The Indian city of Belgaum is a city in the northern part of the state of Karnataka and lies along the Western Ghats. The Government of Karnataka intends on making Belgaum the second capital of Karnataka. It is being developed into a smart city. The city was earlier known as Venugram which means Bamboo village in Sanskrit. The city has recently acquired a new name as "Kunda Nagari" for its famous sweet dish called "Kunda" which is made of milk, sugar and spices. The city is also known for its sugarcane cultivation and production and is hence often referred to as the "Sugar Bowl of Karnataka" or the "Sugar District." The Government of Karnataka officially changed the name of the city to Belagavi on 1st November 2014. Belgaum experiences a pleasant climate throughout the year and hosts around 6 lakh residents. The city receives heavy rainfall and has abundantly available water due to the rivers in the vicinity. Hence, the fertile soil supports the cultivation of various vegetables and fruits. Belgaum is also a source of poultry, meat and fish. The mining industry also thrives in the area due to the availability of aluminum and uranium ores. The city hosts prestigious educational institutes like the Visvesvaraya Technological University, Karnataka Law Society and Rani Channamma University.
The HDFC Bank Limited was started in Mumbai. As of 31st March 2018, the bank has more than 88,000 permanent employees in India, and abroad, it has offices in Bahrain, Hong Kong, and Dubai. By assets, the HDFC Bank is Indias largest private sector lender. It is the largest bank in India and ranked 69th in 2016 BrandZ Top 100 Most Valuable Global Brands. In 1994, the HDFC Bank was established with its registered office in Mumbai, India. The then Union Finance Minister, Manmohan Singh inaugurated its first corporate office and a full-service branch at Sandoz House, Worli. The bank had 4,715 branches and 12,260 ATMs across India, as of June 30, 2017. In FY 2017, the bank also installed 4.30 lakhs POS terminals and issued 235.7 lakhs debit cards and 85.4 Lacs credit cards. The HDFC Bank offers many products and services including wholesale banking, treasury, auto loans, two wheeler loans, personal loans, retail banking, loans against property and credit cards. Along with this various digital products are also introduced by HDFC such as Payzapp and Chillr. The HDFC Bank merged with Times Bank in February 2000. In the new-generation private sector banks category, it was the first merger of two private banks. HDFC Bank acquired Centurion Bank in 2008 approved by the HDFC Bank Board for 95.1 billion INR as one of the most significant mergers in the financial sector in India.