Nanded is the 8th largest city in the state and the second largest in the Marathwada subdivision of the Indian state of Maharashtra. It is a major destination Sikh pilgrims as the city was the permanent abode of the 10th Sikh Guru - Guru Gobind Singh, who passed away in the city in 1708. Nanded is closer to Hyderabad than to the Maharashtra state capital Mumbai. The city of Nanded is divided into two distinct parts by the Godavari - the old Nanded on its north bank and the new city in the south. Nanded is known for the agricultural trade of cotton, mangos, soya beans, bananas, sugarcane, sweet limes, and sorghum that are cultivated in and around the city. The city has an agricultural school and a cotton research center dedicated to assist the cotton production industry. The tourism industry also fuels the citys economy. 10 million visitors and religious pilgrims boost the tourism industry of the city.
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.