Ulhasnagar is a small and developing city located in the Thane district of the Konkan division in the Indian state of Maharashtra. It is about 55 km from away from Mumbai but is included in the Mumbai Metropolitan Region. The town city an area of approximately 13 square kilometers which is divided into 285 blocks. It is a hub for the production of rayon silk, ready-made garments, dyes, confectionaries and electrical & electronic appliances, which contribute to the citys economy. Ulhasnagar is considered to be one of the largest manufacturers and exporters of denim jeans. The city has around five lakh residents. There are 129 primary schools, 56 Secondary Schools, nine Higher Secondary schools, three colleges and two Technical Colleges in Ulhasnagar. There are many public libraries, sports grounds and movie theatres to provide entertainment facility to the residents.
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.