Kamarhati is a city and a municipality in the Indian state of West Bengal. It is located in the Barrackpore subdivision of the North 24 Parganas district. The place was initially a refugee colony soon after the partition of Bengal as many squatters from East Pakistan flocked to this area and encroached upon the public as well as private land. Within a very short time, these refugees initiated all the amenities required for a comfortable lifestyle and developed a proper society. Kamarhati belongs to the Kolkata Urban Agglomerate and houses around 3.5 lakh residents. There are several industrial units in Kamarhati like Texmaco Rail and Engineering Ltd, Kamarhatty Company Ltd (jute mill), Agarpara Jute Mills, Prabartak Jute Mills Ltd, National Tobacco Company Industries Ltd, WIMCO (a Swedish match company), Allied Ceramics Private Limited, Emami Paper Mills Ltd, etc. The Dakshineshwar Temple is located in this area and it draws thousands of devotees every day.
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.