Dhule is one of the major cities in the Indian state of Maharashtra. Situated on the banks of Panzara River, Dhule lies in the verdurous valley of the Tapti River. It is a municipal corporation in Dhule District situated in the Khandesh region of Maharashtra. Sir Mokshagundam Visvesvaraya had planned this city. There is a famous temple of Devi Ekveera on the banks of the Panzara River, who is regarded as a Gramadevata of the city. The city experiences dry weather except for the rainy days of the monsoon. Dhule is considered to be one of the upcoming hubs of the power loom, textile and edible oil. Since it is situated at the junction of three major National Highways (NH-3, NH-6, and NH-211), it is considered to have a strategic advantage for trade. The Ministry of Electronics and IT is set to open a BPO at Dhule. The city boasts of its educational heritage which a large number of educational institutes like the SES College of Engineering, WKDSPMs Dr. Babasaheb Ambedkar Memorial College of Law, Mukesh Patel Technology Park - Narsee Monjee Institute of Management Studies, etc.
Federal Bank Limited was established on 28th April 1931. In September 2006, the Ganesh Bank of Kurundwad was merged with Federal Bank, and the total number of the bank branches crossed 500. In July 2011, the Federal office launched the general insurance cover for stabilizing the relationship with the clients. FedDelight, banks unique gift card was launched in September 2011. In November 2011, the bank started its 24/7 customer care which was controlled by differently abled people. The Federal Bank has also signed an agreement with Samba Bank for inward remittance. The stocks of the bank get listed on the BSE Index in 2012. In August 2013, the bank launched its first electronic passbook named Fedbook in India, and it was awarded as the most active organization. The bank has adopted an exclusive video conferencing facility named Vconnect to enable customers to interact with relationship managers of the bank. In June 2015, the bank launched an innovative payment app for its customers named, Scan n Pay. Another initiative in digital banking was Fed-E-Credit, the first digital loan in August 2015. In January 2016, the bank introduced miss call based banking services for fund transfer.