Gwalior is a city in the Indian state of Madhya Pradesh. It is also the largest city in the state. It is rapidly developing into a smart city. The city is the administrative headquarter of the Gwalior District, divided into 60 wards for administrative purposes. One of the main concerns of this city is its pollution levels as it has the highest levels of air pollution among all Indian cities. The economy of Gwalior is boosted by trade, market hubs and agriculture. Wheat, jowar, paddy, and pulses are the chief crops cultivated in the area. There are many sandstone quarries in and around the city. Three major industrial areas in the vicinity of the city add to the citys economic growth. The industrial belts at Sitholi, Banmore and Malanpur mainly focus on dairy, chemical and textiles. The city is known for educational institutes like the Indian Institute of Tourism and Travel Management and the ITM University. Gwalior serves as the tourism capital of Madhya Pradesh. The dramatic and dominant Gwalior Fort located atop a hill is the main attraction of this city. People from all over the country visit Gwalior to explore this beautiful fort as well as for other attractions like the Scindia museum, Saas-bahu temple, Gwalior temple, Jaivilas Mahal, Man Singh Palace, Madhav national park, Jain Rock Sculptures, etc. Gwalior is famous for its old marketplaces. The Maharaj Bada, Ghas Mandi, Loha Mandi and Hazira are centuries old marketplaces with ancient buildings displaying different styles of architecture that still remain in the city, contrasting the modern shopping malls that have recently come up.
After the Banking Regulations Act was introduced in1949, the Laxmi Vilas Bank received its license from RBI and became a scheduled commercial bank? revealing its capability of operating as a full-fledged commercial bank. The Laxmi Vilas Bank is a private sector bank and was founded in 1926. It is based in Chennai, Tamil Nadu, India and did considerable expansion of its branch network from 1961 to 1965, when the bank took over nine other banks. In 1976, the bank obtained the status of Authorized Dealer in foreign exchange for providing services to the customers involved in international trade as well as to travelers who travel overseas. In 1977, the mechanization was introduced in the administrative office. The bank implemented core Banking Solution (CBS) in October 2006, and all of the banks branches were migrated to CBS by March 2008. Lakshmi Vilas Bank has 523 offices,984 ATM centers, and seven extension counters, as of 2018. Mr. Partha Sarthi Mukherjee is the MD and CEO of Lakshmi Vilas Bank. The bank was established on November 3, 1926, under the Indian Companies Act, 1913, and on November 10, 1926, it obtained the certificate to commence business.