Parbhani is a city in the Indian state of Maharashtra. It functions as the administrative headquarters of Parbhani District situated in the Marathwada region of the state. Parbhani was earlier a part of the Nizam State and was later passed on to the Hyderabad State. When the Indian states were reorganized in 1956, Parbhani became a part of the then Bombay state. It was included within the boundaries of Maharashtra in 1960. The famous Vasantrao Naik Marathwada Agricultural University is located in Parbhani. In ancient times, the city was known by the name "Prabhavati Nagari," named after a massive temple of Goddess Prabhavati in the area. The present name of the city is a distorted form of Prabhavati. Parbhani has around 3 lakh residents and has been recognized as one of the cleanest cities in Maharashtra. Parbhani is located in the Godavari Valley, and hence the citys soil is very fertile as well as rich in nutrients. The economy of Parbhani is largely fuelled by agriculture and agribusiness. Parbhani is well connected to the neighboring areas and also offers all modern amenities to its residents. An annual festival is organized at Hazrat Turabul Haq Dargah in Parbhani, which attracts lakhs of tourists each year.
TMB, a private sector bank established in 1921 as Nadar bank, later the name changed to Tamilnad Mercantile Bank in November 1962. The head office of the Tamilnad Bank is at Thoothukudi, Tamil Nadu. The primary objective of founding TMB was to serve the Nadar business community, and the idea was proposed at the annual meeting of Nadar Mahajani Sangam at Tuticorin in 1920. AMMS Chinnamani Nadar found the other founding members of the bank and played a significant role in its formation in 1921. Outside Tamil Nadu, the bank opened its first branch in Bangalore in 1976. The bank had only four offices by 1947: Sivakasi, Tuticorin, Madurai, Virudhunagar. On 9 December 1984, the bank opened its first computerized branch in Tuticorin at WGC road. In 1983, the bank started using modern technologies and was the first to adopt computerization for branch level operations. All the 500 branches of the bank are connected using Infosys FINACLE software. For providing payment gateway services to its internet banking customers, TMB has partnered with Pay U India, Bill Desk, CC Avenue, etc. It is the first bank to provide POS machines and mobile banking to its customers. For connecting Head office with regional offices, the bank has adopted video conferencing facility. For ATM operations, TMB is a member of National Financial Switch.