Banking business in DK surpasses Rs 34,600 crore

[email protected] (CD Network, Photos by Suresh Vamanjoor)
November 9, 2012
Mangalore, November 9: The banking sector in Dakshina Kannada witnessed a business growth of 27 per cent achieving a level of Rs 34,645 crore on June 30 this year.

 

Announcing this at a review committee meeting on performance of banking sector during the first quarter of 2012-13, Deputy General Manager of Syndicate Bank stated that growth in deposit of rural branches was nearly 41 per cent surpassing that of branches in urban areas which registered growth of 28 per cent.

 

Chief Manager of Lead Bank (Syndicate Bank) Hemanth Bhide said that banks have surpassed statutory targets with regard to lending to priority sector, farm sector, weaker-section advance, lending to minorities and credit to women. Banks have surpassed quarterly targets under schemes like Udyogini for women beneficiaries, Chaitanya for backward classes, Swawalambana for minorities, Tribal Sub Plan for scheduled tribes and Special component scheme for scheduled castes.

 

Asst General Manager of NABARD Prasad Rao observed that the district has potential to emerge as a major centre of goat farming in the country in the near future.

 

Project Director of District Urban Development Centre Takat Rao said that progress under 'Namma Mane' needs to be improved and requested controlling offices of banks to sensitise branches about the scheme.

 

Presiding over the meeting, CEO of Zilla Panchayat Dr K N Vijayprakash said that the pending level was very high under Vajpayee Housing Scheme and requested controlling offices of banks to ensure credit decisions on applications were taken by branches within 15 days. He observed that the decision taken on promoting goat farming in the district had started yielding results and complimented the bankers and entrepreneurs for the initiative.

 

Manager of Reserve Bank of India, Bangalore, Vijaykumar A, shared his opinions on the occasion. Lead District Chief Manager proposed vote of thanks.

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News Network
September 12,2024

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Mysuru: More than 50 people have been arrested in connection with the riots between two groups of different faiths, at Nagamangala town, Mandya district, over the Ganesha idol procession, on Wednesday night.

High drama prevailed in front of the Nagamangala town police station on Thursday morning, with women belonging to both Hindu and Muslim communities staging a protest against the arrest of their family members and demanding their release.

The two groups started arguing over the Ganesha idol procession on the Mysuru-Nagamangala road, near a 'dargah'. This soon turned violent with stone being pelted. Reports said that around 25 shops were also set on fire.

Several vehicles were damaged and torched by the mob. However, police intervened and brought the situation under control, deploying additional police forces.

Holiday has been declared to schools and colleges in Nagamangala town until further notice. Police have imposed section 144 till 12 noon of September 14.

SP Mallikarjuna Baladandi, IGP (Southern Range) Boralingaiah, DC Kumar and other officials visited the spot.

District incharge Minister N Chaluvarayaswamy visited the spot on Thursday morning and took stock of the situation. Speaking to reporters he said, the incident was unfortunate.

"The clash which started around 9 pm on Wednesday, flared up with miscreants setting fire, damaging shops and vehicles in the town. There is no need for anxiety. Additional police forces have been deployed in the town and the situation is under control now," he said.

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September 16,2024

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Mangaluru: Police have arrested five miscreants belonging to saffron outfits for pelting stones at a masjid at Katipalla near Surathkal on the outskirts of the city last night. 

The arrested have been identified as Bharat, Chennappa, Nitin, Manu and Sujit all residents of Surathkal and surrounding areas. Among them, Bharat is said to be a rowdy sheeter. 

The miscreants, who came on two motorbikes late on Sunday night, pelted stones at Masjidul Huda, located at 3rd block of Katipalla on the eve of Miladunnabi.  

Confirming the incident, City Police Commissioner Anupam Agrawal said that investigation is in progress and a case has been registered at Surathkal police station.

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News Network
September 19,2024

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In a grand celebration of patriotism and local pride, Karnataka’s second tallest flagpole, and the tallest in Dakshina Kannada, was officially inaugurated on Wednesday, September 18, at the iconic Kadri Park in Mangaluru.

The event, a significant milestone in the city's Smart City journey, was graced by several prominent leaders. MP Capt Brijesh Chowta, a distinguished guest at the inauguration, spoke passionately about the symbolic importance of the flag. "This towering structure, made possible through the Smart City initiative, elevates the pride of every Indian. Since Prime Minister Narendra Modi took office, national sentiment has deepened. The national flag is not just a symbol, it embodies our self-respect and unity as a nation."

MLA Vedavyas Kamath shared his enthusiasm for the project, emphasizing its importance beyond mere construction. "The flagpole at Kadri Park, funded under the Smart City project, will not only serve as a beacon of patriotism but will also become a significant attraction, enhancing the city's tourism appeal."

Adding to the sense of occasion, Mayor Sudhir Shetty proudly highlighted the monument's grandeur. "Standing at an impressive 75 meters, second only to Belagavi's 110-meter flagpole, this new landmark is a testament to Mangaluru's growth and aspirations. The project, which cost Rs 75 lakh, will feature an advanced lighting system, ensuring it shines brightly, day and night, as a symbol of our national pride."

The ceremony saw the attendance of key dignitaries, including Deputy Mayor Sunita, Standing Committee President Bharath Kumar, Varun Chowta, Ganesh Kulal, MCC opposition leader Praveen Chandra Alva, MCC member Shakeela Kava, former Mayor Jayananda Anchan, Bhaskar K, and former MUDA president Ravishankar Mijar, each contributing to the significance of the occasion.

This towering flagpole, nestled amidst the serene beauty of Kadri Park, is set to become a new emblem of Mangaluru's spirit, uniting both locals and visitors in shared pride and patriotism.

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