Karnataka govt puts circular prohibiting all dealings with SBI, PNB on hold for 15 days
Bengaluru, Aug 16: The Karnataka government on Friday kept its circular in abeyance for 15 days, which prohibited all business transactions with the State Bank of India (SBI) and the Punjab National Bank (PNB).
The decision came after Chief Minister Siddaramaiah considered the two banks’ requests.
A government circular issued on August 12 ordered all its departments, boards, corporations, public sector units and universities to withdraw all their deposits and investments in the SBI and the PNB and stop transacting any business with these institutions.
"After considering the banks' requests, the Honorable Chief Minister has directed officials of the Finance Department to keep the circular in abeyance for 15 days," the state government said in a release.
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It said that putting the previous circular on hold "will allow the banks sufficient time to address the issues and redress the concerns of the government."
The government is committed to ensuring transparency and accountability in all its dealings, said the statement.
"We will continue to monitor the situation and take appropriate action to protect the interests of all stakeholders," it added.
Explaining the circumstances, the state government said that based on the observations made by the Public Accounts Committee on July 2 and August 6 and the audit findings included in the Comptroller and Auditor General's report, the government has taken a decision to issue the circular on August 12, directing all departments to withdraw their deposits and restrict further deposits in all branches of SBI and PNB.
This action was taken in response to the alleged fraud in the bank branches, which resulted in the non-repayment of fixed deposits made by the Karnataka State Pollution Control Board (KSPCB) and the Karnataka Industrial Area Development Board (KIADB), the statement said.
Despite prolonged correspondence and meetings, these issues remained unresolved since 2012-13, the government said. It added that on August 16 both banks submitted written representations to the government, requesting a 15-day period to resolve the matter.
The same day, senior bank officials met with higher officials of the Finance Department and reiterated their request.
According to the previous circular, Rs 12 crore belonging to the KIADB and Rs 10 crore of the KSPCB were blocked by PNB and SBI respectively for many years owing to scams in these two banks.
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Bombay HC issues notice to Maharashtra govt, MLA Murji Patel on Kunal Kamra’s plea to quash FIRs
Mumbai: The Bombay High Court on Tuesday issued notices to the Maharashtra government and Shiv Sena (Shinde faction) MLA Murji Patel in response to a petition filed by comedian Kunal Kamra seeking the quashing of multiple FIRs lodged against him over political remarks made during his stand-up show.
A division bench of Justices Sarang Kotwal and SM Modak scheduled the matter for hearing on April 16. “Issue notice to the respondents (police and Patel). They shall take instructions and respond to the plea,” the bench observed.
The first FIR was filed by Murji Patel on March 24 at Khar police station, based on Kamra’s performance of his show ‘Naya Bharat’ at Habitat Studio, Unicontinental Hotel, Khar. Kamra allegedly made comments targeting prominent political figures, industrialists, and central agencies.
Representing Kamra, senior advocate Navroz Seervai informed the court that the Madras High Court had extended the interim transit anticipatory bail granted to the comedian until April 17. Seervai added that Kamra, who has been residing in Tamil Nadu since 2021, had offered thrice in writing to appear before police via video conference due to threats to his safety. However, police insisted on his physical presence.
“This is not a case of murder. It is an FIR stemming from a stand-up comedy show,” Seervai said. “He is ready to cooperate with the investigation but seeks to do so through video conferencing.”
In his petition, Kamra contended that the FIRs violate his constitutional rights, including freedom of speech and expression, and that continuation of the case amounts to criminalising political commentary. He maintained that his comments about the 2022 political developments in Maharashtra, including the Shiv Sena split and Eknath Shinde's appointment as Chief Minister, are matters of public record.
Kamra stated that the script for ‘Naya Bharat’ was written in July 2024 and performed around 60 times between August 2024 and February 2025. A recording was uploaded online in March 2025, after which multiple FIRs were registered.
A zero FIR was initially filed at MIDC police station before being transferred to Khar. Three additional FIRs were lodged on March 28 under similar charges, with further cases registered in Thane and Dombivli.
Following backlash, an online ticketing platform delisted Kamra and removed all associated content on April 5.
The court will hear the case in full on April 16.
