Ulhasnagar is a small and developing city located in the Thane district of the Konkan division in the Indian state of Maharashtra. It is about 55 km from away from Mumbai but is included in the Mumbai Metropolitan Region. The town city an area of approximately 13 square kilometers which is divided into 285 blocks. It is a hub for the production of rayon silk, ready-made garments, dyes, confectionaries and electrical & electronic appliances, which contribute to the citys economy. Ulhasnagar is considered to be one of the largest manufacturers and exporters of denim jeans. The city has around five lakh residents. There are 129 primary schools, 56 Secondary Schools, nine Higher Secondary schools, three colleges and two Technical Colleges in Ulhasnagar. There are many public libraries, sports grounds and movie theatres to provide entertainment facility to the residents.
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.