Davanagere is an emerging city in the Indian state of Karnataka. This city has been selected by PM Narendra Modi to be developed into a smart city under the ambitious flagship Smart Cities Mission. It is a cotton hub and has often been referred to as the Manchester of Karnataka. Currently, the city is commercially venturing into the fields of education and agro-processing industries. Located in the Maidan region on the Deccan Plateau, the city is often called the "Heart of Karnataka" as it is literally located in the center of the state. This city houses Asias 2nd largest irrigation tank known as "Shanti Sagar," which serves as a major water source for farmers in the region. There are roughly half a million residents in Devanagere who mostly speak in Kannada. The city is well connected to the rest of the state as well as the country through a decent network of roads and railway.
The Karnataka Bank Limited is commercial banking institution having a network of 807 branches, 1374 ATMs across 22 states and two union territories having 8,220 employees and over 9.65 million customers throughout the country. Over 1,46,000 shareholders privately own its shares and the tagline of the bank is "Your Family Bank Across India."In August 2008, Sun and NDTV Green IT Award were received by Karnataka Bank Limited in recognition of the banks "green policies" and use of earth-friendly technology such as solar power. For the year 2010-11, the bank received the Best Bank Award for "Managing IT Risk" under small bank category, by Institute for Development and Research in Banking Technology (IDRBT). The Karnataka Bank Limited was incorporated on 18 February 1924 and operations were commenced on 23 May 1924. Quick Remit, a facility of money transfer was introduced by the Karnataka Bank Limited in August 2008 for Non-Resident Indians living in Canada, United States, and the UK. The bank also runs a 24-hour Internet banking service called Money click. Some of the digital banking products of Karnataka Bank Ltd are KBL-ApnaApp, KBL-m PassBook, KBL Smartz and KBL POS Manager.