The Indian city of Ratlam is located in the Malwa region in the state of Madhya Pradesh. The city was created soon after the Indian independence and it functions as the administrative headquarters of the Ratlam district. The city was founded by a descendant of Raja Udai Singh of Jodhpur, in the year 1652. Ratlam is known for its love of food - especially the world-famous salty snack called the Ratlami Sev. The city is also known for its purity of gold jewelry and its saree market. The Ratlami Sev is exported to foreign countries including the US and the Gulf. These three considerably contribute to the citys economic growth. Ratlam also has several industries manufacturing copper wire, plastic ropes, artificial oxygen and chemicals. The city also has a thriving market for traditional Rajasthani as well as Gujarati handwork and kitchen wares. Ratlam has quite a few good schools and colleges, but the government is establishing more educational institutions to offer a variety of courses to the young talents of Ratlam. The most famous Jain pilgrimages - Shri Nageshwar Parshwanath Tirth and Bibrod Tirth are located in Ratlam. The city also has other places of tourist attraction such as Kalika Mata Temple, Isarthuni, Bilpank Mahadev Temple, Satrunda Mataji Temple, Kedareshwar Temple, Cactus Garden, Hussain Tekri, etc.
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.