Khandwa is a city in the Indian state of Madhya Pradesh. It is a Nagar Nigam in the Nimar region of the state. It also functions as the administrative headquarter of the Khandwa District. An ancient city, Khandwa has many places of worship for Hindus and Jains. The city used to be a center of Jainism during the 12th century. During the British era, Khandwa became the main commercial center of the Nimar region. Khandwa is known for the cultivation of local crops such as cotton, wheat and soybean along with an assortment of seasonal vegetables and fruits. The city grows a special variety of wheat known as Khandwa2, which is famous all over the country for its aroma, color and quality. A hydropower project by the name of Indira Sagar Pariyojna is located in the vicinity of Khandwa. A few other industries in the region include Nepa paper mills, Mansingka oil mills and Nimar textiles. The four Kunds, namely Padam Kund, Suraj Kund, Bheem Kund and Rameshwar Kund, located in four corners of the city, adds to the fame of the city. The famous tourist places in Khandwa are Dada Darbar Khandwa, Turja Bhavani Temple and Nagchun Talab. Hanumantiya Island at Khandwa is a an adventurous place for water sports in the backwaters of Indira Sagar Dam.
DCB Bank Ltd. is a private sector commercial bank having a network of 310 branches and 515 ATMs in India. The bank offers products to small and medium businesses, rural banking, individuals, and mid-corporates across the branch network. The DCB Bank is declared as the Best Small Bank in India by Businessworld Magna Awards 2017. The Bank is present in 19 States and 3 Union Territories. The DCB Bank is also considering expansion in tier 3 to tier 6 towns in Odisha, Karnataka, Chhattisgarh, and Telangana, Andhra Pradesh, Gujarat, Haryana, Madhya Pradesh, Maharashtra. The states where DCB Bank branches are located in India: Andhra Pradesh, Bihar, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Chhattisgarh, Delhi NCR, Gujarat, Goa, Haryana, Karnataka, Uttarakhand and West Bengal. Recently the branches of DCB Bank were inaugurated at Kusnoor (Gulbarga) in Karnataka, Ajmer in Rajasthan and Vishakhapatnam in Andhra Pradesh, New Delhi in the National Capital Region. In the 1930s, in Mumbai from a series of Co-operative bank mergers with the Ismailia Co-operative Bank Limited and the Masalawala Co-operative Bank respectively, DCB bank was found. The promoter of the Bank is the Aga Khan Fund for Economic Development (AKFED) with around 15.02% stake. On 31 May 1995, the Bank received the Scheduled Commercial Bank license from the Reserve Bank of India.