Mangaluru: SBI Home and Car Loan Utsav inaugurated
Mangaluru: Home and Car Loan Utsav of State Bank of India, Mangaluru Centre was launched here at the St Sebastian Platinum Jubilee Hall at Bendoorwell on Sunday.
Akshay Shridhar, IAS, Commissioner of Mangaluru City Corporation inaugurated the fest. He lauded the role played by nationalised banks in general and SBI in particular in nation building by delivering government schemes to people.
"Covid-19 had caused great economic depression. Now we all have to come together to rejuvenate the market. Loan Fests like these will help us achieve it" Akshay added.
Rajesh Gupta, Deputy General Manager(B&O) of SBI said that the bank staff are ready to serve the customers and make their home and vehicles dream come true. He also thanked the Builders and automobile dealers for their enthusiasm in participating in the loan fest. He said SBI will give loans at low interest rate. Dazy Kusur, Senior Officer of the Bank was present. Regional Manager Harishankar NM welcomed the gathering. Manohar proposed the vote of thanks. Geetha Kishor compered the event.
During the inauguration, Anand Fernandes and family and Mohammed Mubeen and family were handed over home and car loan papers respectively.
22 real estate companies and many automobile dealers participated in the fest. SBI is giving on the spot temporary approval for home and car loans. Those applying for loans through YONO app are being given 100% concession on processing fee.
SBI which is the only Indian Bank in fortune 500 companies has 31% market share in home loans sector of India. It is known for offering good interest rate, speedy approval, zero processing fee. These factors have made SBI the most favourite bank for home loans.
SBI is offering home loan at 6.8% and vehicle loans at 7.5% fixed Interest rate for entire duration which is the lowest in market.
Real Estate companies and automobile dealers are offering special discounts at this fest which is an added attraction. Childrens play area and food court is also provided in the fest which is attracting customers in big numbers.
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Cong's countrywide protest on Wednesday against VB-G RAM-G bill replacing MGNREGA
New Delhi (PTI): The Congress will hold protests across the country on Wednesday against the Centre's rural employment bill VB-G RAM G that seeks to replace MGNREGA, claiming it was a "BJP-RSS conspiracy" to dismantle a rights-based welfare scheme and attack Mahatma Gandhi's legacy, workers' rights and federal responsibility.
The opposition party's general secretary, organisation, K C Venugopal, in a letter to all state Congress presidents, urged them to organise protests at all district headquarters.
These protests must be held with portraits of Mahatma Gandhi, symbolising resistance to the erasure of his name and values, and highlight how the proposed law will impact the crores of beneficiaries of MGNREGA, he said in the letter.
"The combined attack on Gandhiji's legacy, workers' rights and federal responsibility exposes a larger BJP-RSS conspiracy to dismantle rights-based welfare and replace it with charity controlled from the Centre," Venugopal said.
The opposition has strongly objected to the introduction of the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, 2025, when it was introduced in the Lok Sabha by Union Minister Shivraj Singh Chouhan on Tuesday.
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The Congress and other opposition MPs also staged a protest in Parliament House complex over the Centre's move.
In the letter to the Congress state unit chief, Venugopal said that on December 28, the party's Foundation Day, programmes should be organised at all blocks and villages, with Mahatma Gandhi's portraits, reaffirming the party's commitment to the dignity of labour, social justice and the right to work.
"This is both a political and moral struggle. The Congress must lead from the front to defend MGNREGA, Gandhiji's legacy and the constitutional promise of justice for the poorest," Venugopal said in a post on X.
In his letter, he said the BJP government has taken an alarming and deliberate step by introducing a bill to repeal the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).
"This is not a routine legislative exercise. It is a calculated political move to weaken a historical, rights-based people's law and to erase Mahatma Gandhi's name and values from India's most recognisable welfare legislation.
"This combined attack on Gandhiji's legacy, rights and federal responsibility exposes a larger BJP-RSS conspiracy to dismantle rights-based welfare and replace it with charity controlled from the Centre," he noted.
