Indore is a rapidly developing tier 2 city which is also the commercial capital of the state of Madhya Pradesh. It is proceeding towards becoming a major cosmopolitan hub in central India. The city has set trends in the fields of art, media, commerce, trade, fashion, etc. Indore emphasizes upon finance, research, technology, education and entertainment too, thus justifying its status of being the commercial capital of the state. Indore is said to have the largest economy in central India. It serves as the business and trading capital of the state. Indore is known for its textile industry, which is the largest in India. Handloom and dyeing industries are also quite popular in this city. Indore also focuses on extracting oil using Ghani, weaving bamboo mats and baskets and manufacturing metal utensils. It also has a growing industry of embossing and engraving on gold and silver ornaments. Indore is situated on a high elevation and at the same time, it is an inland location. Hence, it experiences a mix of the humid subtropical climate and the tropical savanna climate. Even the hottest days in the city are relaxed by relatively cool and comfortable nights. This place never lacks enjoyable things ? there are shopping malls, theatres, roller-coaster rides, go-karting tracks, magic shows, circuses - Indore has it all! It has many places of historical and religious importance for visitors to explore.
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.