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.
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$.