Allahabad is one of the oldest Indian cities situated in the state of Uttar Pradesh. The city was earlier known as Prayag which was renamed as Allahabad during the Mughal era. Allahabad has played a vital role in the history of the state as well as the country. It lies on the confluence of the Ganga, Jamuna and Saraswati rivers, elevating it to a respectable place in the Hindu religion. It is one of the most populous areas in the state of UP and is divided into 80 wards for administrative purpose, each headed by an elected representative. The economy of the city is mostly dependent on agriculture. The fertile Gangetic plain around the city facilitates this. Other industries that thrive in the city include real estate, banking and tourism. Additionally, there are a host of small-scale units in the glass and wire manufacturing sector. Allahabad is a seat of power in Uttar Pradesh. It hosts a lot of bureaucratic offices, employing a lot of people. Huge companies like Reliance, SAIL, BPCL, HCL are also functional in Allahabad, adding to the employment opportunities. The Allahabad University is one of the oldest and most reputed universities in India. There are other notable institutions in Allahabad such as IERT, Motilal Nehru National Institute of Technology, Ewing Christian college, etc. The major attraction for tourism in Allahabad is the Kumbh Mela which is a sacred rite for Hindus across the world. It gathers lakhs of visitors to the city every year. Few other places to visit in this city include the Allahabad Fort, Alfred Park, Ashoka pillar, the Victoria and Thornhill Memorials, etc.
Ratnakar Bank was founded in August 1943. According to Business World-PWC Best Bank Survey, it was rated as the fastest growing small bank simultaneously in the year 2013, 2014 and 2015. In the year 2013, it bought a particular business of the Royal Bank of Scotland due to which 1.5 lakh of RBS customers moved to RBL Bank. In the year 2016, it acquired a 30% stake in Swadharv Finserve Pvt Ltd.RBL bank started the first credit card for Gold enthusiasts in association with Indian Gold Union. To support the government campaigns such as Make In India and Startup India, the RBL Bank came up with the Startup Club to fulfill the end to end banking needs of the emerging entrepreneurial community. It has also started the financial literacy program referred to as "Shaksham" in association with CDC to provide education to 25000 individuals and 300 villages in the four districts of MP. The RBL bank has also been a banking partner for the Delhi Daredevils. RBL even started another financial literacy program "Swadhaar Finaccess" for women from lower-income communities in association with Swadhaar Information and Management Services in Gujarat and Mumbai.