The large city of Shimoga in the Indian state of Karnataka functions as the district headquarters of Shimoga District. The city has been officially renamed shivamogga in 2014. It is located in the central part of Karnataka, on the banks of the Tunga River and serves as a gateway to the hilly regions of the Western Ghats. Shivamogga is popularly nicknamed as the "Gateway of Malnad." Shimoga experiences a tropical wet and dry climate and has a population of around 3.3 lakh. Shimoga is an important center for education with its wide variety of prestigious schools as well as colleges. Industries such as Malnad Alloys, Pearlite Industries, Vijay Technocrats, Perfect Alloys, Shanthala Sperocast, etc. are some foundries that manufacture castings which are supplied to other related industries in the country as well as exported. The city is surrounded by lush green paddy fields, chili plantations, areca nut and coconut groves which contributes to the economy of the city. An IT Park is being constructed at Shimoga, near the upcoming Shimoga airport.
Yes Bank has received national and international honors for different businesses such as Corporate Banking, Sustainable practices through Responsible Banking. It is one of the top and fastest growing bank as recognized by Prestigious media houses and Global Advisory Firms. The long-term mission of Yes Bank by 2020 is to become the "Finest quality large bank in India." It is emerging as the Professionals Bank of India. RBI has only awarded the Yes bank the Greenfield Bank license in the last two decades. The Yes Bank was founded in November 2003 by Mr.Rana Kapoor.Yes Sampann India, a financial inclusion initiative by Yes Bank was launched in December 2006, in partnership with ACCION International, USA. Yes-International Banking was introduced in August 2007. In June 2008, the Yes Bank won the prestigious Emerging Markets Sustainable Bank of the Year award at the Finacial Times or IFC in Washington and Sustainable Banking Awards held in London. The Yes Bank is the fourth largest private sector bank in India and an outcome of professional entrepreneurship of its founder, Mr. Rana Kapoor and his competent team. The aim of establishing YES bank was to cater to the "Sunrise Sectors of India." Its a Full-Service Commercial Bank offering a wide range of products to Corporates, MSME, and retail customers.