Udupi, August 29: Mangaluru Catholic Cooperative Bank newly elected president Anil Lobo said that the bank has planned to take up various projects including opening a regional office at Udupi and branches in other places and generating job opportunities to the youth in the next five years.

Speaking to reporters after taking charge as the president at the bank auditorium here on Wednesday, he said that the main objective of the management board was to take the bank to progress for which all efforts would be made. Currently, only head office of the bank has the ATM facility and now the RBI has given permission to open four more ATM outlets in its four branches, he said.

It was also be used to conduct skill development programmes for employees, revising their salaries, opening savings bank accounts for the students above 18 years of age and taking up community development with the help of CSR funds. During management board elections, he had made lot of promises and he would make honest efforts to fulfill them, Lobo said.

Newly elected vice president Jerald Jude D'Silva, former president Francis Kutinha, bank general manager Sunil Minejas and others were present.

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



Nagpur (PTI): A student was killed and several students and teachers were injured as the bus carrying them to a picnic spot overturned near here on Tuesday morning, police said.

The accident took place when students and teachers of Saraswati High School in Shankar Nagar area here were heading for a picnic spot in neighbouring Wardha district in five buses.

One of the buses, with some 50 persons on board, overturned near Deoli Pendhari village on Hingani Road in a hilly section on the outskirts of the city, said an official of Hingna police station.

The deceased boy was a Class 7 student, he said, without disclosing the name. A girl and a teacher sustained severe injuries and were rushed to the All India Institute Of Medical Sciences, Nagpur, while others were taken to a nearby rural hospital.

Investigation is underway to determine the cause of the accident, police said.