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Kempe Gowda I, Modern Bangalore was founded by a feudatory of the Vijayanagara Empire, who built a mud fort in the year 1537. Kempe Gowda also referred to the new town as his "gandu bhoomi" or "Land of Heroes". [5] Within Bangalore, the town was divided into petes (IPA:) or market.
Karnataka Bank Limited is an Indian private sector bank based in Mangalore. It is an 'A' Class Scheduled Commercial Bank with a network of 915 [ 2 ] branches, 1188 ATMs & Cash recyclers and 588 e-lobbies/mini e-lobbies across 22 states and 2 union territories.
In the fiscal year 2005-06, Canara Bank became India's second-largest public sector bank in terms of advances and deposits. The bank changed its name to Canara Bank Limited in 1910 when it incorporated. [5] In 2002-03, the bank went in for its Initial Public Offer and raised Rs.110 crores. [2] The India government holds a 73% stake in Canara Bank.
Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791.
Vijaya Bank [2] [3] [4] was a PSU bank which was merged with Bank of Baroda on 1 April 2019 with its head office in Bangalore, Karnataka, India. It was one of the nationalised banks in India. The bank offered a wide range of financial products and services to customers through its various delivery channels.
Kempe Gowda I (27 June 1510 – 1569), also known as Nadaprabhu Kempe Gowda, [2] [3] was a ruler and chieftain under the Vijayanagara Empire in medieval India. [4] [5] He is best known for founding Bengaluru Pete, the nucleus of present-day Bengaluru, in the 16th century.
The bank is notable for being the fifth oldest bank in India. [1] It is also notable for being one of the first institutions in India to issue its own paper banknotes or currency notes. [4] [5] The ability of private banks to issue their own currency notes was taken away by The Paper Currency Act, 1861. [6] [7]
A District Co-operative Central Bank (DCCB) is a rural cooperative bank operating at the district level in various parts of India. [ 1 ] [ 2 ] It was established to provide banking to the rural hinterland for the agricultural sector with the branches primarily established in rural and semi-urban areas.