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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Mangaluru set to sizzle with new food streets in three key areas

coastaldigest.com news network

September 7,2024

Mangaluru: The bustling coastal city of Mangaluru is about to get a vibrant makeover with the introduction of food streets in three prime locations, courtesy of the Dakshina Kannada district administration, Mangaluru City Corporation (MCC), and Mangaluru Smart City Limited (MSCL).

These food streets aim to infuse the city's social and cultural life with new energy, while providing residents and visitors a tantalizing array of culinary delights.

The first food street, soon to be unveiled, is set to light up the area near Mangala Stadium, where around 27 food stalls will offer a range of delicious treats. According to Mayor Sudheer Shetty Kannur, the project will be spearheaded by the MSCL, which has already identified two more locations for additional food streets across the city.

“Stalls will be set up on land belonging to the Department of Youth Empowerment and Sports, right next to Mangala Stadium,” shared the Mayor. Deputy Commissioner Mullai Muhilan MP has instructed MSCL to execute the project via a tender process. Following the completion of civil works, eligible bidders will be allotted food stalls. Other food streets will come up near Mahaveer Circle (Pumpwell) and at Sharbathkatte near Karnataka Polytechnic, bringing the city’s favorite street foods closer to even more neighborhoods.

Pradeep D’Souza, Deputy Director of Youth Empowerment and Sports, confirmed that work has already begun near Mangala Stadium.

“The MSCL is making swift progress under the guidance of the Deputy Commissioner. The designated land lies between Karavali Utsav Maidan and Mangala Stadium, with permanent shops on one side and the food street to be developed on the other. The area will be equipped with essential amenities, including drinking water, electricity, and proper drainage. Cleanliness and organization will be prioritized, ensuring a welcoming atmosphere that can draw large crowds,” he said. The project is moving quickly, with completion expected in the near future.

Once completed, these food streets will not only enhance Mangaluru's charm but also provide a fresh destination for food lovers to gather, explore, and savour the diverse flavours of the city.

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