Tumkur is an industrial city in the Indian state of Karnataka. It has been officially renamed to Tumakuru. The city is also known by the names of Shaikshanika Nagari which means the city of education and Kalpatharu Nadu which means land of coconut trees. Tumkur has received the status of a City Corporation. It functions as the headquarters of the Tumkur district. Tumkur has Indias first mega food park which was inaugurated in 2014. It was a project of the ministry of food processing. Tumkurs economy is majorly dependent upon agriculture. Cultivation of crops such as coconut, paddy and areca nut, contributes to its economy. There are quite a few reputed educational institutions and places of tourist interest in and around Tumkur.
The KBL is a scheduled commercial banking company headquartered in Mangaluru, Karnataka, India. The tagline of the Karnataka bank is "Your Family Bank Across India".The Karnataka Bank Limited had received the Sun and NDTV Green IT Award in August 2008.The Sun Microsystems and NDTV awarded the Karnataka bank for admiration of its green policies and usage of earth-friendly technology like solar power. For the year 2010-11, the bank had achieved the Best Bank Award for "Managing IT Risk" under small bank category, instituted by IDRBT. Shri Anand Sinha, former deputy governor, RBI, and chairman of IDRBT gave the award to Shri P. Jayarama Bhat, Managing Director of the Karnataka Bank on 4 August 2011 in front of Shri B. Sambamurthy, Director of IDRBT. The Karnataka Bank Limited signed an MOU in the year 2000 with Infosys Technologies for developing a core banking solution called Finacle. The bank had a network of over 221 branches as of 31 March 2004. The main objective of the bank is "Anytime/Anywhere banking." The Karnataka bank signed a pact with Corporation Bank for sharing its ATMs. The bank introduced the Moneyplant card that enables its customers to withdraw money from their bank accounts anywhere.