Malegaon is a small city in the Nashik District of the Indian state of Maharashtra. It was previously known as Mulligaum and it lies at the convergence of the Mausam and Girna rivers. The city is known for its famous fort. The Malegaon fort, which took 25 years to build, attracted a lot of Muslim workers and artisans from all over the country, who settled in the area. Later, many people from the Muslim community migrated to this city during various revolts and uprisings in the country. The city has roughly 6 lakh residents, among which 79% follow Islam as their religion. The city is a major hub for cloth weaving. The city has over 3 lakh power looms and t attracts workers from all the neighboring regions. PVC pipe manufacturing industry has also gained importance in Malegaon in the recent years. The citys education system supports native language Marathi as well as Urdu and English through many institutions. There are a few schools in the area, alongside junior colleges and senior colleges that are affiliated to the Pune University. The students seeking higher education generally travel to nearby cities. Malegaon is known for its notorious spoof film industry called Mollywood, which makes parodies and spoofs of classic Hollywood and Bollywood films. Its an extremely low budget film industry where most of the actors are the residents exhibiting their talents and their imaginative minds.
the Prathama Bank is the first regional rural bank in India, sponsored by the Syndicate Bank in Moradabad district Uttar Pradesh on 2 October 1975. Its stocks of Syndicate Bank are listed on Bombay Stock Exchange, National Stock Exchange, and Bangalore Stock Exchange. The Bank did a partnership with UNEP for initiating successful solar loan program. The solar loan program was launched in April 2003 to promote financing of solar home systems in southern India. The 3 RRBs are sponsored by the Syndicate bank presently, and all are making a profit by generating the total business of Rs.42101 crore with 1348 branches as on 31st March 2015. The Syndicate Bank has repositioned its Logo by changing the color combinations, as a part of the brand building exercise. The combinations of Orange, Yellow, Black & White colors make the logo unique. The primary objective of logo repositioning is to provide a more clear understanding of what the organization stands for, earn loyalty from its customers, establishing a brand identity, and also to give the logo a more contemporary look in a continuously changing & dynamic business environment. The bank is hiring approximately 3000 young officers for replacing the officers getting retired. On November 7, 2017, Syndicate Bank created a human chain to spread awareness among the public for fighting with corruption. 14196 financial literacy programmes were organized to promote financial literacy in the villages, during the year 2015, in which 5.74 lakh persons were benefitted. Under PMJDY, the Bank has opened 3496559 number of accounts with a balance of Rs. 505 crore as on 31st March 2015.