The city of Sonipat is also a Municipal Corporation in the Indian state of Haryana. Situated at a distance of 43 kilometers from the capital city of Delhi, Sonipat is a part of the National Capital Region. The Yamuna marks the eastern boundary of Sonipat, which was earlier a part of Rohtak but was separated and made into a full-fledged district in 1972. Legend says that Sonipat was previously known as Sonprastha, which was modified to svarnaprastha or the golden city. Later, the name was shortened to Svarnpath, and eventually to its current form, Sonipat - also spelled as Sonepat. The Hindu epic Mahabharata says that Svarnaprastha was founded by the Pandavas. The district of Sonipat is divided into three regions - Khadar, Upland Plain and Sandy Region. The city is located on the upland plains. This area is rich in old alluvium, which is highly productive if properly irrigated. Wheat, rice, sugarcane, cotton, millet, oilseeds, pulses, barley, maize are abundantly cultivated at Sonipat using irrigation through tube wells and canals. Horticultural plants, vegetables and flowers are also cultivated. Dairy farming and animal husbandry form an essential part of Sonipats rural economy. Four industrial areas have been developed at Sonipat and factories of HSIIDC, Atlas, Birla Factory, OSRAM India, etc. have been set up. The Rajiv Gandhi Education City at Sonipat has been set up by the government that offers space to many universities for setting up their campus.
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.