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.
Karur Vysya Bank based in Karur, Tamil Nadu. It is a private-sector bank and was set up by M. A. Venkatarama Chettiar and Athi Krishna Chettiar in 1916. The bank primarily operates in the treasury, corporate/retail banking segments and wholesale banking. It provides services such as personal, agricultural banking, corporate, and services to NRIs and MSME. The bank offers housing loan, personal loan, insurance, and fixed deposits among others under private banking. The KVB offer services like corporate loans, multicity current account, demat account, and general insurance among others under corporate banking. The schemes supplied by KVB under agricultural banking includes Green Harvester, Green Trac, and KVB Happy Kisan among others. The bank offers products such as MSME Cash, Vendor Bill Discounting among others. As on 1 July 2018, the bank had increased branches and ATMs during the year thus accounting the total number to 798 branches and 1,780 plus ATMs. In FY16, it introduced many initiatives like an e-book, reloadable cards, Kisan credit cards, automatic passbook kiosk, etc. The recent action is the introduction of a fast tag and UPI based payment system. As of Dec 2017, total business volume was1,00,000+ crore.