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Advance Salary Loan from RBL Bank in Pimpri-Chinchwad

Pimpri-Chinchwad, the twin city of Pune, is an industrial city in the Indian state of Maharashtra. The city witnessed rapid industrialization in the 1960s which developed the city into an industrial zone. Hindustan Antibiotics Limited or HAL, a public sector drug manufacturing company run by the Indian government, was the first one to set up at Pimpri-Chinchwad in 1954, giving a great start to the industrial development of the city. This city is often referred to as the "Detroit of the East" owing to its large number of industrial units that have crossed 4000 in number. This city has factories of TATA Motors, Mahindra, Bajaj Auto and many more. Various other automobile companies have set up their manufacturing units in Pimpri-Chinchwad. There are many other small as well as large-scale companies and heavy industries in the area that have opened up innumerable job opportunities in this city. The place that was earlier home to Marathi families found a lot of multi-ethnic and multi-lingual people from all over the country migrating to Pimpri-Chinchwad in search of employment. Schools, colleges, healthcare and entertainment facilities have opened up to support the lifestyle of the citys growing population. The city is well connected to Pune and other neighboring suburbs and is eagerly awaiting the Pune-Pimpri-Chinchwad Metro services expected to be operational in 2021.

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Low interest rate Premium Bike Loan in Pimpri-Chinchwad, 08 August 2020 from RBL Bank

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.

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