The Indian city of Ratlam is located in the Malwa region in the state of Madhya Pradesh. The city was created soon after the Indian independence and it functions as the administrative headquarters of the Ratlam district. The city was founded by a descendant of Raja Udai Singh of Jodhpur, in the year 1652. Ratlam is known for its love of food - especially the world-famous salty snack called the Ratlami Sev. The city is also known for its purity of gold jewelry and its saree market. The Ratlami Sev is exported to foreign countries including the US and the Gulf. These three considerably contribute to the citys economic growth. Ratlam also has several industries manufacturing copper wire, plastic ropes, artificial oxygen and chemicals. The city also has a thriving market for traditional Rajasthani as well as Gujarati handwork and kitchen wares. Ratlam has quite a few good schools and colleges, but the government is establishing more educational institutions to offer a variety of courses to the young talents of Ratlam. The most famous Jain pilgrimages - Shri Nageshwar Parshwanath Tirth and Bibrod Tirth are located in Ratlam. The city also has other places of tourist attraction such as Kalika Mata Temple, Isarthuni, Bilpank Mahadev Temple, Satrunda Mataji Temple, Kedareshwar Temple, Cactus Garden, Hussain Tekri, etc.
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.