Bank to convert Khan Bahadur Hazi Abdullah Hazi Khasim Saheb Bahadur's home into 'financial temple'

September 9, 2011

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Udupi, September 9: From coins dating back to the era of Carisus (BC 55) and Augustus (BC 22 to AD 14) (contemporary of Jesus Christ) to British Raj; from currency notes with the history of all the signatories (all 22 RBI, governors) to stamps of all denominations and all varieties; and from Financial Research Centre to the Financial literacy and Credit Counselling Centre, the Corporation Bank Heritage Museum has all that a person looks forward in a banking arena. It introduces one to the world that remained unexcavated.

In fact, every brick and tile of the museum is the saga of how economic activities are strongly rooted in the layers of this soil.

The Bank has grown from a humble beginning as a “Nidhi” with a first day business of Rs 38, Annas 13 and Pies 2 (on March 12, 1906), to a business level of over Rs 2 lakh crore as on date.

The museum, which was also the home of the founder Khan Bahadur Hazi Abdullah Hazi Khasim Saheb Bahadur, who founded the Corporation Bank on March 12, 1906, was opened on March 12, 2011, on the 106th Foundation day of the bank.

The Heritage Museum building, apart from a heritage museum, also has a Financial Research Centre, Financial Inclusion resource Centre, Financial literacy and Credit Counselling Centre, Corporation Bank - Commonwealth Youth Enterprise Financing Centre and an auditorium.

Speaking to media persons, Corporation Bank Chairman and Managing Director Ramnath Pradeep said the Heritage Museum would remind the people about the path traversed by banking in the coastal district of Karnataka in general and Corporation Bank in particular, by showcasing the evolution of banking, banking instruments, records, bank notes and currency.

“Plans are on the anvil to convert the museum into a financial temple,” he said and added that more aspects would be added in the museum so that everything pertaining to banking would be available under one roof.

At present, all the 1,360 coins on display at the museum belong to its curator Radhakrishna Kumble (also bank's employee) and all the stamps on display belong to another curator M?K?Krishnayya (who is also the president of Dakshina Kannada Philatelic &?Numismatic Association).

The Bank CMD said that the bank is in the process of acquiring coins and is also in touch with other numismatists to acquire rare coins of historic value.

Historic coins

Giving details about coins, Curator Radhakrishna Kumble said that the coins on display include ancient Indian coinage, Indo-European coins, world size silver coins, East India company coins, British India coins, Roman coins, copper coins, punch marked coins and so on.

Though Kumble estimates the value of his coins (on display) at Rs 42 lakh going by the market rate, he said that the effort that has gone into collecting each coin is invaluable. Stating that half of his salary (in his career) has gone into collecting these coins, he said that he may not be able to buy a few coins even if he pools the entire salary earned in his career as a banker.

The coins displayed are mute witnesses of the financial transactions that was carried out in the period of Gautama Buddha, Mauryas, Kanishkas, Satavahanas, Khushanas, Western Kshatraps, Kadambas, Kuras, Youdheyas and many other dynasties that has left incredible mark in the cultural and historical legacy of India.

Hazi a revered man

The two-tier 4,683.5 sq ft building houses heritage museum, numismatic, notaphily centre, library and mini-theater which is dedicated to the founder of the Corporation Bank Khan Bahadur Hazi Abdullah Hazi Khasim Saheb Bahadur.

It is a general practice that nobody wears footwear inside the museum. Quoting contemporaries of Bank Founder, Curator Krishnayya said that nobody used to wear footwear in the entire lane (stretch) in front of the Founder's home (now heritage museum), if they had to cross the lane, when he was alive. Krishnayya too does not wear footwear, not only inside the museum, but also in the premises.

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News Network
November 19,2024

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The Karnataka Police’s Anti-Naxal Force (ANF) achieved a major breakthrough on Monday night by eliminating Vikram Gowda, one of Karnataka’s most wanted Naxal leaders for over two decades. The encounter occurred in the dense Kabbinale forest of Udupi district, marking a significant victory against Naxal insurgency in the region.

Who Was Vikram Gowda?

Hailing from Hebri in Udupi, Vikram Gowda, 44, was a prominent figure in the Naxal movement. He went underground in 2002, initially serving as a courier and fund collector before rising to lead a breakaway Naxal group. Despite having only a fourth-grade education, he was a staunch advocate for tribal rights and a key player in the movement’s survival in Karnataka.

Bounty: ₹3 lakh from Karnataka and ₹50,000 from Kerala.

Legacy: The last major Naxal leader in Karnataka after the 2021 arrest of B G Krishnamurthy.

The Encounter

Police revealed that Gowda and his team visited Kabbinale village to collect groceries on Monday night. Acting on a tip-off, ANF ambushed the group. When the Naxals opened fire, ANF responded, leading to Gowda's death.

Escapees: Three Naxals fled, including prominent members Latha (aka Mundgaru Latha) and Raju.

Significance: This was the first Naxal casualty in Karnataka in over two decades.

Home Minister G. Parameshwara confirmed the operation, stating, “Gowda was elusive for 20 years, escaping multiple encounters. His death is a critical step in dismantling Naxal operations in the region.”

The Decline of Naxal Activity in Karnataka

Karnataka's Naxal movement has been dwindling, with members seeking refuge in Kerala and Tamil Nadu. The group’s strength had reduced to just 19 members by 2018, but recent sightings indicate attempts at revival:

2023 Activity: Reports of Gowda-led movements in the Kodagu and Hassan districts reignited concerns.

Political Heat: The BJP criticised the Congress government, alleging it created a “safe haven” for Naxals.

A Glimpse into Gowda’s Past

Personal Life: Gowda’s ex-wife, Savitri (alias Rajita), was arrested in 2021. She was a senior Naxal commander involved in insurgency since 2004.
Rehabilitation Efforts: Since 2013, Karnataka’s rehabilitation policy has seen 14 Naxals surrender and reintegrate into mainstream society.

A Milestone in Karnataka’s Fight Against Insurgency

The operation signifies a decisive blow to Naxal resurgence in the Western Ghats. While the ANF continues its search for escapees, the Karnataka government reaffirmed its commitment to offering rehabilitation to those willing to surrender.

As Karnataka celebrates this triumph, the message is clear: there is no room for insurgency in the state.

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News Network
November 18,2024

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Mangaluru: A 14-year-old boy, Subodh, tragically lost his life after being struck by lightning while sitting outside his home in Kedila village, Bantwal taluk, on Sunday evening.

The incident occurred around 5:30 PM while Subodh, an 8th-grade student at Kalladka Shriram High School, was seated outside his house. Lightning struck him, leaving him unconscious. 

Family members rushed him to a nearby clinic and later to a private hospital in Puttur, where doctors confirmed his death upon arrival.

The boy's body was sent to Puttur Government Hospital for a post-mortem.

Tahsildar Archana Bhat has directed revenue officials to assist the grieving family. Vitla Revenue Inspector Prashanth Shetty, Village Administrative Officer Anil Kumar, Kedila Panchayat President Harish Valtaje, and panchayat members visited the family to offer their condolences and support.

This heartbreaking incident highlights the unpredictability of nature’s fury, leaving a community mourning the untimely loss of a young life.

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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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