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Tag Archives: karnataka

Karnataka Bank inaugurates three new branches

Karnataka Bank has inaugurated three new branches on November 28, 2018. The Bank has inaugurated its 825th branch at Mangaluru – Kavoor, 826th branch at Kadabagere and 827th branch at Ele Kodigehalli in the state of Karnataka. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings ... Read More »

NMDC suspends iron ore mining in Karnataka

NMDC has suspended iron ore-mining from its Donimalai mine in Karnataka following the decision of the State government to impose 80% premium on the iron ore sales from the mine. If the Karnataka government decided to stick to the 80 per cent premium, NMDC would be losing Rs 1,348 per tonne and may result in a loss of Rs 944 ... Read More »

Karnataka Bank gets nod to raise Rs 400 crore via Bonds

Karnataka Bank has received an approval for allotment of 40,000 rated, unsecured, redeemable, non convertible, Basel III compliant, lower Tier 2 subordinated bonds (Series V) in the nature of debentures (the NCDs) bearing a face value of Rs 1,00,000 lakh each, at par to the investors identified by the Committee pursuent to the resolution of the Committee dated November 15, ... Read More »

M&M planning to invest Rs 1,000 crore in Karnataka

Mahindra & Mahindra (M&M) is planning to invest as much as Rs 1,000 crore in Karnataka in order to build a facility for the development and manufacturing of electric vehicles (EVs). The company will implement the project through its subsidiary, Mahindra Electric Mobility. M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst ... Read More »

Karnataka Bank launches CASA campaign

Karnataka Bank has launched Current & Savings Accounts campaign (CASA) of FY 2018-19 and introduced a new SB scheme ‘KBL SB – TASC’ a specialized product for Trusts/Associates/Societies/Clubs. Under this nationwide campaign starting from November 15, 2018 to February 28, 2019, Bank intends to open more than 4.18 lakh Current & Savings accounts by active involvement of its 8000 plus ... Read More »

Karnataka Bank inaugurates 823rd branch in Telangana

Karnataka Bank has inaugurated its 823rd branch at Hyderabad- Hafeezpet in the state of Telangana on November 15, 2018. Earlier, the Bank had opened 822nd branch at Hyderabad- Gachibowli. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior ... Read More »

Karnataka Bank inaugurates 822th branch in Telangana

Karnataka Bank has inaugurated its 822th branch at Hyderabad- Gachibowli in the state of Telangana on November 14, 2018. Earlier, the Bank had opened 821st branch at Nettakallappa Circle in Bengaluru. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts ... Read More »

Karnataka Bank opens first digital branch in Bengaluru

Karnataka Bank has taken its digital banking initiatives to a new level by opening its first ever digital branch at Nettakallappa Circle, Bengaluru. The digital branch also happens to be the 821st branch of the bank. This digi branch is in line with transformation exercise currently pursued by the Bank to reposition the Bank as ‘Relevant and Significant Bank’ by ... Read More »

JSW Steel emerges as preferred bidder for iron ore mine in Karnataka

JSW Steel has emerged as the preferred bidder for an iron ore mine in the state of Karnataka. The cumulative revenue from the block over the period of 50 years is Rs 1,705.39 crore with an additional contribution of Rs 1,449.58 crore through auction. Besides this block, four more iron ore mines in Karanataka, were auctioned in September. JSW Steel ... Read More »

V2 Retail opens one operational retail store in Karnataka

V2 Retail has launched one operational Retail Store at Andanur Arcade, Davanagere in the state of Karnataka. With this, the company has currently 71 Retail stores that are operational. V2 Retail is one of the fastest growing Retail Company in India. The company offers a portfolio of products, including apparel and non-apparel. The company sells readymade, apparels, household merchandise and ... Read More »

Karnataka Bank inaugurates 819th branch in Telangana

Karnataka Bank has inaugurated its 819th branch at Hyderabad-Sanath Nagar in the state of Telangana on October 11, 2018. Earlier on October 10, 2018, the Bank had inaugurated its 817th branch at Gunjur, Bengaluru and 818th branch at Kurnool in the state of Andhra Pradesh. Karnataka Bank operates as a private sector bank. Its products and services include current account, ... Read More »

Karnataka Bank inaugurates two new branches

Karnataka Bank has inaugurated two new branches on October 10, 2018. The Banks has inaugurated its 817th branch at Gunjur, Bengaluru and 818th branch at Kurnool in the state of Andhra Pradesh. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency ... Read More »

Ground Report / Karnataka / Raichur / POSHAN Abhiyaan

POSHAN (Partnerships and Opportunities to Strengthen and Harmonize Actions for Nutrition in India) aims to reduce the nutrition evidence gap in India by synthesizing, generating, and mobilizing nutrition evidence. The goal of POSHAN is to enable policymakers, program implementers, nutrition researchers, and other stakeholders to readily access the latest, best evidence to support effective decisions to improve maternal and child ... Read More »

Ground Report / Karnataka / Joida / National Rural Livelihood Mission

National Rural Livelihood Mission (NRLM) is a poverty alleviation project implemented by Ministry of Rural Development, Government of India. This scheme is focused on promoting self-employment and organization of rural poor. The basic idea behind this programme is to organize the poor into SHG (Self Help Groups) groups and make them capable for self-employment. Read More »

Ground Report / Karnataka / Hassan / Digital India Mission

Digital India is a campaign launched by the Government of India to ensure the Government services are made available to citizens electronically by improved online infrastructure and by increasing Internet connectivity or by making the country digitally empowered in the field of technology. Read More »

Ground Report / Karnataka / Kumta / National Ayush Mission

The basic objective of NAM is to promote AYUSH medical systems through cost effective AYUSH services, strengthening of educational systems, facilitate the enforcement of quality control of Ayurveda, Siddha and Unani & Homoeopathy (ASU &H) drugs and sustainable availability of ASU &  raw materials. Read More »

Ground Report / Karnataka / Chamrajnagar / Deen Dayal Upadhyaya Gram Jyoti Yojana

Deen Dayal Upadhyaya Gram Jyoti Yojana is a Government of India scheme designed to provide continuous power supply to rural India.The scheme will enable to initiate much-awaited reforms in the rural areas. It focuses on feeder separation (rural households & agricultural) and strengthening of sub-transmission & distribution infrastructure including metering at all levels in rural areas. This will help in ... Read More »

Ground Report / Karnataka / Hassan / Swachh Bharat Mission

Swachh Bharat Mission (SBM) is a campaign in India that aims to clean up the streets, roads and infrastructure of India’s cities, smaller towns, and rural areas. The objectives of Swachh Bharat include eliminating open defecation through the construction of household-owned and community-owned toilets and establishing an accountable mechanism of monitoring toilet use. Read More »

Ground Report / Karnataka / Davangere / Pradhan Mantri Jan-Dhan Yojana

Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. Account can be opened in any bank branch or Business Correspondent (Bank Mitr) outlet. Accounts opened under PMJDY are being opened with Zero balance. Read More »

Ground Report / Karnataka / Koppal / Pradhan Mantri Mudra Yojana

Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of Government of India to “fund the unfunded” by bringing such enterprises to the formal financial system and extending affordable credit to them. It enables a small borrower to borrow from all Public Sector Banks such as PSU Banks, Regional Rural Banks and Cooperative Banks, Private Sector Banks, Foreign Banks, Micro ... Read More »

Ground Report / Karnataka / Kolar / Kangaroo Mother Care

Kangaroo Mother Care (KMC) is a simple method of care for low birth weight infants that includes early and prolonged skin-to-skin contact with the mother (or a substitute caregiver) and exclusive and frequent breastfeeding. This natural form of human care Introduction stabilizes body temperature, promotes breast feeding, prevents infection and other morbidities. Read More »

Ground Report / Karnataka / Koppal / National Rural Livelihoods Mission

Government of India is assisting the State Governments in reducing the incidence of rural poverty through National Rural Livelihoods Mission (NRLM). In Karnataka, the Mission is being implemented by a State government promoted society, named as, “Sanjeevini” under Department of Rural Development and Panchayat Raj (RDPR). The Society aims at improving livelihoods of the rural poor and enhance social and ... Read More »

Ground Report / Karnataka / Dharward / Pradhan Mantri Awas Yojana

Pradhan Mantri Awas Yojana (PMAY) is an initiative by Government of India in which affordable housing will be provided to the urban poor with a target of building 20 million affordable houses by 31 March 2022. It has two components: Pradhan Mantri Awas Yojana (Urban) (PMAY-U) for the urban poor and Pradhan Mantri Awaas Yojana (Gramin) (PMAY-G and also PMAY-R) ... Read More »

Ground Report / Karnataka / Kolar / Mission Indradhanush

Mission Indradhanush is a health mission of the government of India. It was launched by Union Health Minister J. P. Nadda on 25 December 2014. It aims to immunize all children under the age of 2 years, as well as all pregnant women, against seven vaccine preventable diseases. Read More »

Ground Report / Karnataka / Kolar / POSHAN Abhiyaan

POSHAN Abhiyaan (National Nutrition Mission) is a flagship programme of the Ministry of Women and Child Development (MWCD), Government of India, which ensures convergence with various programmes i.e., Anganwadi Services, Pradhan Mantri Matru Vandana Yojana (PMMVY), Scheme for Adolescent Girls (SAG) of MWCD Janani Suraksha Yojana (JSY), National Health Mission (NHM), Swachh-Bharat Mission, Public Distribution System (PDS), Department Food & ... Read More »

Ground Report / Karnataka / Bidar / Pradhan Mantri Kaushal Vikas Yojana

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE). The objective of this Skill Certification Scheme is to enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood. Individuals with prior learning experience or skills will also be ... Read More »

Ground Report / Karnataka / Koppal / Swachh Bharat Abhiyan

Swachh Bharat Abhiyan (SBA) (Swachh Bharat Mission (SBM) or Clean India Mission in English) is a campaign in India that aims to clean up the streets, roads and infrastructure of India’s cities, smaller towns, and rural areas. The objectives of Swachh Bharat include eliminating open defecation through the construction of household-owned and community-owned toilets and establishing an accountable mechanism of ... Read More »

Ground Report / Karnataka / Chickmangalur / Pradhan Mantri Mudra Yojana

Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of Government of India to “fund the unfunded” by bringing such enterprises to the formal financial system and extending affordable credit to them. It enables a small borrower to borrow from all Public Sector Banks such as PSU Banks, Regional Rural Banks and Cooperative Banks, Private Sector Banks, Foreign Banks, Micro ... Read More »

Ground Report / Karnataka / Raichur / Pradhan Mantri Jan Dhan Yojana

Pradhan Mantri Jan Dhan Yojana (PMJDY), Prime Minister’s Peoples’ Wealth Scheme, is a government scheme that aims to expand and make affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions. This financial inclusion campaign was launched by the Prime Minister of India Narendra Modi on 15 August 2014. Read More »

Ground Report / Karnataka / Mysore / Pradhan Mantri Mudra Yojana

Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of Government of India to “fund the unfunded” by bringing such enterprises to the formal financial system and extending affordable credit to them. It enables a small borrower to borrow from all Public Sector Banks such as PSU Banks, Regional Rural Banks and Cooperative Banks, Private Sector Banks, Foreign Banks, Micro ... Read More »

Ground Report / Karnataka / Udupi / Digital India

Digital India is a campaign launched by the Government of India to ensure the Government services are made available to citizens electronically by improved online infrastructure and by increasing Internet connectivity or by making the country digitally empowered in the field of technology. Read More »

Ground Report / Karnataka / Koppal / Skill India Mission

Skill India is a campaign launched by Prime Minister Narendra Damodardas Modi on 15 July 2015 which aim to train over 40 crore people in India in different skills by 2022. It includes various initiatives of the government like “National Skill Development Mission”, “National Policy for Skill Development and Entrepreneurship, 2015”, “Pradhan Mantri Kaushal Vikas Yojana (PMKVY)” and the “Skill ... Read More »

Ground Report / Karnataka / Kumata / Start Up India Scheme

Startup India is an initiative announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi.The action plan of this initiative, is based on the following three pillars: 1.Simplification and Handholding. 2.Funding Support and Incentives. 3. Industry-Academia Partnership and Incubation. Read More »

Ground Report / Karnataka /Davanagere / Pradhan Mantri Mudra Yojana

Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of Government of India to “fund the unfunded” by bringing such enterprises to the formal financial system and extending affordable credit to them. It enables a small borrower to borrow from all Public Sector Banks such as PSU Banks, Regional Rural Banks and Cooperative Banks, Private Sector Banks, Foreign Banks, Micro ... Read More »

Ground Report / Karnataka /Davanagere / Pradhan Mantri Mudra Yojana

Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of Government of India to “fund the unfunded” by bringing such enterprises to the formal financial system and extending affordable credit to them. It enables a small borrower to borrow from all Public Sector Banks such as PSU Banks, Regional Rural Banks and Cooperative Banks, Private Sector Banks, Foreign Banks, Micro ... Read More »

Ground Report / Karnataka / Koppal / Kangaroo Mother Care

Kangaroo Mother Care (KMC) is a simple method of care for low birth weight infants that includes early and prolonged skin-to-skin contact with the mother (or a substitute caregiver) and exclusive and frequent breastfeeding. This natural form of human care Introduction stabilizes body temperature, promotes breast feeding, prevents infection and other morbidities. Read More »

Ground Report / Karnataka / Hassan / Pradhan Mantri Kaushal Vikas Yojana

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE). The objective of this Skill Certification Scheme is to enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood. Individuals with prior learning experience or skills will also be ... Read More »