Ahmednagar is a city in the eponymous district in the Indian state of Maharashtra. Ahmednagar has been named after its founder Ahmad Nizam Shah I, who had founded the town in 1494 and established the Nizam Shahi Dynasty. The city still contains innumerable buildings from the Nizam Shahi period. The Ahmednagar Fort, which was famous in the British era as an impregnable building in which the imperial colonizers had housed Indian Nationalists like Jawaharlal Nehru before Indian independence, still stands proudly in the city as a museum. Pandit Nehru had written the famous book "The Discovery of India" during his confinement in this fort. The region is known for its sugar cultivation but often lapses into drought due to the lack of rainfall. The city serves as a strong military base as it houses the Indian Armoured Corps Centre & School, the Mechanised Infantry Regimental Centre, the Vehicle Research and Development Establishment and the Controllerate of Quality Assurance Vehicles. This historic city has many great places worth visiting. Chand Bibi Palace, Cavalry Tank Museum, Rehekuri Blackbuck Sanctuary, Ahmednagar Fort and Meherabad are few of the places in this area that attract tourists.
In 1943, Rai Bahadur Lala Sohan Lal Ji, the first Chairman of OBC, founded it in Lahore. Within four years of its existence, the Oriental Bank of Commerce had to face Partition between India and Pakistan. The bank had to shut its branches in the newly formed Pakistan and move its registered office to Amritsar. The period of 1970-76 had been the most challenging phase in the history of the Bank. The OBC merged with Global Trust Bank (GTB) on 14 August 2004. The acquisition brought 103 branches with it, which increased OBCs branch number total to 1092. The bank presents a wide range of banking products and financial services such as deposit accounts, credit cards with a tie-up with SBI, Insurance products, ATMs, loans, debit cards, Internet banking, Self-banking halls, call center, mobile banking, etc. The Bank has introduced another peoples participation in the planning process at grass root level fundamentally to tackle the maladies of poverty. The Grameen Projects venture aimed to alleviate poverty while identifying the reasons responsible for the failure or success. The OBC has already introduced a GRAMEEN PROJECT in Dehradun District (UK) and Hanumangarh District in Rajasthan.