Ichalkaranji is a city in the Kolhapur district of the Indian state of Maharashtra. The city is known for its textile manufacturing industry and the export of textile goods. This city was initially a Maratha Princely state which is situated on the banks of the Panchganga River. It lies in the Panchganga valley, quite near to the neighboring city of Kohlapur. There are seven hamlets within Ichalkaranji. Ichalkaranji Municipal Council looks after the civic administration of the city. There are 65 wards in the city that are governed by the elected council members. The textile business boosts the economy of this city and raised the per capita income to Rs.116,472. Hence, the city is often referred to as the "Manchester of Maharashtra." Engineering, especially the manufacture of measuring instruments, is the second largest industry here and considerably contributes to the economy of the city. The finance sector also has a prominent presence in Ichalkaranji and provides employment opportunities to many residents. Sugarcane is also heavily cultivated at Ichalkaranji. The city has several schools and colleges that offer different types of education and courses. There are many institutes offering research facilities.
KBL Bank was established in 1924 at Mangaluru, a coastal town in Karnataka State. It is a leading A Class Scheduled Commercial Bank in India. The bank was formed in the aftermath of patriotic zeal that fueled the nation during the freedom movement of India in the pre-independence era. The Karnataka Limited Bank further expanded with the mergers. With around nine decades of experience of providing professional banking and quality customer services, the bank has a nationwide presence with a network of 811 branches spread across 22 states and two Union Territories. The Karnataka Bank has over 8,220 employees, 1,46,000 shareholders, and over 9.65 million customers with which the bank has emerged as a leading financial service company in India. The bank started its operations on 23rd May 1924 at Dongerkery, Mangalore. The Karnataka Bank was the first to realize the importance of having a Centralised Banking system among other banks and was the first to deploy the Core Banking System in the year 2000. This system enabled them to store and process the customers accounts from the Data Centre present in Bangalore. The bank has also deployed the State-Of-Art technology from the best players in the Industry like Infosys, Sun, and Wipro.