Avadi is a residential city near Chennai in the Indian state of Tamil Nadu. It is considered to be a Special Grade Municipality of the Chennai Metropolitan Area which is soon to receive an upgrade to a Corporation. It is a developed area with around 3.5 lakh population. It is believed that the citys name is an acronym for Armoured Vehicles and Ammunition Depot of India. The lies on the banks of the huge and thriving Avadi Lake. The water from the lake is often utilized for the cultivation of farmlands and it also attracts several birds during various seasons. This advanced city has a renowned waste management system which converts solid household wastes into compost and manure. Avadis government establishment mainly drives its economy. The major military divisions in the vicinity of Avadi are the Indian Army, Indian Air Force, Indian Navy, Heavy Vehicles Factory, Combat Vehicles Research and Development Establishment, CRPF, The Ordnance Depot, Central Vehicle Depot, etc. The city is known for its plenty of Hindu temples.
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.