Malegaon is a small city in the Nashik District of the Indian state of Maharashtra. It was previously known as Mulligaum and it lies at the convergence of the Mausam and Girna rivers. The city is known for its famous fort. The Malegaon fort, which took 25 years to build, attracted a lot of Muslim workers and artisans from all over the country, who settled in the area. Later, many people from the Muslim community migrated to this city during various revolts and uprisings in the country. The city has roughly 6 lakh residents, among which 79% follow Islam as their religion. The city is a major hub for cloth weaving. The city has over 3 lakh power looms and t attracts workers from all the neighboring regions. PVC pipe manufacturing industry has also gained importance in Malegaon in the recent years. The citys education system supports native language Marathi as well as Urdu and English through many institutions. There are a few schools in the area, alongside junior colleges and senior colleges that are affiliated to the Pune University. The students seeking higher education generally travel to nearby cities. Malegaon is known for its notorious spoof film industry called Mollywood, which makes parodies and spoofs of classic Hollywood and Bollywood films. Its an extremely low budget film industry where most of the actors are the residents exhibiting their talents and their imaginative minds.
The KBL is a scheduled commercial banking company headquartered in Mangaluru, Karnataka, India. The tagline of the Karnataka bank is "Your Family Bank Across India".The Karnataka Bank Limited had received the Sun and NDTV Green IT Award in August 2008.The Sun Microsystems and NDTV awarded the Karnataka bank for admiration of its green policies and usage of earth-friendly technology like solar power. For the year 2010-11, the bank had achieved the Best Bank Award for "Managing IT Risk" under small bank category, instituted by IDRBT. Shri Anand Sinha, former deputy governor, RBI, and chairman of IDRBT gave the award to Shri P. Jayarama Bhat, Managing Director of the Karnataka Bank on 4 August 2011 in front of Shri B. Sambamurthy, Director of IDRBT. The Karnataka Bank Limited signed an MOU in the year 2000 with Infosys Technologies for developing a core banking solution called Finacle. The bank had a network of over 221 branches as of 31 March 2004. The main objective of the bank is "Anytime/Anywhere banking." The Karnataka bank signed a pact with Corporation Bank for sharing its ATMs. The bank introduced the Moneyplant card that enables its customers to withdraw money from their bank accounts anywhere.