Yamunanagar is a municipal corporation in the eponymous district of the Indian state of Haryana. The river Yamuna runs through the city and thats how the city has got its name. The town is popular for its cluster of plywood units, which provides Indias finest timber to even larger industries. The old town of Yamunanagar is called Jagadhri. The Jagadhri railway station is situated in Yamunanagar and it services the city. Yamunanagar used to be a green, clean and prosperous industrial city which has recently developed severe pollution problems. The city is rapidly developing, with the inauguration of many multiplexes and various high-end brand stores. The city has nearly 4 lakh residents who speak in Hindi, Pwadhi, Punjabi and Haryanvi. The Ballarpur Industries Limited at Yamunanagar is the countrys largest manufacturer of writing and printing paper. The city manufactures paper and sugar machinery and other equipment for petrochemical plants, that are shipped to various other refineries across the country. The city is known for its plywood industry, which runs on the easily accessible raw material ? poplar tree. Yamunanagar has one of Indias biggest railway carriage and wagon repair workshops. Reliance has recently installed a Thermal Power Station in the town.
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.