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
May 27,2024

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Bengaluru: Karnataka Forest Minister Eshwar Khandre on Monday said the state government will settle Rs 80 lakh unpaid hotel bill of Prime Minister Narendra Modi's stay, who arrived in Mysuru in April last year to commemorate 50 years of Project Tiger, an event organised by the Union government's National Tiger Conservation Authority (NTCA).

He was speaking to reporters at his office about the non-payment of pending bills to Radisson Blu hotel. 

"The event to celebrate the 50 years of Project Tiger was organised by the NTCA at a time when Karnataka was under the model code of conduct in view of the Assembly elections. The state government did not take part in the event. The state, however, will foot the hotel bill," he said.

The celebration had cost a whopping Rs 6.33 crore but the NTCA had paid only Rs 3 crore. "The hotel wrote to the Forest Departments as the local officials helped NTCA in coordinating the programme. By paying the bill, we will put an end to the confusion," he said.

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News Network
May 28,2024

Mangaluru: With the surge in cybercrimes in Dakshina Kannada, the police department is set to create more awareness on social media through informative short videos. These videos aim to educate the public about various cyber fraud tactics and how to avoid falling victim to them.

Awareness Campaign

Superintended of Police CB Ryshyanth announced on Monday in Dharmasthala, “We will release the videos within 10 days. These videos will be shared on social media to raise awareness about the methods fraudsters use to deceive people.”

Common Cybercrimes

The SP highlighted several prevalent cyber scams:

Part-Time Job Scams: Fraudsters lure victims with fake job offers, often asking them to write reviews.

Share Trading Scams: Malicious links promise high returns in share trading. Initially, fraudsters pay a small amount to gain the victims’ trust. However, the app showing "high returns" is a trap, and victims realize they have been duped when no actual returns are received.

Phishing Scams: Fake 'payment gateway' pages are created to trick victims into sharing their personal details, which are then used to siphon money from their accounts.

Online Market Scams: Fraudsters offer products like iPhones at significantly lower prices, only to scam the buyers.

Precautionary Measures

SP Ryshyanth urged people to be cautious and not to attend video calls from unknown persons. He also addressed the importance of CCTV cameras in commercial establishments under the Public Safety Act. “If they fail to comply, a DSP rank officer can issue a notice and impose a fine,” he explained.

The police department’s initiative aims to make the public more vigilant and knowledgeable about cybercrimes. By understanding these fraud methods, people can better protect themselves from becoming victims. Stay informed, stay safe.

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News Network
May 23,2024

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The Ministry of External Affairs has received a letter from the Karnataka government requesting the cancellation of the diplomatic passport of suspended Janata Dal Secular MP Prajwal Revanna, official sources said on Thursday. However, the diplomatic passport has not yet been canceled.

The Karnataka government's request to the Narendra Modi-led union government came after Prajwal Revanna, facing multiple charges of sexually abusing women, fled the country using his diplomatic passport last month.

"The MEA has received a letter from the Karnataka government for the cancellation of the diplomatic passport in respect of MP Prajwal Revanna. This is being processed," official sources said.

Prajwal, grandson of former Prime Minister HD Deve Gowda, is at the center of a political storm after hundreds of explicit videos allegedly featuring him leaked late last month. The 33-year-old MP faces multiple cases of rape, sexual harassment, voyeurism, and criminal intimidation.

Prajwal, the NDA nominee for the Hassan Lok Sabha seat, reportedly fled to Germany on April 27, hours before the first case was filed against him.

The Karnataka police's Special Investigation Team (SIT) is now probing the high-profile case, and a lookout notice and a Blue Corner notice have been issued to track Revanna down.

In the wake of the allegations, Prajwal Revanna said in a social media post on May 1, "As I am not in Bangalore to attend the enquiry, I have communicated to C.I.D Bangalore through my Advocate. The truth will prevail soon."

His father, HD Revanna, a JDS MLA and son of HD Deve Gowda, is also accused in cases of molestation and kidnapping. He was arrested earlier this month and is now out on bail.

The veteran leader faces a case in which a man has alleged that he was involved in kidnapping his mother, who worked as a house help at his home for six years. The complainant alleged that a video showing Prajwal Revanna sexually abusing his mother leaked recently, and his mother went missing soon after.

HD Revanna, however, has termed the case a "political conspiracy."

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