AMMANNAYA's SOME FIRSTS

1.First doctorate in Banking from Mangalore University.
2First Performance Budget of Syndicate Bank was prepared by him.
3.First chairman of Varada Grameena Bank to introduce long range planning and to achieve magnificent turnaround of the bank.He wiped out accumulated losses of crores of Rupees and achieved net profit of large amount for the first time in that bank.
4.He built own HEAD OFFICE building for Varada Grameena Bank during his stewardship as chairman in that bank.
5.BIRD ,Lucknow had prepared a case study regardind his banking experiments and achievementsand Taranga,noted Kannada weekly had published cover feature regarding his rare banking experiments and accomplishments