Vadodara is more popularly known by its earlier name Baroda. It is an important city in Gujarat. Vadodara stands third among the largest cities in Gujarat, closely following Ahmedabad and Surat. It is known for its rich cultural heritage, and hence the city has earned the name of the ?Sanskrit Nagar? or the ?Kala Nagari? (City of Arts). After the Mughals were expelled by the Marathas from Gujarat, their local lieutenants known as the Gaekwad clan settled down in Vadodara. The descendants of the royal family still remain in this city in the famous Lakshmi Vilas Palace. Fertilizers, medicines, compounds, fisheries, dairy, fiber weaves and machine gears contribute to this citys economy. Crops like rice, wheat, grams, sugarcane, yellow peas and yarn are harvested in Vadodara. The city is located on the banks of the Vishwamitri river. Vadodara experiences a semi-arid climate, with dry summers and winters and humid monsoon days. Many large-scale and heavy industries can be found in this city. Units of Indian Oil Corporation (IOCL), Indian Petrochemicals Corporation Limited (IPCL), Gujarat State Fertilizers & Chemicals (GSFC), Oil and Natural Gas Corporation (or ONGC), Gujarat Alkalis and Chemicals Limited (GACL) and Gas Authority of India Limited (GAIL) are to be found in and around the city. There are numerous educational institutions in Vadodara including the largest university in Gujarat - Maharaja Sayajirao University of Baroda.
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.