Ammembal Subba Rao Pai not only placed great emphasis on education, but he also held that a strong society is one in which its members have access to the information and resources necessary to manage and make decisions about their finances. In order to enable the people to mobilize their own resources for self- help, he founded the Canara Hindu Permanent Fund in 1906, which is now known as Canara Bank, one of India’s top banks.

Subba Rao was well-known for being a ringleader among the boys as well as being mischievous, mediocre in his schoolwork, and fond of play as a young lad. But he had a great deal of veneration for his elders, and he held his father in the highest regard. Subba Rao’s versatility extended beyond just the legal field. He spent the mornings at his job and the nights volunteering for social causes. In spite of how quickly the world was changing, he kept up. He made a difference in all facets of life with his zeal and compassion for others. He worked tirelessly to ensure that our young men would eventually hold significant positions in the engineering and medical industries.