Ambala is a city as well as a municipal corporation located in the district of the same name within the Indian state of Haryana. The city forms the border of Haryana and Punjab and lies close to the state capital Chandigarh. Ambala consists of two sub-areas - the Ambala Cantonment area and the Ambala City are, that are less than a kilometer apart. The twin city has a large base of Indian Army and Indian Air Force within its cantonment area. This city separates the Ganges network from the Indus network and the rivers Ghaggar and Tangri surround it. Ambala plays a pivotal role in local tourism, connecting tourists to Chandigarh, Shimla, New Delhi and Amritsar. Gurudwara Manji Sahib, situated within the city, is a place worth visiting in Ambala. The economy of the city is fuelled by its "Cloth Market" which draws shoppers from surrounding areas. It has a dense cluster of at least 1000 wholesale shops that sell a wide range of cloth items like hand-loom textiles, silk, various kinds of sarees, suitings, shirtings as well as dress material of all types. This market is considered to be the largest cloth trading market in Asia. Most of the residents of Ambala are employed in this business.
The Kumbakonam Bank Limited, the previous name of City Union Bank, was registered as a limited company on 31 October 1904. In the Thanjavur district of Tamil Nadu, the bank initially preferred the role of a regional bank. The City Union Bank had a network of 600+ computerized branches (using TCS BaNCS software) as of November 2017 and 1,526+ ATMs across the country. The City Union Bank also offers a range of technical services such as self-service kiosks, bulk note acceptors, net banking, mobile banking, and Point of Sales, etc. The banks also provide savings and deposit products to meet the demand of various customers. It also offers many loan products to serve the financial needs of small individual customers to large industries. City Union Bank launched Indias first banking robot named Lakshmi in November 2016. It is the first on-site humanoid robot in India. The robot is capable of managing multiple tasks on sensitive financial information like account details. Dr. N Kamakodi is the MD and CEO of City Union Bank since 2011. The digital banking products and services of City Union Bank includes Passbook printing kiosk, Credit card and traveling card facility, cheque clearing kiosk, etc.