The towns of Sangli, Miraj and Kupwad in the Sangli district of the Indian state of Maharashtra were clubbed together to form a small city. With a population of about half a million, Sangli-Miraj-Kupwad is considered to be the largest municipal corporation in South Maharashtra. This mini-metropolitan city is governed by the Sangli-Miraj-Kupwad Municipal Corporation, which is made of democratically elected members, headed by a mayor. The town of Sangli is to be found on the banks of river Krishna. Miraj is a major railway junction, a major healthcare center as well as an export hub of various Indian musical instruments. Kupwad, a small town earlier, is an industrial area harboring many foundries, oil manufacturing units, spinning mills, chocolate factories, cold storage, etc. Notable foundries located in this area are Tulsi foundry and J sons foundry. The famous chocolate manufacturer, Lotte, has its factory in this city. Spinning mills like Toto Toya spin ltd, oil manufacturers like Chakan oil mills are also based out of Kupawad. The city has a mixed group of multi-cultural residents who speak in various languages including Marathi, Urdu, Telugu, Kannada and Hindi.
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.