Loni is a city in the Indian state of Uttar Pradesh. It falls under the National Capital Region. The city was first established as a Nagar Panchayat on the 31st of March, 1971. It covers an area of 34.68 square kilometers and hosts around 5 lakh residents. The city is divided into 45 wards under the Loni Nagar Palika Parishad which is run by 36 employees. The city has a moderate road and railway network connecting it to the other major cities in the proximity. The third phase expansion of Delhi Metro, which is still under construction, will connect the national capital to Loni. The city drew the attention of the rest of the nation when GAIL or Gas India Limited commissioned the worlds longest cross-country LPG transmission pipeline from Jamnagar to Loni in 2001. It is a residential city within the boundaries of Ghaziabad.
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.