Kota is a south-eastern city in the Indian state of Rajasthan. It lies on the banks of River Chambal. It is the 3rd most populous city in Rajasthan and also the administrative headquarters of Kota district divided into 60 wards. This city is also known as the Education City of India as it is a major coaching hub for competitive examination preparations offered by plentiful engineering and medical coaching institutes located in the city. The city also hosts mainstream educational institutions and universities. The Rajasthan Technical University, University of Kota, Vardhaman Mahaveer Open University, Indian Institute of Information Technology Kota and University Engineering College further justify its name as the Education City of India. Kota is often referred to as the Industrial city of Rajasthan. Its main economic source is manufacturing industries like chemical, cotton and oilseed milling, textile weaving, engineering, distilling and dairy. Kota is known for its metal handicrafts. Crops like cotton, millet, wheat, coriander and oilseeds are cultivated in and around the city. Kota also has some amazing places to visit. The Chambal Garden, Kota Zoological Park, Seven Wonders Park, Chatra Vilas Garden, Kishore Sagar Lake, Agamgarh Gurudwara Sahib, Jag Mandir, Godavari Dham Temple, Rangbari Balaji Temple, Garadia Mahadev Temple, etc. are frequented by the natives as well as tourists.
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.