Nashik, in Maharashtra, is known for its grapes which have earned this city the title of the "wine capital of India." Around 200 kilometers north of Mumbai, Nashik is an ancient city which stands on the banks of the Godavari. It is the 4th largest city in Maharashtra. Its expansive surroundings, the popular tourism and a soothing climate altogether make it a unique place. With thousands of Indians visiting the Trimbakeshwar Temple at Nashik, this city has become a popular pilgrimage for devotees. Nashik is regarded as one of the holiest Hindu cities as it has more than a hundred ancient temples such as the Shiva Temple and the Kalaram Temple. Anjaneri, the birthplace of Lord Hanuman, is also situated near Nashik. The famous Kumbh Mela is held at Nashik. Mythologically, Nashik is believed to be the location where Laxman, upon Lord Ramas advice, cut the nose of Ravanas sister Shurpanakha. Thus the city was named "Nashik," derived from the Sanskrit word "Nashika" which means nose. The economy of Nashik is mainly driven by agriculture, grape production in particular. Several industries have also come up in the area. Hindustan Aeronautics Limiteds aircraft manufacturing plant has made the city a defense and aerospace manufacturing hub. The Currency Note Press, where the Indian currency notes are printed, and the India Security Press, where Indian government stamps are printed, are among the other important units at Nashik. Thus, Nashik is one of those cities that have witnessed drastic economic progress in the last decade.
Established in 1994,the IndusInd Bank Ltd is a Mumbai based bank which offers commercial and electronic banking products and services. The Union Finance Minister, Mr.Manmohan Singh inaugurated it in April 1994. The operations of the bank started under the chairmanship of S.P Hinduja on 17th April 1994, with the aim of serving to the NRI community. The name of the bank is inspired from the Indus Valley Civilization.The bank began with a capital amount of Rs.1 billion out of which Rs. 600 million had been raised by the Indian residents and rest of the amount by NRIs.Among the new-generation private banks, IndusInd Bank is the first in India. The bank has its specialization in retail banking, and it keeps on upgrading its support systems through new technologies. It is also expanding its branches all across the country along with global spread. The IndusInd bank has its subsidiaries in Abudhabi, London, and Dubai. The maximum number of offices in India are in New Delhi, Mumbai, and Chennai. It has 1885 ATMs and 1004 bank branches across 625 locations of the country as on June 2016. The bank has been ranked 13th among top 50 most valuable brands on Brandz Top in the year 2015.