Pallavaram, situated in the Indian state of Tamil Nadu, was originally known as Pallava Puram. It is a residential locality in Chennai. It is known for its bustling residential colonies and cantonments. The Pallavaram railway station serves the neighborhood and it belongs to the Chennai Suburban Railway Network. The historical town of Pallavaram has been resided in since the Paleolithic Age. Pallavaram has derived its name from the Pallava settlement in the area. The cantonment and aerodrome were built during the British rule. The British conducted mining activities on Pallavaram Hill. The hill, made of charnockite rock, presumably possesses healing properties. This city is one of the oldest inhabited regions in South India as many stone age artifacts have been uncovered in the area. The city has more than 2 lakh residents who speak in Tamil. Most of the residents work in various service sectors in the neighboring city of Chennai.
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.