Bally is a town in the Indian state of West Bengal. It is situated in the Howrah District and falls under the Howrah Municipal Corporation. The town is located on the banks of the Hooghly River and strategically stands in between two famous tourist spots - the Dakshineswar Kali Temple and the Belur Math. Bally is very well connected by road, rail as well as water. Three major railway lines pass through Bally - the Howrah-Barddhaman Chord Line, the Howrah?Bardhaman main line and the Sealdah-Dankuni Line. The town of Bally has five railway stations - Bally junction, Bally Ghat, Bally Halt, Rajchandrapur and Belanagar. The Grand Trunk Road passes through this town. Two bridges across the Hooghly river connects Bally with the metro city of Kolkata - the Vivekananda Setu (also known as Bally Bridge) and the Nivedita Setu. Bally also has a ferry pier called Bally Ghat which runs ferry services on the river. Bally is a residential suburb of Kolkata and most of its residents travel to the city for work.
On 31st October 1904, The Kumbakonam Bank Limited as it was then called was incorporated as a limited company. The first MOA was signed by 20 devoted and prominent citizens of Kumbakonam including T.S.Raghavachariar, Sarvashri R. Santhanam Iyer, S.Krishna Iyer, and V.Krishnaswami Iyengar. The First Agent of the Bank was T.S.Raghavachariar. He was succeeded by Shri R. Santhanam Iyer, who was designated as Secretary of the bank under the amended Articles of Association which states that "now onwards the secretary will be the in charge of the Banks Management in place of an agent." Shri S. Mahalinga Iyer succeeded him as Secretary who subsequently became the First full-time MD of the Kumbakonam bank as per the amendment of Articles in 1929. From 1926 to 1929, he held the position of Secretary and that of MD from 1929 to 1963. in the beginning. The bank preferred the role of a regional rural bank and slowly built an office in the Delta District, Thanjavur. On 24th January 1930, the first branch of the Bank was opened at Mannargudi. After that, branches were opened at several places within a span of 25 years. On November 14, the bank celebrated its golden jubilee at Kumbakonam.