Mangalore has been recently renamed as Mangaluru. It is a well-known port town in the Indian state of Karnataka. The city serves as the administrative headquarters of the Canara region of Karnataka. It is well known for its splendid beaches as well as a relaxed lifestyle. The Mangalore port fuels the development of the city, making it strategically the most important city on the Malabar coast. Mangalore, being one of the most cosmopolitan towns in the region, has a diverse population. The city lies on the estuary of the Netravati river and thus has a very fertile soil which supports the cultivation of coffee and cashews. Exports, commerce and petrochemicals drive the economy of the city. The IT industry is gradually gaining prominence in Mangalore as companies like Infosys, Cognizant, Mphasis have recently opened their offices in the city. Mangalore has large petrochemical companies like MRPL, MCF, ELF. Mangalore along with the adjoining city of Manipal combine to form a hub for education. Institutes like NIT Ranchihkal, Kasturba Medical College, Manipal University, Mangalore University, etc. attract students from all over the country. Mangalore boasts of its natural beauty and tourists flock to the city to relish the pleasant aura of the Tannirbhavi beach, the Panambur beach, St. Marys island, Kudroli Gokarnath Temple, Kadri Manjunath temple, Sammilan Shettys butterfly park, Rosario Cathedral, etc.
The Yes Bank was founded in November 2003 by Mr.Rana Kapoor. It is one of the top and fastest growing bank as recognized by Prestigious media houses and Global Advisory Firms. It is a full-service commercial bank and built several business lines across India. The bank had 1050 branches and 1724 ATMs as of 31st December 2017, and it is the fourth largest private 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 stocks of the Yes bank are listed on Bombay Stock Exchange and National Stock Exchange of India in May 2005. 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 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. In 2015, it was awarded as the Bank of the year-India by The Banker London.