Malegaon is a small city in the Nashik District of the Indian state of Maharashtra. It was previously known as Mulligaum and it lies at the convergence of the Mausam and Girna rivers. The city is known for its famous fort. The Malegaon fort, which took 25 years to build, attracted a lot of Muslim workers and artisans from all over the country, who settled in the area. Later, many people from the Muslim community migrated to this city during various revolts and uprisings in the country. The city has roughly 6 lakh residents, among which 79% follow Islam as their religion. The city is a major hub for cloth weaving. The city has over 3 lakh power looms and t attracts workers from all the neighboring regions. PVC pipe manufacturing industry has also gained importance in Malegaon in the recent years. The citys education system supports native language Marathi as well as Urdu and English through many institutions. There are a few schools in the area, alongside junior colleges and senior colleges that are affiliated to the Pune University. The students seeking higher education generally travel to nearby cities. Malegaon is known for its notorious spoof film industry called Mollywood, which makes parodies and spoofs of classic Hollywood and Bollywood films. Its an extremely low budget film industry where most of the actors are the residents exhibiting their talents and their imaginative minds.
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$.