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 Canara Bank is the largest public sector bank. Ammembal Sube Rao Pai founded it in 1906. Its head office is in Bangalore. The bank was established as Canara Hindu Permanent Fund in 1906, Mangalore but later in 1910, the name was changed to Canara Bank. The first acquisition of Canara bank was Bank of Kerela which took place in 1961. In 1969, the GOI nationalized Canara Bank, and in 1976, it inaugurated its 1000th branch. The Canara Bank was the first bank to achieve ISO certification for "Total branch banking." The first overseas office of Canara Bank was opened in London and subsequently in Hong Kong and Shanghai. The bank has established a joint venture with SBI and incorporated Commercial Bank of India LLC in Moscow. The seventh branch of the Canara Bank was opened in New York, United States. The bank sponsors two regional rural banks, Kerela Gramin Bank and Pragathi Krishna Gramin Bank. Canara bank has launched a Unified Payment Interface app, "Empower" for its customers to transact using the mobile app.