Mangalore | 123ish

Ammembal Subba Rao Pai, a philanthropist, established the Canara Hindu Permanent Fund in Mangalore, India, on 1 July 1906.The bank changed its name to Canara Bank Limited in 1910 when it incorporated. Today, Canara Bank is one of the major public sector banks owned by the Government of India. Its headquarters is in Bengaluru. As it was established at Mangalore in 1906, that also makes it one of the oldest public sector banks in the country. The government nationalized the bank in 1969. As of 31 March 2017, the bank had a network of 6083 branches and more than 10519 ATMs spread across India. The bank also have offices abroad in London, Hong Kong, Moscow, Shanghai, Doha, Bahrain, South Africa, Dubai, Tanzania and New York. Canara Bank sponsors two regional rural banks (RRB): Kerala Gramin Bank Pragathi Krishna Gramin Canara Bank is a state level led bank in Kerala.

Corporation Bank, the oldest banking institution in the erstwhile undivided South CanaraDistrict of the Madras Presidency and one of the oldest banks in India, was founded on 12 March 1906 in the Temple Town of Udupi by a small group of philanthropists, as there was no such bank at Udupi, an important trading centre next to Mangalore. The first branch of a modern bank established in the district was the Bank of Madras, one of the three Presidency Banks, which set up its office in Mangalore in 1868, largely to cater to the business needs of a few British firms dealing in export of plantation products. Today, Corporation Bank is a public-sector banking company headquartered in Mangalore, India. The bank has a pan-Indian presence. Presently, the bank has a network of 2,440 fully automated CBS branches, 3,040 ATMs, and 4,724 branchless banking units across the country. The bank has representative offices in Dubai and Hong Kong. As of 31 March 2016, the total business of the bank was…