Pimpri-Chinchwad, the twin city of Pune, is an industrial city in the Indian state of Maharashtra. The city witnessed rapid industrialization in the 1960s which developed the city into an industrial zone. Hindustan Antibiotics Limited or HAL, a public sector drug manufacturing company run by the Indian government, was the first one to set up at Pimpri-Chinchwad in 1954, giving a great start to the industrial development of the city. This city is often referred to as the "Detroit of the East" owing to its large number of industrial units that have crossed 4000 in number. This city has factories of TATA Motors, Mahindra, Bajaj Auto and many more. Various other automobile companies have set up their manufacturing units in Pimpri-Chinchwad. There are many other small as well as large-scale companies and heavy industries in the area that have opened up innumerable job opportunities in this city. The place that was earlier home to Marathi families found a lot of multi-ethnic and multi-lingual people from all over the country migrating to Pimpri-Chinchwad in search of employment. Schools, colleges, healthcare and entertainment facilities have opened up to support the lifestyle of the citys growing population. The city is well connected to Pune and other neighboring suburbs and is eagerly awaiting the Pune-Pimpri-Chinchwad Metro services expected to be operational in 2021.
PNB was found in 1894 and registered under the Company Act on 19th May with its office in Lahore before partition. Presently the head office is in New Delhi, India. The bank had over 80 million customers, 6,900 branches across India. Overseas, PNB has a banking subsidiary in the UK, Kowloon, Hong Kong, Dubai, and Kabul. It was established with the primary objective of strengthening the economic development in the country. The representative offices of PNB are in Dubai, Sydney, Almaty, Oslo, and Shanghai. The bank started its operations on 12th April 1895. The founding members of PNB consist of many leaders from the Swadeshi movement. Mr.Lala Lajpat Rai was actively involved with the management of bank in its initial years of formation. The PNB was the first national bank to began and survive with the national capital. It had the privilege of maintaining accounts of prominent leaders such as Lal Bahadur Shastri, Mahatma Gandhi, Indira Gandhi and JL Nehru. The first branch of PNB outside Lahore was started in 1900. In 1969, the government nationalized it.