Ammembal Subba Rao Pai
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Concerned about the high interest rates being charged by moneylenders to the poor people of South Canara, Pai founded the Canara Hindu Permanent Fund Ltd (now Canara Bank) on 1 July 1906, not longer after the formation of Corporation Bank in the same area.
- Budhiraja, S. B.; M. B. Athreya, eds. (2002). Cases In Strategic Management. Tata McGraw-Hill Education. pp. 108–109. ISBN 9780074620977.