Gurgaon is an important and economically developed city in the Indian state of Haryana which falls within the territorial boundaries of the National Capital Region. It acts as a satellite city to the capital city of New Delhi. Its name was officially changed to Gurugram in 2016. Popularly referred to as the Millenium City, Gurgaon has witnessed rapid development over the past 30 years. It is one of the Indian cities with the highest per capita income. This planned and organized urban agglomerate is divided into 36 wards, which are further divided into blocks with many apartments and residential complexes. The main road through Gurgaon is the NH-8 expressway which joins Delhi to Jaipur. The city hosts the offices and outlets of 250 out of the Fortune 500 companies and it is a major haven for outsourcing and employment. The DLF Cyber City in Gurgaon is a large IT hub which hosts many of these offices. Famous educational institutions like the MDI Gurgaon, ITM University, The Shri Ram School are situated in Gurgaon. Entertainment and commercial centers such as Ambience Mall, Epicentre, etc. have opened up plentifully. The city is witnessing speedy urbanization and is on its way to becoming a leading financial and industrial hub.
RBL is a scheduled commercial bank, based in the Mumbai region of Maharashtra, India. It was founded in August 1943. The bank has a gross business size of around Rs. 0.64 million Cr. The RBL bank provides banking services categorized into five sectors: Retail Banking, Commercial Banking, Corporate & Institutional Banking, Agri & Development Banking and Financial Markets. Ratnakar Bank was a bank in Maharashtra with two of its branches in Kolhapur and Sangli in August 1943. In the Kolhapur-Sangli belt, it used to serve to the small and medium business merchants. In August 1959, the Bank was recognized as a "Scheduled Commercial Bank" under the Reserve Bank of India Act, 1934. RBL Bank was also known as NH4 Bank since most of its occupation was limited to the cities in the 1,235-km National Highway 4 that connected four of the ten most dense cities in India. In the 2010s, RBL Bank has allegedly raised Rs 4,000 Cr, from investors. In 2011, the Bank raised Rs. 700 Cr, Rs 376 Cr, in 2014 Rs. 328 Cr. and in 2016 Rs.488 Cr. RBL Bank raised Rs 330 Crores from the UK-based development finance institution, CDC Group Plc (CDC), through Basel III compliant Tier II capital, in September 2016. In July 2017, RBL Bank got the board approval to raise Rs 1680 Cr.