First doctorate from Mangalore university in Banking[Commerce]

Dr.K.K.Ammannaya was the first doctorate in Banking[Commerce]from Mangalore University.As the chairman of Varada Gramina Bank he achieved its magnificent turnaround.He wiped out accumulated losses and achieved large amount of net profit .BIRD Lucknow had made a case study regarding his banking experiments and achievements.Dr.Ammannaya also built own head office building for the bank.