Hyderabad is a flourishing Indian city that is steadily proceeding towards the pinnacle of growth and development. Hyderabad, the capital city of Telangana state, was the erstwhile capital city of Andhra Pradesh. However, Telangana broke off from the state of Andhra Pradesh in 2014 and since then Hyderabad has served as the de jure capital of AP till the time the AP government is ready with a capital city of their own. Often referred to as the City of Lakes or the City of Pearls, the twin cities of Hyderabad and Secunderabad have flourished along the banks of the Musi River and is home to a myriad historical relic from the Nizami era. This fourth most populous city is situated on the hilly terrain of the Deccan plateau amidst aplenty artificial lakes - Hussain Sagar Lake being the most popular one. Amidst the scorching summers and comfortable winters, Hyderabad presents to its tourists a plethora of historic charms in the Golconda Fort, the Salarjung Museum, the famous Charminar, the Falaknuma Palace and a handful of old bazaars of Hyderabad that have been glorified through verses by great poets like Sarojini Naidu. Tourists flock to Hyderabad to try the famously mouth-watering delicacies like the Hyderabadi Biryani and Haleem.
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.