The twin cities of Kalyan and Dombivli were joined and converted into the Kalyan-Dombivli municipal corporation in 1982 to improve the administration of the twin townships. The headquarter of this city is situated in Kalyan. Kalyan and Dombivli are both cities in the Thane District of Konkan division in Maharashtra state. The city comprises a majority of Hindu residents who speak mostly in Marathi. The weather in this city follows the exact trends as that of Mumbai and is known to experience the notorious Mumbai rains. The twin city of Kalyan-Dombivli had been under the reigns of the Mughal, the Portuguese as well as the British. The celebrated Maratha heroes, held in high esteem by the residents, were the only valiant defense against these foreign invasions. The city of Kalyan used to be surrounded by a fort wall which was constructed during the Mughal age and further improved by the Maratha rulers. It was called the Durgadi Fort. History claims that a small wooden temple dedicated to Durgadevi was behind the mosque inside this fort wall. However, this historical relic was dismantled by the British and the stones were used to build the piers of Thane and Kalyan. The idol in the temple was also stolen. Only the remnants of the north-west gate of this fort still remain to remind the people of the historic past.
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.