Bokaro, or Bokaro Steel City, is a highly planned city located in the Indian state of Jharkhand. It functions as the administrative headquarters of the Bokaro district. It is one of the largest and most populous cities in Jharkhand. Bokaro was one of the earliest planned cities in the eastern part of India. The whole city is meticulously planned and organized into sectors with avenues, residential and commercial areas. Each sector is equipped with shopping complexes, schools, playgrounds, health centers and recreational facilities. The city has developed around the eponymous Bokaro Steel Plant which is an integrated public sector steel plant that was built with the help from the Soviet Government. It has now been merged with Indian Governments Steel Authority of India Limited or SAIL. The residents of this city are mostly employed in the Bokaro Steel Plant.
On 12th March 1906, the Corporation Bank established as Canara Banking Corporation Limited, in the temple town of Udupi, by a group of visionaries. The initial growth was consciously cautious and need-based. In 1923, the first Bank branch was opened at Kundapur, and in 1926 the second branch was opened in Mangalore. In 1934, the Bank stepped into Coorg State by opening its seventh branch. The Bank got listed in the second schedule of RBI Act, 1934 in the year 1937. The name of the Bank had changed from Canara Banking Corporation Ltd to Canara Banking Corporation Ltd In 1939. In 1972, the bank changed its name again, from ?Canara Banking Corporation Ltd.? to ?Corporation Bank Limited.? And finally, the bank became ?Corporation Bank? after its nationalization on 15th April 1980. The total revenue of the Bank was Rs.3.29 lakh crore, as on 30th September 2017. Currently, the Bank has 3169 ATMs, 4724 Branchless Banking Units, and 2501 fully automated CBS branches, across India. The Bank has its representative Offices at Dubai and Hong Kong. The Branchless banking units have been expanded to more than 4700 villages by the Corporation Bank alongside issued smart cards to all account holders in these villages to enable them to use the Business Correspondents model operated by the Bank.