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
February 3,2026

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Dakshina Kannada MP Capt Brijesh Chowta has urged the Centre to give high priority to offshore wind energy generation along the Mangaluru coast, citing its strategic importance to India’s green energy and port-led development goals.

Raising the issue in the Lok Sabha under Rule 377, Chowta said studies by the National Institute of Oceanography have identified the Mangaluru coastline as part of India’s promising offshore wind ‘Zone-2’, covering nearly 6,490 sq km. He noted that the region’s relatively low exposure to cyclones and earthquakes makes it suitable for long-term offshore wind projects and called for its development as a dedicated offshore wind energy zone.

Highlighting the role of New Mangalore Port, Chowta said its modern infrastructure, multiple berths and heavy cargo-handling capacity position it well as a logistics hub for transporting and assembling large wind energy equipment.

He also pointed to the presence of major industrial units such as MRPL, OMPL, UPCL and the Mangaluru SEZ, which could serve as direct buyers of green power through power purchase agreements, improving project viability and speeding up execution.

With Karnataka’s peak power demand crossing 18,000 MW in early 2025, Chowta stressed the need to diversify renewable energy sources. He added that offshore wind projects in the Arabian Sea are strategically safer compared to the cyclone-prone Bay of Bengal.

Calling the project vital to India’s target of 500 GW of renewable energy by 2030, Chowta urged the Ministry of New and Renewable Energy to initiate resource assessments, pilot projects and stakeholder consultations at the earliest.

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News Network
February 3,2026

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Mangaluru, Feb 3: Kanachur College of Physiotherapy and Kanachur Hospital & Research Centre, in association with U.T. Fareed Foundation (R), organised the 11th Late Mrs. Naseema Fareed Memorial Lecture on Tuesday.

The programme was inaugurated by Dr. Subramanyam K, Head of the Department and Professor, Department of Cardiology, Srinivas Institute of Medical Sciences & Research Centre, Mangaluru. In his inaugural address, Dr. Subramanyam delivered an insightful talk highlighting the vital role of physiotherapy in modern medical care, particularly in cardiac rehabilitation, patient recovery, and improving overall quality of life through a multidisciplinary healthcare approach.

The presidential address was delivered by Dr. Haji U.K. Monu, Chairman, KIET. The keynote address was presented by Dr. Mohammed Ismail Hejamady, who spoke on the evolving scope and significance of physiotherapy.

The event was held in the presence of Mr. Abdul Rahiman, Director, Kanachur Institute of Medical Sciences, Mangaluru; Dr. Vaishali Sreejith, Senate Member, Rajiv Gandhi University of Health Sciences, Bengaluru; Dr. Sudhan S.G., Professor and Principal, Krupanidhi College of Physiotherapy, Bengaluru; Dr. Shanavaz Manipady, Dean, Kanachur Institute of Medical Sciences, Mangaluru; and Dr. Venkat Rai Prabhu, Member, Kanachur Health Science Advisory Council, Kanachur Hospital & Research Centre.

Dr. Mohammad Suhail, Dean, Kanachur College of Physiotherapy, welcomed the guests and delegates.

As part of the programme, a two-day free workshop was organised on the following topics:

•    Art of Practice in Cardiopulmonary Conditions by Dr. Sudhan S.G., Principal, Krupanidhi College of Physiotherapy

•    The Gift of Life – Organ Donation by Dr. Rohan Monis, Chief Administrative Medical Officer

•    Chest X-ray Interpretation by Dr. Hemanth, Department of Radiology, KIMS

•    Pulmonary Rehabilitation by Dr. Vijaya Kumar, Department of Respiratory Medicine, KIMS

Organisers noted that the memorial lecture series has been conducted continuously for the 11th year, benefiting interns and postgraduate students from various colleges across Mangaluru. A total of 130 delegates attended the workshop.

Dr. Reshma, Vice Principal, Kanachur College of Physiotherapy, Mangaluru, delivered the vote of thanks.

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News Network
February 1,2026

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Sunday criticised the Union Budget presented by Finance Minister Nirmala Sitharaman, claiming it offered no tangible benefit to the state.

Though he said he was yet to study the budget in detail, Shivakumar asserted that Karnataka had gained little from it. “There is no benefit for our state from the central budget. I was observing it. They have now named a programme after Mahatma Gandhi, after repealing the MGNREGA Act that was named after him,” he said.

Speaking to reporters here, the Deputy Chief Minister demanded the restoration of MGNREGA, and made it clear that the newly enacted rural employment scheme — VB-G RAM G — which proposes a 60:40 fund-sharing formula between the Centre and the states, would not be implemented in Karnataka.

“I don’t see any major share for our state in this budget,” he added.

Shivakumar, who also holds charge of Bengaluru development, said there were high expectations for the city from the Union Budget. “The Prime Minister calls Bengaluru a ‘global city’, but what has the Centre done for it?” he asked.

He also drew attention to the problems faced by sugar factories, particularly those in the cooperative sector, alleging a lack of timely decisions and support from the central government.

Noting that the Centre has the authority to fix the minimum support price (MSP) for agricultural produce, Shivakumar said the Union government must take concrete steps to protect farmers’ interests.

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