Mau is a town located in the Mau district of the Indian state of Uttar Pradesh. It is officially known as Maunath Bhanjan and it serves as the headquarter of the district. The city has a population of around 22 lakh people and the city celebrates various festivals like Holi, Diwali, Eid, Muharram, Durga Puja, Vijayadashami, Christmas, Bhaiya Duj, Chhath Puja, etc. with grand pomp and show. Mau is an industrial town. The textile industry of Benares and Mubarakpur saw a gradual decline over the last few decades but Mau still stands as one of the last bastions of textile hubs of UP. There are more than 50000 power-looms in the city and the state government is putting extra effort into modernizing this industry at Mau.
Ratnakar Bank was founded in August 1943. According to Business World-PWC Best Bank Survey, it was rated as the fastest growing small bank simultaneously in the year 2013, 2014 and 2015. In the year 2013, it bought a particular business of the Royal Bank of Scotland due to which 1.5 lakh of RBS customers moved to RBL Bank. In the year 2016, it acquired a 30% stake in Swadharv Finserve Pvt Ltd.RBL bank started the first credit card for Gold enthusiasts in association with Indian Gold Union. To support the government campaigns such as Make In India and Startup India, the RBL Bank came up with the Startup Club to fulfill the end to end banking needs of the emerging entrepreneurial community. It has also started the financial literacy program referred to as "Shaksham" in association with CDC to provide education to 25000 individuals and 300 villages in the four districts of MP. The RBL bank has also been a banking partner for the Delhi Daredevils. RBL even started another financial literacy program "Swadhaar Finaccess" for women from lower-income communities in association with Swadhaar Information and Management Services in Gujarat and Mumbai.