Mangaluru, June 15: Karnataka Bank, as part of its digital initiative, has unveiled yet another novel card variant ‘KBL-Deposit Only Card’, which enables hassle-free cash deposit transactions at Bank’s 24X7 e-Lobby services.

This card is specially meant for Bank’s Current/Overdraft customers and by using this card they can perform card based cash deposit transactions even with higher deposit limit at Bank’s Bunch Note Acceptor (BNA) / Cash Recycler kiosks.

The salient features of the cards are;

  • Instant Cards & issued across branch counters.
  • It can be used only for Cash Deposit transactions. (Withdrawal & Purchase transactions are not allowed)
  • Per day cash deposit limit is `10,00,000/-.
  • Multiple cards can be issued to a particular account and multiple accounts can be linked to a particular card.
  • Card will be issued to all SB/CA/OD accounts wherever PAN number is registered.

 “All the customers of Karnataka bank can avail ‘Deposit Only’ cards for remitting / depositing Cash into our 175+ BNAs / Cash Recyclers installed across the length & breadth of the country.

These unique cards will empower bank’s valued customers especially corporate customers and businessmen to deposit cash / business proceeds to their account, round the clock, even at different locations.

In future, these cards may be permitted with interoperable cash deposit (ICD) transactions i.e., cash deposit at other Banks’ BNAs/Recyclers, when NPCI ICD initiative is enabled at Bank.” said Shri Mahabaleshwara M S, Managing Director & CEO of the Bank, on the occasion of unveiling Deposit Only Card here at Bank’s Headquarters, Mangaluru.

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Mumbai (PTI): The gunning down of Badlapur case accused Akshay Shinde on Monday was the "killing of justice", said Asim Sarode, lawyer for the two minor girls he allegedly sexually assaulted.

Shinde was killed near Mumbra Bypass around 6:15pm when he allegedly snatched the gun of a policeman while he was being ferried in a police vehicle as part of a probe into a case registered on the complaint of his former wife.

After he shot and injured an API, another personnel from the escort team fired at him, and he was declared dead by doctors at a nearby hospital.

"While representing the two minor girls, I noticed it was becoming uncomfortable for the local politics of the Thane district and even for the educational institution where Akshay Shinde was working. Shinde's death in such a manner is killing of justice," Sarode told a regional news channel.

"Now, the case of sexual assault of the two minor girls will get sidelined. The case of these two minor girls was becoming difficult for the educational institute, as it is affiliated with a certain political family. Such a practice would lower the confidence of people in police and the judiciary," he claimed.

Sarode said he will be filing a plea before the Bombay High Court demanding thorough inquiry into the firing incident.

"Shinde's case could have brought up certain aspects that would have been negative politically for the government. I wonder how Shinde could access the gun and how he could unlock it when his hands were tied. This is political murder and is absolutely wrong," he said.