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
December 2,2025

Puttur: The long-cherished dream of a government medical college in Puttur has moved a decisive step closer to reality, with the Karnataka State Finance Department granting its official approval for the construction of a new 300-bed hospital.

Puttur MLA Ashok Kumar Rai announced the crucial development to reporters on Monday, confirming that the official communication from the finance department was issued on November 27. This 300-bed facility is intended to be the cornerstone for the establishment of the government medical college, a project announced in the state budget.

Fast-Track Implementation

The MLA outlined an aggressive timeline for the project:

•    A Detailed Project Report (DPR) for the hospital is expected to be ready within 45 days.

•    The tender process for the construction will be completed within two months.

Following the completion of the tender process, Chief Minister Siddaramaiah is scheduled to lay the foundation stone for the project.

"Setting up a medical college in Puttur is a historical decision by the Congress government in Karnataka," Rai stated. The project has an estimated budget allocation of Rs 1,000 crore for the medical college.

Focus on Medical Education Department

The MLA highlighted a key strategic move: requesting the government to implement the hospital construction through the Medical Education Department instead of the Health and Family Welfare Department. This is intended to streamline the entire process of establishing the full medical college, ensuring the facilities—including labs, operation theatres, and other necessary infrastructure—adhere to the strict guidelines set by the Medical Council of India (MCI). The proposed site for the project is in Bannur.

Rai also took the opportunity to address political criticism, stating that the government has fulfilled its promise despite "apprehensions" and "mocking and criticising" from opposition parties who had failed to take similar initiatives when they were in power. "Chief Minister Siddaramaiah has kept his word," he added.

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News Network
November 24,2025

Mangaluru, Nov 24: The original departure time of 11.10 pm was a distant memory for scores of Dammam-bound passengers at Mangaluru International Airport last Friday night, as their Air India Express flight was abruptly cancelled at the eleventh hour, sparking hours of frustration and chaos.

The flight, IX 885, initially scheduled to depart at 11.10 pm on November 22, was subject to two back-to-back reschedules—first pushed to 11.45 pm and then significantly postponed to 1.40 am—before the final, crushing announcement of cancellation was made. For the travellers, many of whom are likely expatriate workers with tight schedules, the last-minute change marked the beginning of a distressing ordeal.

"There was no drinking water, no food, and absolutely no proper guidance. We were left stranded like refugees," complained a stranded passenger.

According to multiple passenger accounts, the airline's ground staff failed to provide adequate support or essential amenities following the cancellation. Complaints poured in about the total absence of drinking water, food provisions, and any reliable guidance from the carrier's representatives. Travellers alleged they were left stranded for a considerable period, with no immediate arrangements or clear communication offered regarding accommodation or alternative travel to send them back home.

The incident has highlighted serious concerns over the carrier's contingency planning and customer service protocols during flight disruptions at one of India's key international gateways. The airline is yet to issue a comprehensive statement addressing the alleged lapse in passenger care.
 

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News Network
November 30,2025

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Mangaluru, Nov 30: A 22-year-old college student succumbed to her injuries at a private hospital in Mangaluru today, days after she was hit by a goods tempo while crossing a road in Padubidri.

The deceased has been identified as Preksha, a resident of Nadsalu Billitota in Padubidri. The fatal incident occurred as Preksha, who was returning home after completing her examination, attempted to cross the service road towards Mangaluru. She was struck by a goods tempo approaching from the Udupi side, causing her to fall and sustain a severe head injury.

Prompt action from local residents ensured she received immediate first aid before being rushed to a hospital in Mangaluru for specialised treatment. Despite medical efforts, she passed away while undergoing care.

Preksha was a student at Karavali College, Vamanjoor on the outskirts of Mangaluru city. The tragedy is compounded by the fact that she belonged to a financially vulnerable family, having previously lost her father. She is survived by her mother and brother.

A case related to the accident has been registered at the Padubidri police station, and an investigation is underway to determine the exact circumstances that led to the collision. The incident highlights the growing concerns over road safety, particularly on busy service roads, and serves as a tragic reminder of the human cost of traffic accidents.

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