shazeb planted the explosive device, placed inside a backpack, at the popular eatery. Taha was responsible for planning the attack and for their disappearance.

These are the second and third arrests in this case; last month Muzammil Shareef, who extended logistical support to the Shazeb and Taha, was taken into custody.

Residents of Karnataka's Shivamogga district, Shazeb and Taha were traced to Kanthi after officials conducted searches at 18 locations across Karnataka, Tamil Nadu, and even Uttar Pradesh.

The blast at Bengaluru's Rameshwaram Cafe on March 1 injured 10 people, customers and staff.

Fortunately there were no deaths; the bag containing the explosives was placed in a relatively less crowded area and against a large pillar that absorbed the brunt of the explosion.

After the blast, the NIA released photos and videos of the accused, as seen on CCTV cameras across Bengaluru. In one such clip, the accused - wearing a face mask - was seen boarding a bus.

The agency had declared a reward of ₹ 10 lakh for information leading to the arrest of each accused. The agency had also questioned their acquaintances, including college and school friends.

The Rameshwaram Cafe, which suffered extensive damage after the blast, reopened eight days later, with enhanced security measures including metal detectors.

BJP’s reaction

The Karnataka BJP on Friday attacked the Siddaramaiah government after the arrest of two men by the NIA in the Bengaluru cafe blast case, saying that the terrorists were 'brothers' of the Congress.

Taking to social media, Karnataka BJP stated, “National Investigation Agency (NIA) detains ‘Brothers’ of Congress in Rameshwaram Blast case. Ever since Jihadi Tipu Sultan’s admirers came to power in Karnataka, terrorists have got a free ride.”

“Chief Minister Siddaramaiah’s ‘Ease of Doing Terror’ Policies have prompted ISIS to now set up its shop in Karnataka. The only guarantee that CM Siddaramaiah has fulfilled is converting prosperous Karnataka into a terror hub,” the BJP stated.

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News Network
April 13,2024

Mangaluru, Apr 13: Prime Minister Narendra Modi is all set to campaign for the upcoming and much awaited Lok Sabha election in coastal Karnataka by holding a mega roadshow in Mangaluru. 

Meanwhile, the organisers have announced a slight delay in the commencement of Modi's scheduled roadshow on April 14 in Mangaluru.

Addressing the media BJP principal secretary and Karnataka MLA V Sunil Kumar said: Originally the roadshow was scheduled to begin at 5 pm., but it will start at 7:30 pm."

As planned, the Roadshow will kick off from Narayan Guru Circle, where Prime Minister Modi will pay floral tribute to Sri Narayan Guru idol. From there, the Roadshow will proceed and conclude at Navabharat Circle. 

Mr Kumar urged people traveling to Mangaluru to see Mr Modi's visit by 7 p.m. and stand behind the barricades. The roadshow is estimated to conclude at 8:30 pm.

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News Network
April 5,2024

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Bengaluru: Actor-turned-politician and independent MP from Mandya in Karnataka Sumalatha Ambareesh on Friday joined the BJP.

Veteran BJP leader B S Yediyurappa, state President B Y Vijayendra, Leader of Opposition in the state Assembly R Ashoka, national General Secretary in-charge of elections in Karnataka Radha Mohan Das Agarwal and former Chief Minister D V Sadananda Gowda were among those who welcomed the 60-year-old into the party fold at its state headquarters here.

With BJP ceding Mandya seat to its alliance partner JD(S) in the upcoming Lok Sabha polls, Sumalatha, after consulting her supporters and wellwishers in Mandya, on Wednesday announced her decision to opt out of the elections, and join the BJP.

The wife of popular film star M H Ambareesh, Sumalatha had earlier staked claim for BJP ticket for re-election from the Mandya seat that was represented by her late husband in the past. But the party convinced her and gave it to JD(S).

JD(S) state President and former Chief Minister H D Kumaraswamy is now the alliance's joint candidate from Mandya.

Kumaraswamy on Sunday met Sumalatha, and sought her cooperation in the polls.

As an independent candidate, Sumalatha had won the seat in 2019 by defeating the then Chief Minister Kumaraswamy's son Nikhil Kumaraswamy of JD(S), by a margin of 1,25,876 votes, with the BJP's support.

It was a bitterly fought election back then. The JD(S) was in an alliance with the Congress at the time.

Sumalatha entered politics in 2019 and plunged into the poll arena as an independent, after the Congress, of which her late husband was a part, denied her the ticket, as the party had ceded the Mandya seat to its then alliance partner JD(S). Both parties were then running a coalition government under Kumaraswamy's Chief Ministership.

Late Ambareesh had served as MP, MLA and Minister in Karnataka and at the Centre in the Congress governments. He was also part of Janata Dal in the past.

In the 2019 polls, Sumalatha rode on a sympathy wave following the death of her husband, who was an icon of sorts in Mandya district.

Popular Kannada film stars like Darshan Thoogudeepa and Yash (Naveen Kumar Gowda), along with her son Abishek Ambareesh had extensively campaigned for her then. 

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