The Indian city of Belgaum is a city in the northern part of the state of Karnataka and lies along the Western Ghats. The Government of Karnataka intends on making Belgaum the second capital of Karnataka. It is being developed into a smart city. The city was earlier known as Venugram which means Bamboo village in Sanskrit. The city has recently acquired a new name as "Kunda Nagari" for its famous sweet dish called "Kunda" which is made of milk, sugar and spices. The city is also known for its sugarcane cultivation and production and is hence often referred to as the "Sugar Bowl of Karnataka" or the "Sugar District." The Government of Karnataka officially changed the name of the city to Belagavi on 1st November 2014. Belgaum experiences a pleasant climate throughout the year and hosts around 6 lakh residents. The city receives heavy rainfall and has abundantly available water due to the rivers in the vicinity. Hence, the fertile soil supports the cultivation of various vegetables and fruits. Belgaum is also a source of poultry, meat and fish. The mining industry also thrives in the area due to the availability of aluminum and uranium ores. The city hosts prestigious educational institutes like the Visvesvaraya Technological University, Karnataka Law Society and Rani Channamma University.
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$.