Barasat is a neighborhood in Kolkata, situated in the Indian state of West Bengal. It functions as the headquarters of the North 24 Parganas district as well as the Barasat Sadar subdivision. Known for its strategic location at a railway and road junction, Barasat is a regional transportation hub. Several important roads, including National Highway 12, National Highway 112 pass through the town. During the Mughal period, Sankar Chakraborty (who was a commander of the king of Jessore in Bangladesh) came to Barasat and established himself. During the British era, the officials of the East India Company made Barasat a weekend retreat by constructing houses with gardens. Warren Hastings had built his villa in the heart of the region. The place was known for its indigo cultivation and thus contributed largely to the economy of the state. The city is located in the Gangetic plain. Today, the fertile land of the area ensures the cultivation of crops like rice, legumes, potatoes, sugarcane and coconuts. Prestigious academic institutes such as West Bengal State University, Barasat Government College, Brainware University, Adamas University, etc. are located in Barasat. The city has many Ashramas dedicated to different saints and gurus for the Hindu devotees.
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.