Kulti is a neighborhood in Asansol in the Indian state of West Bengal. It is situated in the Asansol Sadar subdivision of the Paschim Bardhaman district. The city of Kulti lies between two great rivers ? the Damodar and the Ajay. The rivers run parallelly with the city in between, and the area is composed of undulating laterite soil. Kulti was a small village earlier but it underwent major development when the IISCO plant was set up in the area. Kulti had India?s first blast furnace that operated in the plant at Burnpur from 1875 to the 1950s. Steel was manufactured for the first time in India in open hearth furnaces in 1904 at Kulti. Spun pipes were made for the first time in India at Kulti. Kulti is an industrial township with most of its residents employed in the industrial belt in and around the city. There are a few places worth visiting nearby such as Maithon Dam, Panchet Dam, Bakreshwar, Bishnupur and Tagores Shantiniketan.
Bank of Baroda (BoB) is a financial services company headquartered in Vadodara, Gujarat, India and have its corporate office in Mumbai. It is ranked 1145 on Forbes Global 2000 list, as per 2017 data. The total assets of BOB are more than ? 3.58 trillion (making it Indias 2nd biggest bank by assets).It has 5538 branches in India and overseas, and 10441 ATMs as of July 2017. On 20 July 1908, The Bank of Baroda was found by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III in Gujarat. It was nationalized on 19 July 1969, by the Government of India along with 13 other major commercial banks of India, and has been designated as a profit-making public sector undertaking. In 1910, BoB started its first branch in Ahmedabad. It went abroad for serving the Indian communities in Kenya and Uganda, then in 1953, by establishing a branch each in Mombasa and Kampala. The next year a second branch was opened in Nairobi, Kenya and in 1956 it opened an office in Tanzania at Dar-es-Salaam. Then in 1957, BoB took a giant step abroad by establishing a bank branch in London. In 1958, BoB acquired Hind Bank established in Calcutta in 1943, which became BoBs first domestic acquisition.