Faridabad, the largest city in Haryana, is located very close to the Indian capital city New Delhi. It is an integral part of the National Capital Region (NCR) owing to its proximity to Delhi. Faridabad is an industrial city. The city is spread along the banks of the Yamuna. The city is a thoroughfare for the tourists visiting Vrindavan, Mathura and Agra. The economy of the city is run by a large number of small-scale and medium-scale industries. Faridabad happens to be one of the largest exporters of Henna in India. Various prominent companies have established their headquarters in Faridabad. Many IT Companies and MNCs have established their offices in the city, offering plenty of job opportunities. Large-scale companies like Yamaha Motors, Havells, Indian Oil, Larsen & Toubro, Whirlpool, etc. have their units and manufacturing plants in Faridabad. Faridabad is a massive economic hub in Haryana that generates more than 50% of the income tax for the state government. This city hosts many modern educational institutions including schools like Apeejay and DPS, as well as colleges like Institute of Management Technology and Institute of Hotel Management. There are certain tourist spots such as Badkhal lake, Surajkund, Digambar Jain Temple in and around the city.
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.