Banks in Dakshina Kannada cross Rs 25,885 crore business'

[email protected] (CD Network)
July 21, 2011
Mangalore, July 21: Banks in Dakshina Kannada district have crossed business level of Rs 25,885 crore as on March 2011. This level of business is achieved by 427 bank branches in the district which includes deposits of Rs 16,472 crore and advances of Rs 9,413 crore said JS Shenoy, Deputy General Manager, Syndicate Bank.

He was speaking at a meeting held at Taluk Panchayat here on Thursday to review the performance of the lead banks in the implementation of Credit Plan and government sponsored schemes in the Dakshina Kannada District.

Mr Shenoy said the credit deposit ratio of the district is 57 as at March 2011. There is increase in deposit by 14% and advances by 15% on year-on-year basis, he said.

As part of government of India direction 213 villages should be selected for providing banking business through business correspondents in the district through Technical Service Provider. Of these, 32 villages were already covered by bank branches, said Mr Shenoy adding that the villagers will be provided with a bio-metric card which identifies the thumb impression. He said, “This helps operation of SB accounts for receiving money under Pension schemes and wage payment under MGNREGP by the villagers without going to branches”

He said as per the Reserve Bank of India (RBI) directions, Financial Literacy and Credit Counselling Centre has been opened in the district which will take responsibility of educating the people in rural areas on various aspects of banking activities.

Mangalore MLA U T Khader raised voice against the hurdles faced by the students to get education loans from the banks. Responding to his claim, M S Hasan, LDO from RBI said that those students, who have faced misbehavior and problems by the banks, should report it Lead Bank Manager of the District.

Mr Hasan clarified no collateral surety is need for education loan up to Rs 4 lakh and urged the officials to abide by the rules.

Hemanth Bhide, Lead District Chief Manager, Syndicate bank, Executives and District Coordinators from Banks took part in the meeting.

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News Network
November 25,2024

Udupi: Six junior artists from the prequel of Kannada blockbuster film ‘Kantara’ were injured, when the bus they were travelling in overturned in the district, police said on Monday.

According to police, the accident occurred near Jadkal on Sunday night when the mini-bus carrying the crew of the film overturned.

“The incident happened while they were returning to Kollur after completing the shoot at Mudoor in Jadkal. The mini-bus was carrying 20 junior artistes when it met with the accident,” a police officer said.

The injured were rushed to hospitals in Jadkal and Kundapur for treatment, they said.

The Kollur police are investigating the matter.

"The news making rounds is completely false. The Kantara: Chapter 1 team began shooting at 06:00 AM today, and everything is proceeding as normal. A minor accident occurred 20 kilometres away from the shooting location, involving a local bus carrying some members of the Kantara team. However, no injuries were reported," a source close to the production said.

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News Network
November 17,2024

ullalpool.jpg

Mangaluru: A tragic incident unfolded on Sunday, November 17, at Vazco Resort (VAZCO), situated at Battappadi Cross Road in Someshwara on the outskirts of the city, when three young women drowned in the resort’s swimming pool. 

Disturbingly, an iPhone recording and CCTV footage captured their final moments, providing insights into the heartbreaking accident.

According to City Police Commissioner Anupam Agrawal, the tragedy occurred at approximately 10:05 AM. The victims were identified as:

Keerthana N (21) from Devaraj Mohalla, Hebbal Second Stage, Vijayanagar Post.
Nishitha M.D (21) from 4th Cross, Kuribarahalli, Mysuru.
Parvathi S (20) from Ramanuja Road, K.R. Mohalla, Mysuru.

Sequence of Events

The three women had checked into Room No. 2 of the resort on the morning of November 16 and stayed overnight. On Sunday morning, around 10 AM, they entered the swimming pool to play. Reports suggest that they placed their clothes poolside and set an iPhone to record the activity.

Initial findings indicate one woman slipped underwater and began to struggle. When the second attempted a rescue, she too drowned, followed by the third woman. Within minutes, the tragedy claimed all three lives. CCTV footage from the resort corroborates the sequence, showing the young women struggling before succumbing to the water.

Investigation Underway

The resort staff discovered the lifeless bodies and immediately raised the alarm. Ullal Police Inspector H N Balakrishna and his team are conducting an investigation. Preliminary reports suggest the women were non-swimmers, and the lack of safety measures contributed to the tragedy.

The resort is owned by Manohar, as per police records. While the formal case is yet to be registered, the incident has raised serious questions about safety protocols at resorts offering pool facilities.

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News Network
November 14,2024

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Thursday backed Chief Minister Siddaramaiah over his claim that the BJP had offered Rs 50 crore each to 50 Congress MLAs in an attempt to "topple" the state government.

Addressing reporters here, Shivakumar, also the Congress state president, said, “The BJP indeed lured 50 Congress MLAs with Rs 50 crore each.”

He defended Siddaramaiah’s statement and said the Congress MLAs were briefed about the BJP’s alleged 'Operation Lotus', a term used to describe the BJP's attempts to destabilise ruling governments through horse-trading.

“Some of our MLAs informed the Chief Minister about this matter, and he, in turn, shared it with the media,” Shivakumar said.

At an event in Mysuru, Siddaramaiah reiterated the claim that "none of the Congress MLAs had accepted the offer".

He also accused the BJP of filing false cases against him in a bid to "remove him and overthrow his government".

The BJP has yet to respond to the allegations.

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