Kota is a south-eastern city in the Indian state of Rajasthan. It lies on the banks of River Chambal. It is the 3rd most populous city in Rajasthan and also the administrative headquarters of Kota district divided into 60 wards. This city is also known as the Education City of India as it is a major coaching hub for competitive examination preparations offered by plentiful engineering and medical coaching institutes located in the city. The city also hosts mainstream educational institutions and universities. The Rajasthan Technical University, University of Kota, Vardhaman Mahaveer Open University, Indian Institute of Information Technology Kota and University Engineering College further justify its name as the Education City of India. Kota is often referred to as the Industrial city of Rajasthan. Its main economic source is manufacturing industries like chemical, cotton and oilseed milling, textile weaving, engineering, distilling and dairy. Kota is known for its metal handicrafts. Crops like cotton, millet, wheat, coriander and oilseeds are cultivated in and around the city. Kota also has some amazing places to visit. The Chambal Garden, Kota Zoological Park, Seven Wonders Park, Chatra Vilas Garden, Kishore Sagar Lake, Agamgarh Gurudwara Sahib, Jag Mandir, Godavari Dham Temple, Rangbari Balaji Temple, Garadia Mahadev Temple, etc. are frequented by the natives as well as tourists.
The government of India owns the Canara Bank as one of the largest and oldest public sector banks. The headquarter of the bank is in Bengaluru. It had a network of 6639 branches and more than 10600 ATMs all over India, as of 30 October 2017. The bank also has offices outside India in Hong Kong, Moscow, Shanghai, Doha, London,Bahrain, Dubai, Tanzania,South Africa, and New York. On 1 July 1906, the Canara Hindu Permanent Fund in Mangalore, India, was initiated by Ammembal Subba Rao Pai. The fund name was changed to Canara Bank Limited in 1910 when it was incorporated. In 1958, Canara Bank was permitted by the Reserve Bank of India to acquire G. Raghumathmul Bank of Hyderabad. G. Raghumathmul Bank had five branches at the time of the acquisition. The merger took effect in 1961. Canara Bank acquired Trivandrum Permanent Bank, later in 1961. Along with 13 other prominent commercial banks of India, on 19 July 1969, the Government of India nationalized Canara Bank. Canara Bank inaugurated its 1000th branch in 1976. In 1985, Canara Bank acquired Lakshmi Commercial Bank in a rescue. Due to these acquisitions, Canara Bank got some 230 branches in northern India.