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Karnataka Bank donates ambulance to Dakshina Kannada District Administration

Posted On: 2020-11-19 06:46:57

Karnataka Bank as part of its Corporate Social Responsibility has donated an ambulance costing around Rs 20.00 lakhs to Dakshina Kannada District Administration. The ambulance was handed over by Shri Mahabaleshwara M.S, MD & CEO of the Bank to Dr. Rajendra KV., IAS, Deputy Commissioner of Dakshina Kannada District at the Bank's Head Office, Mangaluru, today. Dr. Rajendra KV., IAS, while thanking the gesture of the Bank said, "This is a huge support and morale booster for the district administration to fight the COVID-19 pandemic as well as to provide the emergency health services to the needy ones. Karnataka Bank has always been at the fore front to support and partner with the developmental programmes of the District Administration. This initiative is yet another testimony to its commitment to the welfare of the society and I laud their social committments."

While handing over the Ambulance, Sri Mahabaleshwara M.S, MD & CEO of the Karnataka Bank, said that "This is an ambulance costing around Rs 20 lacs and is fully loaded with all necessary life supporting emergency medical accessories such as auto loading system, separate medical cabinet, jumbo oxygen cylinders, driver cabinet secured from the patient etc. In the past also Karnataka Bank has extended a financial aid of Rs 15,39,700/- to the Dakshina Kannada District Administration when the COVID-19 pandemic was at its peak and the Bank immediately stepped in to procure Digital Oxymeters, Face masks and 1000 PPE Kits etc. for the medical practioners and healthcare workers who are at the fore-front of the fight against this dreaded virus. Bank did not limit its contribution to D.K District alone in the fight against novel corona virus and extended financial assistance by donating a sum of Rs 5.00 lakhs to the Mandya District Administration and also sponsored 3000 units of PPE kits to the District administrations of Udupi, Kodagu and Chikkamagaluru Districts at a total cost of Rs 10,50,000/-. We believe our contribution in this regard will set the right example to inspire all the stakeholders to contribute towards strengthening the medical infrastructure of public health institutions so as to equip the society to face such contingencies in a still better way."

Dr Ramachandra Bairy, District Health Officer (DHO), Shri Gokuldas Pai, Chief Business Officer of the Bank, Shri Manjunatha Bhat B.K, General Manager, Shri Srinivas Deshpande, Assistant General Manager of the Bank were also present on the occasion.

Shares of KARNATAKA BANK LTD. was last trading in BSE at Rs.44.65 as compared to the previous close of Rs. 45.35. The total number of shares traded during the day was 317380 in over 1380 trades.

The stock hit an intraday high of Rs. 46.3 and intraday low of 44.5. The net turnover during the day was Rs. 14400172.

Source: Equity Bulls

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