Gwalior is a city in the Indian state of Madhya Pradesh. It is also the largest city in the state. It is rapidly developing into a smart city. The city is the administrative headquarter of the Gwalior District, divided into 60 wards for administrative purposes. One of the main concerns of this city is its pollution levels as it has the highest levels of air pollution among all Indian cities. The economy of Gwalior is boosted by trade, market hubs and agriculture. Wheat, jowar, paddy, and pulses are the chief crops cultivated in the area. There are many sandstone quarries in and around the city. Three major industrial areas in the vicinity of the city add to the citys economic growth. The industrial belts at Sitholi, Banmore and Malanpur mainly focus on dairy, chemical and textiles. The city is known for educational institutes like the Indian Institute of Tourism and Travel Management and the ITM University. Gwalior serves as the tourism capital of Madhya Pradesh. The dramatic and dominant Gwalior Fort located atop a hill is the main attraction of this city. People from all over the country visit Gwalior to explore this beautiful fort as well as for other attractions like the Scindia museum, Saas-bahu temple, Gwalior temple, Jaivilas Mahal, Man Singh Palace, Madhav national park, Jain Rock Sculptures, etc. Gwalior is famous for its old marketplaces. The Maharaj Bada, Ghas Mandi, Loha Mandi and Hazira are centuries old marketplaces with ancient buildings displaying different styles of architecture that still remain in the city, contrasting the modern shopping malls that have recently come up.
The Vijaya Bank was founded by a group of farmers under the leadership of A. B. Shetty on 23 October 1931, in Mangaluru, Dakshina Kannada District of Karnataka State. It was named Vijaya Bank since it was found on the auspicious Vijayadashami Day. During the economic chaos created out of the Great Depression of 192730, Shetty approached some eminent personalities to start a bank with the aim of providing credit facilities at a lower rate of interest to the farmers for cultivating their lands and preventing them from falling in the grasp of money lenders. On 23 October 1931, Mr.Shetty involved 14 leaders and established Vijaya Bank. The bank had an authorized capital of ?Five lakh and an issued capital of ?Two lakh in the beginning. Being a retail bank, its topline growth has come from the retail segments. Retail advances of the bank constitute 30% of the gross credit. The Bank has been actively working with the agenda of financial inclusion. The bank has been started with the objective of financial empowerment and providing banking services to the rural masses. The Vijaya bank has also opened Basic Savings Bank Accounts under Pradhan Mantri Jan Dhan Yojana and provided Rupay debit cards to all the account holders. The bank participated in promoting social security schemes such as Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and Atal Pension Yojana.