Karawal Nagar is a neighborhood located in the north-east part of Delhi. It is a part of the National Capital Region. The place was founded in 1993 and it was earlier spelled as Qarawal Nagar. It is a census town in Delhi and hosts more than two lakh residents. Hindi and English are the commonly used languages in this town. Karawal Nagar experiences a climate quite similar to that of Delhi - dry hot summers and freezing winters, with very less rainfall.
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$.