The towns of Sangli, Miraj and Kupwad in the Sangli district of the Indian state of Maharashtra were clubbed together to form a small city. With a population of about half a million, Sangli-Miraj-Kupwad is considered to be the largest municipal corporation in South Maharashtra. This mini-metropolitan city is governed by the Sangli-Miraj-Kupwad Municipal Corporation, which is made of democratically elected members, headed by a mayor. The town of Sangli is to be found on the banks of river Krishna. Miraj is a major railway junction, a major healthcare center as well as an export hub of various Indian musical instruments. Kupwad, a small town earlier, is an industrial area harboring many foundries, oil manufacturing units, spinning mills, chocolate factories, cold storage, etc. Notable foundries located in this area are Tulsi foundry and J sons foundry. The famous chocolate manufacturer, Lotte, has its factory in this city. Spinning mills like Toto Toya spin ltd, oil manufacturers like Chakan oil mills are also based out of Kupawad. The city has a mixed group of multi-cultural residents who speak in various languages including Marathi, Urdu, Telugu, Kannada and Hindi.
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.