The historic city of Panipat is located in the Indian state of Haryana. The three huge battles were fought near this city in 1526, 1556 and 1761, which were all major turning points in the Indian history. The city is well-known in the area by its nickname the "City of Weavers" and "Textile City." It is the global center for recycling textiles. According to the Hindu epic Mahabharata, Panipat was one of the five cities or prasthas that were founded by the Pandavas and was named Pandavaprastha in the ancient time. The city houses the Panipat Refinery and the Panipat Thermal plant. It has a population of around 9 lakh people with an average literacy rate of 87%. Few places of tourist interest in the city are the Panipat Museum, Hemus Samadhi Sthal, Ibrahim Lodhis Tomb, Baburs Kabuli Bagh Mosque, Salar Ganj Gate, Kala Amb, etc. The city is well connected to all the nearby regions through roads and railway.
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.