Category: Cover Feature

Karnataka,20th November,2024 -Dr H S Shetty met his promise of delivering 14 beautiful houses to the abjectly poor tribal families of the Koragas in Udupi district, Karnataka. Each fully equipped 2BHK house costs Rs 14 lakh. It is the first phase of Dr Shetty's aim of delivering 100 free houses to the community.   Heggunje Rajeeva Shetty Charitable Trust, based in Bengaluru, entered a major milestone in its history of benevolence and social service oOn 17th November 2024. Dr H S Shetty spearheaded the benevolent project of building 14 free houses for the abjectly poor Koraga families, Hardalli Mandalli Gram Panchayat in Karnataka’s Udupi district. Of the 14 houses, 10 are in Jannadi Koragar Colony, near BidkalKatte, and four are in Manigeri. The average cost of each house having a two-...

The workshop hosted by The Union Ministry of Housing and Urban Affairsprovided a platform for the participants to come together to deliberate andstrategize on the implementation of PMAY-U 2.0 and modalities to strengthenthe affordable housing initiative. The Union Ministry of Housing and Urban Affairs (MoHUA), in partnership withthe National Housing Bank (NHB organized a national workshop on the PradhanMantri Awas Yojana – Urban 2.0- Interest Subsidy Scheme (ISS) vertical andsigning of MoUs on the 14th November 2024. The event, graced by Manohar Lal,Union Minister for Housing and Urban Affairs registered an attendance of morethan 250 participants from various banks, housing finance companies (HFCs),primary lending institutions (PLIs) and other financial institutions. Minister spok...

The digitization of small-loan processing and disbursement is a path- breaking step. The second-largest public sector lender to the MSMEs has set its focus on building three pillars, such as attractiveness, responsiveness and outreach. The lock-down in no way hindered the bank from making itself accessible to MSMEs as both the conventional and online channels were actively open for customers. Within seven months of government's announcement for amalgamation of two smaller public sector bank, Andhra Bank and Corporation Bank with Union Bank of India, everything fell in place for smooth transition. The final leg of amalgamation coincided with the worst crisis that India had ever seen, through the pandemic induced first phase of the strict lock-down. However, that did not impact the process o