2 DBUs of Karnataka Bank begin working
Mangaluru, Oct 16: Two digital banking units (DBUs) of the city-based Karnataka Bank started functioning on Sunday, with Prime Minister Narendra Modi dedicating to the nation 75 DBUs of various banks via video-conferencing from New Delhi.
All the 75 DBUs were dedicated to the nation by the Prime Minister in the presence of Union Finance Minister Nirmala Sitharaman and RBI governor Shaktikanta Das at a function in the capital.
The DBUs provide banking products and services to customers in self-service as well as assisted (digital) mode in an efficient, paperless, secured and connected environment. The DBUs shall also promote financial inclusion and digital banking literacy in the district concerned.
The two DBUs atarted functioning today at Airport Road, Yeyyadi in Mangaluru and Vijayanagara first stage in Mysuru, a bank release here said.
Speaking at a function, bank CEO and chairman M S Mahabaleshwara said it is a matter of pride that the bank has been chosen for opening two DBUs. The recognition is special as the bank is stepping into its centenary year, he said.
Nalin Kumar Kateel MP, Bharat Shetty MLA, Prathap Simha Nayak MLC and city mayor Jayanand Anchan were among those present.
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Several residential buildings in Bahrain’s Manama targeted, reports say
Bahrain: Several residential buildings in Bahrain were reportedly targeted on Saturday, Al Jazeera reported, quoting a fresh update from the Interior Ministry of Bahrain.
According to the report several residential buildings in the capital, Manama were targeted.
The Minister further stated that, “Civil Defence continues with firefighting and rescue operations at the affected sites. Further details will be released later.”
