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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New Delhi (PTI): Delhi High Court Judge Justice Swarana Kanta Sharma on Monday said that she would pronounce her verdict at 4.30 pm on pleas by Arvind Kejriwal and others seeking her recusal in the liquor policy case, as she took on record additional pleadings by the AAP chief on his plea.
Justice Sharma said although the pronouncement was scheduled for 2:30 pm, she was "going out of her way" in accepting Kejriwal's rejoinder as a written submission in the matter.
The former chief minister virtually appeared before the judge through video conferencing and urged her to take on record his rejoinder to the written submissions filed by the CBI.
Even as Kejriwal asserted that the registry's refusal to take his rejoinder on record was "miscarriage of justice", Justice Sharma remarked that since he was not being represented by a lawyer, the court went "out of its way" for him when it permitted him to file his additional affidavit last week even after the order on the recusal issue was reserved.
The judge said that as per the registry's rule, a party in-person must take permission from the court to file anything and since the present case was not "extraordinary", the same practice was being followed.
She added that in law, there is no concept of filing a "rejoinder" to the opposite party's written submissions, and she would permit Kejriwal to tender his pleadings as written submissions instead, so that he does not feel that he was not heard.
"You say you have respect for me. I have respect for every litigant. The rule of court will not be changed for anyone so I will treat it as written submissions. I am taking it on record. I am giving the indulgence to Mr Kejriwal," the court stated.
Solicitor general Tushar Mehta appeared for the CBI and opposed Kejriwal's request to file rejoinder. Mehta said nowhere in the country were pleadings taken on record after order was reserved a court.
He also said there is no concept of filing rejoinder to a written submission, and the court should do what it would do for any ordinary litigant.
Kejriwal had raised several objections against the judge hearing the CBI's plea against his discharge in the liquor policy case, including that she had earlier denied him relief on his petition challenging his arrest and refused to grant relief on the bail pleas of other accused, including Manish Sisodia and K Kavitha.
He also claimed that Justice Sharma had made "strong and conclusive" findings.
The former Delhi chief minister further alleged a "direct conflict of interest", claiming that the judge's children are empanelled central government lawyers who receive work through the solicitor general, who is appearing in the matter for the CBI.
Besides Kejriwal, the applications for recusal of the judge were also filed by AAP leaders Manish Sisodia and Durgesh Pathak.
Other respondents, including Vijay Nair and Arun Ramchandra Pillai, have also sought her recusal.
Solicitor General urged Justice Sharma to initiate contempt action against Kejriwal and others for seeking her recusal.
Terming concerns by Kejriwal and others as "apprehensions of an immature mind," Mehta told the court it was a matter of "institutional respect" and Justice Sharma should not succumb to pressure as her recusal on "unfounded allegations" would set a bad precedent.
On February 27, the trial court discharged Kejriwal, Sisodia and others in the Delhi liquor policy case, saying that the CBI's case was wholly unable to survive judicial scrutiny and stood discredited in its entirety.
