Asansol, a city in the Burdwan district of the Indian state of West Bengal, is the states second largest city in terms of area and population. It is a Tier-II city which rapidly developing. The city has derived its name from two words - "Asan" refers to a 30 meters tall found near River Damodar and "Sol" refers to land. Thus, these two words combine to form the name of this city which is incredibly rich in minerals. This cosmopolitan city is located on the lower Chota Nagpur Plateau and it shares the border with the Dhanbad district in the adjoining state of Jharkhand. The economy of this city is principally dependent on its steel and coal industries. The IISCO or Indian Iron and Steel Company Ltd steel-making plant at Kulti in Asansol was the first of such facility in India and is undergoing major renovations to come back with doubled production rate. Eastern Coalfields has a significant presence in the Asansol due to the enormous deposits of high-quality coal in and around the city. The railway is a big contributor to Asansols economy as many residents are employed in the Chittaranjan Locomotive Works which is one of the worlds largest locomotive manufacturers.
RBL is a scheduled commercial bank, based in the Mumbai region of Maharashtra, India. It was founded in August 1943. In July 2010, Ratnakar Bank introduced Mr. Vishwavir Ahuja as the Managing Director & CEO. The Bank has a management of qualified individuals in the field of banking, finance, agriculture and other related areas. Since then, RBL has had some noteworthy investors such as HDFC Limited, Gaja Capital, Norwest Ventures, CDC Group Plc, Aditya Birla Private Equity, IDFC SPICE Fund, ICICI Lombard General Insurance, etc. Ratnakar Bank" was rebranded and was portrayed under a new name "RBL Bank" in Mid of the Year 2014. The RBL Bank was listed on the National Stock Exchange and Bombay Stock Exchange in August 2016. As of June 2018, It has a presence of 342 branches and 488 ATMs in 20 Indian states and Union Territories.RBL serves large corporations, small and medium enterprises, agricultural customers, retail customers and low income customers. Amongst 47 banks in the BCSBI Survey 2014-15, it was Ranked first on the commitment to its customers and Micro & Small Enterprises.RBL bank is also rated as Best Bank of India for growth in the mid-sized bank segment as per- A Business Today and KPMG study simultaneously in 2012, 2013, 2014 & 2015. Also, it was rated as the best small bank and best bank for the quality of assets in 2015.