Jaunpur is a town as well as a municipal board in the Jaunpur district of Uttar Pradesh. Jaunpur is located in the Purvanchal area, towards the northwest of the Varanasi district in the eastern part of the state. A greenfield airport is currently under construction in Jaunpur. Jaunpur was founded 1359 by the Sultan of Delhi Feroz Shah Tughlaq and was then known as Sheeraz-e-Hind. However, the ruler of Jaunpur soon broke off from the Delhi Sultanate and founded the Sharqi dynasty at Jaunpur and continued to rule for over a century till the Delhi Sultanate reconquered Jaunpur in 1493. It passed on to the Lodis and the Mughals and finally to the British after the Permanent settlement of 1779. Jaunpur has extremely fertile land due to the presence of five rivers namely Gomti, Sai, Varuna, Pili, and Basuhi. The Indian government initiated industrialization in 1976. The Satharia Industrial Development Authority was set up with more than 500 acres of land to promote industrial, commercial and social development. Pepsico India Pvt. Ltd and Hawkins Cooker Limited have their manufacturing units in this area. The area is dotted with great historical monuments and a few worth visiting are Shahi Quila Jaunpur Fort, Shahi Bridge, Jaunpur Atala Masjid, Jaunpur Jama Masjid, Lal Darwaza Masjid, etc.
Corporation Bank was started about 111 years ago in 1906, with an initial capital amount of just Rs.5000/-. The bank has recorded Rs. 3,03,185 Crore mark in business, with more than 9900 service outlets across the nation, served by committed and dedicated over 19,000 Corp Bankers. The evidence of its growth can be seen in its financial performance and enviable track record. The prominent reason for bank celebration is empowering the rural and urban population together by being able to participate in nation building. Today, the Corporation Bank is the significant contributor to the growth of the countrys economy. After getting nationalized in 1980, the Corporation Bank evolved and adapted to the financial sector reforms. It became the Second Public Sector Bank in the country to enter capital market, the IPO of which was oversubscribed by more than thirteen times. The Bank took many initiatives in credit services such as Cash Management Services, m-Commerce, " Online " approvals for Educational loans, 100% CBS Compliance and more recently, the bank made an effort in taking the technology to remotest villages through low-cost branchless banking or Business Correspondent model.