Latur, also known as Lattaluru, is an emerging city in the Marathwada region of the Indian state of Maharashtra. The city is close to the state boundary of Maharashtra and Karnataka, on the Balaghat plateau. It functions as the administrative headquarter of the Latur district. The city is a celebrated tourist hub as its historical monuments and the famous Kharosa Caves attract many visitors. Over the centuries, the place was ruled by various great rulers such as the Satavahanas, the Sakas, the Yadavas of Deogiri, the Delhi Sultans, the Chalukyas, the Bahamani rulers of South India, the Mughals, Adilshahi, etc. Latur is a major producer of sugarcane, edible oils, soybean, grapes and mango production. The Keshar Amba variety of mango was developed in the Latur region. Latur is the largest trading center for soybean in India. The city is within the sugar Belt of Maharashtra as it houses more than eleven sugar factories. It also has a thriving market for fruits, oilseeds and commodities. There are many industrial units for agro-processing, edible oils, consumer durables, aluminum processing, plastic processing, agriculture and biotech. It has many cold storage facilities that are privately owned as well as owned by the state.
In 1994, HDFC Bank was established, based in Mumbai, India. As of 31st March 2018, it has a presence of 88,253 permanent employees. Outside India, it is present in Bahrain, Hong Kong, and Dubai. The largest bank in India by market capitalization and ranked 69th in 2016 BrandZ Top 100 Most Valuable Global Brands. The Union Finance Minister, Mr. Manmohan Singh inaugurated the first office of HDFC Bank. Across India, the bank had 4,715 branches and 12,260 ATMs, as of June 30, 2017. In FY 2017, 4.30 lakhs POS terminals were installed and 235.7 lakhs debit cards and 85.4 Lacs credit cards were issued. Several products and services are offered by the HDFC Bank including wholesale banking, auto loans, two wheeler loans, personal loans, treasury, retail banking, loans against property. HDFC bank also introduced various digital products such as Payzapp and Chillr. In February 2000, the HDFC Bank merged with Times Bank. It was one of the first mergers of two private banks in the new-generation private sector banks category. The HDFC Board approved the acquisition of Centurion Bank in 2008 for 95.1 billion INR which was one of the most significant mergers in India in the financial sector.