Morena is located in the Indian state of Madhya Pradesh. It is situated in the Chambal division of the state and houses the administrative headquarters of the Morena district. The area was once notorious for dacoits, who terrorized the residents and plundered everything. It has now become a safer place and its 3 lakh residents can peacefully live their lives in the city. Many industrial units have been set up at Morena and the place has gained importance in terms of business and commerce. Located in the basin of the Chambal River, Morena has a tract of rich alluvial soil in some areas where wheat and oilseeds are widely cultivated. Morena has some quarries for building stones. There are forest areas which are inhabited by peacocks. The city is known for its sweets - Gajak is a traditional sweet made of sesame and jaggery and manufactured at Morena during winter; Malpua, made of flour and jaggery, is another delicious sweet that Morena is known for. Tourism is a major economic source in this city. The areas worth visiting in and around Morena are National Chambal Gharial Wildlife Sanctuary, Pahargarh cave paintings, Sabalgarh Fort, Sersaini Fort, Jain Temples and various Hindu temples.
Punjab National Bank is a financial services company and a state-owned headquartered in New Delhi, India. In 1894, the PNB was found. The bank had over 80 million customers, 6,937 branches, and 10681 ATMs across 764 cities as of 31 March 2017. Outside India, the bank has a subsidiary in the UK as well as in Hong Kong, Kowloon, Dubai, and Kabul. On 19 May 1894, the PNB was incorporated under the Indian Companies Act, with its office in Anarkali Bazaar, Lahore. The founding board from different parts of India established the bank with the common objective of creating a truly national bank which would further support the economic interest of the country. The founders of PNB included many leaders of the Swadeshi movement such as Kali Prasanna Roy, E. C. Jessawala, Prabhu Dayal, Dyal Singh Majithia and Lala Harkishen Lal, Lala Lalchand, Bakshi Jaishi Ram, and Lala Dholan Dass. The Lala Lajpat Rai was actively associated with the management of the Bank in the initial years. The board of PNB first met on 23 May 1894. On 12 April 1895, the bank began its business in Lahore. In 1900, the PNB opened its first branch outside Lahore.