Patna is the largest city in Bihar and the second largest in eastern India, right after Kolkata. It is also the capital city of the state. The city is located on the southern bank of River Ganga. This city was found in 490BC by the Magadha empire and was named Pataliputra. The city has been under the dominance of great dynasties such as the Mauryas, Guptas, Palas and Nandas, who made this city a seat of arts and education in the olden days. Being the 5th among the fastest growing cities in the country, the World Bank had ranked Patna as the second most business-friendly Indian city in 2009. It is one of the rapidly growing Indian cities with the GDP of around 7.29%, which is on the rise with each passing year. It is one of the oldest cities of India. A primarily agricultural city, Patnas economy is based on the production and export of sugarcane, sesame, grains and rice. In the last few years, Patna has undergone a sustained growth phase due to the ?Green Revolution? business, which saw the rise of the FMCG industry and excellent performance of the service sector. This city is developing at a rapid pace as many SMEs and heavy industries are expanding to offer people numerous opportunities, thus making Patna a highly convenient place for people to settle down.
The Karnataka Bank Limited is commercial banking institution having a network of 807 branches, 1374 ATMs across 22 states and two union territories having 8,220 employees and over 9.65 million customers throughout the country. Over 1,46,000 shareholders privately own its shares and the tagline of the bank is "Your Family Bank Across India."In August 2008, Sun and NDTV Green IT Award were received by Karnataka Bank Limited in recognition of the banks "green policies" and use of earth-friendly technology such as solar power. For the year 2010-11, the bank received the Best Bank Award for "Managing IT Risk" under small bank category, by Institute for Development and Research in Banking Technology (IDRBT). The Karnataka Bank Limited was incorporated on 18 February 1924 and operations were commenced on 23 May 1924. Quick Remit, a facility of money transfer was introduced by the Karnataka Bank Limited in August 2008 for Non-Resident Indians living in Canada, United States, and the UK. The bank also runs a 24-hour Internet banking service called Money click. Some of the digital banking products of Karnataka Bank Ltd are KBL-ApnaApp, KBL-m PassBook, KBL Smartz and KBL POS Manager.