Karnataka Bank donates vehicle to Udupi District Administration for the malaria control programme

Shri Mahabaleshwara M S, MD & CEO of Karnataka Bank, handed over the Force Traveller Vehicle to be used for the malaria control programme to Shri G. Jagadeesha, IAS, Deputy Commissioner, Udupi District on 18.08.2021. The vehicle was sponsored under the CSR initiative of the Bank to Udupi District Administration at a cost of Rs. 13,31,451/-.

Expressing his gratitude, Shri G. Jagadeesha, IAS, Deputy Commissioner, Udupi District said, "We are extremely thankful to Karnataka Bank for their continuous support to Udupi District Administration. Earlier also Bank had donated an ambulance which has saved many lives during the COVID-19 pandemic. Further now considering the seriousness of the malaria menace, the Bank has donated a Force Traveller vehicle for the above said programme and this indicates the commitment of the Bank towards the development of Health infrastructure for the society".

Speaking on the occasion, Shri Mahabaleshwara MS, MD & CEO of Karnataka Bank said, "Udupi being the second highest Malaria affected district in Karnataka State, various preventive measures are being taken up by the District Administration. We are sure that Bank's contribution in this regard will help in the efforts of Udupi District Administration to arrest the spread of malaria through the malaria control programme."

Also present on the occasion were Shri Rajagopala B, AGM, Udupi Regional Office of the Bank, Shri, Sadashiva Prabhu, Additional DC, Udupi Dist., Dr. Prashanth Bhat, Health Officer (Malaria control) and others.

Shares of Karnataka Bank Ltd. was last trading in BSE at Rs. 57 as compared to the previous close of Rs. 58.65. The total number of shares traded during the day was 146414 in over 1249 trades.

The stock hit an intraday high of Rs. 58.05 and intraday low of 56.5. The net turnover during the day was Rs. 8360171.

Source : Equity Bulls

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