solapur is a West Indian Tier II city in the state of Maharashtra. It is the fourth largest district in the state. The city is located between Mumbai and Hyderabad and is connected to both of these metro cities via road and railway. Solapur was the home of many prominent freedom fighters and thus the city is recognized as "The City of Hutatmas" or "The City of Martyrs." Solapur district has 33 sugar factories, which is the highest among all districts in the country. The city is also the leading producer of Indian cigarettes or beedi in Maharashtra. Solapur has also been a leading center for cotton mills and power looms in the state, possessing Asias largest spinning mill. The city is famous for pomegranate farming which is done on a large scale in the entire district of Solapur. Solapurs economy of the city is based on medium and small scale industries like handloom and power loom industry, cotton mills and the textile industry. Solapur is the base of educational institutions like Shivaji University, Nehru Science Centre, Dr. V. M. Government Medical College and other engineering colleges. The Science Centre in Kegaon is a prominent scientific association in Maharashtra. The Ujjain Dam, , Great Indian Bustard Sanctuary and the Shri Siddeshwar Temple are places worth visiting in Solapur., solapur is a Tier II city in the Indian state of Maharashtra. It is located between Hyderabad and Mumbai, connected to both via railway and road. Many great freedom fighters of India hailed from Solapur. Hence, the city has received the title of "The City of Martyrs" or "The City of Hutatmas." The city is known for its numerous sugar factories as it is the highest maker of sugar in the entire state. It is also known for its mass production off Indian cigarettes or Beedi. The city has many cotton mills and power looms. It boasts of its spinning mill which is the largest in Asia. The handloom, cotton and textile industry fuel the city?s economy. Pomegranate is cultivated on a large scale in this city and its neighboring areas. Solapur has quite a few reputed institutes for education and research. The Science Centre in Kegaon is known for its research. The Shivaji University and Dr. V. M. Government Medical College are quite famous in the city. A few places to visit in and around Solapur include the Shri Siddeshwar Temple, Akkalkot Swami Samarth Maharaj Temple, Bhuikot Fort, Rukmini Temple, Ujjani Dam, Great Indian Bustard Sanctuary, Pandharpur, etc. Maharashtra?s first waste-to-energy electricity plant is located in Solapur.
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.