The city of Hapur is located in the district of the same name in the Indian state of Uttar Pradesh. It was earlier known as Haripur. The city falls under the National Capital Region and functions as the headquarters of the Hapur district. The city had been under the dominance of the French and the British. It has always been known for its several fine groves that surround the city. The economy of Hapur depends upon the cultivation and trade of sugar, grain, bamboo, cotton and timber. Brass utensils are also manufactured in Hapur and exported. The city is being rapidly developed. The Hapur-Pilkhuwa Development Region is being set up with many colleges, schools and a research institute. Housing complexes are also being constructed with large amounts of investment from famous developers such as Ansal Housing Group, Eros Group, etc. The city has an approximate population of 2.5 lakh residents. Steady and rapid urbanization will make Hapur a much-coveted place to settle in.
The government of India owns the Canara Bank as one of the largest and oldest public sector banks. The headquarter of the bank is in Bengaluru. It had a network of 6639 branches and more than 10600 ATMs all over India, as of 30 October 2017. The bank also has offices outside India in Hong Kong, Moscow, Shanghai, Doha, London,Bahrain, Dubai, Tanzania,South Africa, and New York. On 1 July 1906, the Canara Hindu Permanent Fund in Mangalore, India, was initiated by Ammembal Subba Rao Pai. The fund name was changed to Canara Bank Limited in 1910 when it was incorporated. In 1958, Canara Bank was permitted by the Reserve Bank of India to acquire G. Raghumathmul Bank of Hyderabad. G. Raghumathmul Bank had five branches at the time of the acquisition. The merger took effect in 1961. Canara Bank acquired Trivandrum Permanent Bank, later in 1961. Along with 13 other prominent commercial banks of India, on 19 July 1969, the Government of India nationalized Canara Bank. Canara Bank inaugurated its 1000th branch in 1976. In 1985, Canara Bank acquired Lakshmi Commercial Bank in a rescue. Due to these acquisitions, Canara Bank got some 230 branches in northern India.