Parbhani is a city in the Indian state of Maharashtra. It functions as the administrative headquarters of Parbhani District situated in the Marathwada region of the state. Parbhani was earlier a part of the Nizam State and was later passed on to the Hyderabad State. When the Indian states were reorganized in 1956, Parbhani became a part of the then Bombay state. It was included within the boundaries of Maharashtra in 1960. The famous Vasantrao Naik Marathwada Agricultural University is located in Parbhani. In ancient times, the city was known by the name "Prabhavati Nagari," named after a massive temple of Goddess Prabhavati in the area. The present name of the city is a distorted form of Prabhavati. Parbhani has around 3 lakh residents and has been recognized as one of the cleanest cities in Maharashtra. Parbhani is located in the Godavari Valley, and hence the citys soil is very fertile as well as rich in nutrients. The economy of Parbhani is largely fuelled by agriculture and agribusiness. Parbhani is well connected to the neighboring areas and also offers all modern amenities to its residents. An annual festival is organized at Hazrat Turabul Haq Dargah in Parbhani, which attracts lakhs of tourists each year.
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.