singrauli, in the Indian state of Madhya Pradesh, is popularly known as the Energy capital of India. The area used to be covered in dense forests earlier that was not navigable and inhabited by wild animals. It was earlier known as Shringavali. It was named after a sage known as Shringi. The kings of the Rewa State ruled the area till 1947. They used the area as an open-air prison to detain errant civilians and officers. Singrauli has five tehsils now - Singrauli, Chitrangi, Deosar, Mada and Sarai. Singrauli has a group of rock-cut caves called Mada Caves made in the 7th and 8th century. All major companies operating in this area belongs to the Indian energy industry, which entirely drives the economy of the city. The companies focus on mining of coal and subsequent power generation. NTPC, Coal India Limited, Essar, Hindalco, Reliance and several other established companies have set up their plants at Singrauli. The industrial belt has also resulted in a critical condition of air pollution which is a serious concern.
The Karnataka Bank Limited is commercial banking institution having a network of 807 branches, 1374 ATMs across 22 states and two union territories having 8,220 employees and over 9.65 million customers throughout the country. Over 1,46,000 shareholders privately own its shares and the tagline of the bank is "Your Family Bank Across India."In August 2008, Sun and NDTV Green IT Award were received by Karnataka Bank Limited in recognition of the banks "green policies" and use of earth-friendly technology such as solar power. For the year 2010-11, the bank received the Best Bank Award for "Managing IT Risk" under small bank category, by Institute for Development and Research in Banking Technology (IDRBT). The Karnataka Bank Limited was incorporated on 18 February 1924 and operations were commenced on 23 May 1924. Quick Remit, a facility of money transfer was introduced by the Karnataka Bank Limited in August 2008 for Non-Resident Indians living in Canada, United States, and the UK. The bank also runs a 24-hour Internet banking service called Money click. Some of the digital banking products of Karnataka Bank Ltd are KBL-ApnaApp, KBL-m PassBook, KBL Smartz and KBL POS Manager.