Ambattur is situated in the Ambattur taluk near Chennai, in the Indian state of Tamil Nadu. It is a fast developing city that hosts residential localities as well as manufacturing units. Ambattur was earlier a village with large expanses of agricultural farmlands irrigated by the Ambattur Lake. The Ambattur industrial estate established in 1964, increased the growth and development of the region. Ambattur falls under the Sriperumbudur parliamentary constituency. It has more than half a million residents and the city is organized into 52 wards for able administration. There are three major waterbodies in Ambattur - the Ambattur Eri, the Puzhal Eri and the Chithu Oragadam Lake. Problems such as dumping of garbage, sewage, water mining and construction of buildings have severely threatened the upkeep of these water resources. The industrial units drive the economy of Ambattur. It was a renowned auto ancillary hub which was joined by many IT companies in the late 2000s. The city has several manufacturing units of military tanks, textile industries, railway concrete sleepers, etc. IT companies such as MilesTs, Dell, Tata Consultancy Services, HCL Technologies, etc. have their development centers in Ambattur. A variety of birds reside in and around Ambattur; several woodland birds and water birds visit the region.
The Corporation Bank is a public-sector banking company based in Mangalore, India, owned by the Government of India. It has a pan-Indian presence. Across the country, the Corporation bank has 3,040 ATMs, 2,440 fully automated CBS branches, and 4,724 branchless banking units. On November 14th, the Corporation Bank told about raising an amount of Rs 500 crore of the Basel III-compliant Tier-II Bonds (Series1). The Corporation Bank launched its RuPay Select and RuPay Platinum credit cards, on 2 December 2017. At all 80,000-plus e-commerce merchants in India, ICS Partner acceptance points (POS, e-commerce merchants), and RuPay-enabled 1.5 million-plus PoS terminals globally, RuPay credit cards are accepted. The Corporation Bank was found on 12 March 1906 by Khan Bahadur Haji Abdullah and Haji Kasim Saheb Bahadur in Temple Town of Udipi to help the common man by saving them from money lenders seizing. Mr. Jai Kumar Garg is the MD and CEO of Corporation Bank. The Corporation Bank offers banking and transactional products for retailers and Corporates such as Consumer banking, Asset management, credit cards, savings, securities, mortgage loans, private equity, wealth management, etc. The bank had 19,569 employees as of 2016 and revenue of Rs 2.9 billion US$.