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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Hyderabad (PTI): The Telangana Commission for Backward Classes on Monday sought reports from state government officials on the death of an infant following alleged assault and caste abuse against her family members in Nagarkurnool district while visiting a temple fair.

In separate letters, Commission Chairman G Niranjan urged Endowments Department Commissioner S Harish and Nagarkurnool district Collector Badavath Santhosh to furnish the reports within three days.

Niranjan drew the officials' attention to media reports on the death of the two-month-old baby at Kummera village in the district and alleged caste discrimination and denial of entry to the temple fair to the baby's family belonging to a BC community.

BJP OBC Morcha's state unit president G Anand Goud alleged inadequate response by the police in the incident and demanded a transparent investigation into the incident.

Alleging that the deceased baby's father was attacked in the incident, he also demanded action against the attackers.

Goud told reporters that BJP's state unit president N Ramachander Rao would visit the village on February 24 and meet the baby's family members.

Meanwhile, a BRS delegation met DGP B Shivadhar Reddy and demanded a comprehensive inquiry into the incident.

The BRS leaders sought action against a person who allegedly attacked the infant's parents.

BC associations have held protests over the past few days regarding the alleged caste discrimination against the deceased infant's family members.

Police said on Sunday that four persons were arrested in connection with the cases registered after the family alleged that the baby died following an "assault" by a group of villagers. The family also alleged that they were abused in the name of caste in the incident on February 18.

However, a villager, part of the group, lodged a counter-complaint with the police the same day, alleging that he was attacked with stones during a scuffle with the family, sustaining a head injury, following which a case was registered.

The infant died on February 21 and her mother, who belongs to an SC community, also lodged a complaint alleging her daughter died due to the physical assault on the family by some villagers, police said.