<P> The state of Karnataka , particularly the region comprising the coastal districts of Dakshina Kannada and Udupi , is called the cradle of banking in India . This is because seven of the country 's leading banks , Canara Bank , Syndicate Bank , Corporation Bank , Vijaya Bank , Karnataka Bank , Vysya Bank and the State Bank of Mysore originated from this state . The first five in the above list of banks were established in the districts of Udupi and Dakshina Kannada . These districts have one among the best distribution of banks in India - a branch for every 500 persons . Between 1880 and 1935 , 22 banks were established in coastal Karnataka , nine of them in the city of Mangalore . </P>
<P> The state of Karnataka , particularly the region comprising the coastal districts of Dakshina Kannada and Udupi , is called the cradle of banking in India . This is because seven of the country 's leading banks , Canara Bank , Syndicate Bank , Corporation Bank , Vijaya Bank , Karnataka Bank , Vysya Bank and the State Bank of Mysore originated from this state . The first five in the above list of banks were established in the districts of Udupi and Dakshina Kannada . These districts have one among the best distribution of banks in India - a branch for every 500 persons . Between 1880 and 1935 , 22 banks were established in coastal Karnataka , nine of them in the city of Mangalore . </P>
city known as cradle of the indian banking
city known as cradle of the indian banking
The state of Karnataka
The state of Karnataka