Kolhapur is a city in the Indian state of Maharashtra. It serves as the administrative headquarters of Kolhapur District. Kolhapur has a vast historical and cultural background and is often recognized by its historical name of Karvir. Its history is marked by the rule of several dynasties who left their marks at various places in the city is marked in terms of palaces and other landmarks. The economy of the city is fuelled by manufacturing industries like textiles, leather and handicraft. Tourism and agriculture are the other two source of income for people in this city. The city is famous for its nation-wide popular Kolhapuri chappal, which is a hand-crafted buffalo leather slipper, locally tanned using vegetable dyes. Other handicrafts include manual block printing on textiles, silver goods, oxidized silver artwork, jewelry crafting, pottery, wood carving, lacquerware, brass sheet work and embroidery. The Marathi Film Industry is based out of Kolhapur and considerably contributes to the citys economic growth. The tourism industry draws devotees and tourists alike to this city. The city serves as a religious and tourist destination for Indians due to places like Mahalaxmi Temple, Jyotiba Temple, Siddhagiri Museum, Panhala Fort, Rankala Lake, etc.
The Federal Bank Limited based in Kochi, Kerala is a major private sector commercial bank. The Federal Bank had 1252 branches and 1680 ATMs across the country, as on 31 March 2016. The Pattamukkil Varattisseril Brothers gathered together to discuss the necessary steps to be taken to form a bank, on 7th April 1931 at Pattamukkil Varattisseril Tharavad. Among the founders of the bank are Pattamukkil Varattisseril Oommen Geevarghese, and his brothers Oommen Kurian, Oommen George Oommen Chacko. The Oommen Chacko was the managing director, and the Oommen Geevarghese was the founder chairman. The limitation of interest by the Travancore Debt Relief Act, 1941 and The Travancore Agriculturists Relief Act, 1939, greatly influenced the smooth functioning of the bank. On 2 December 1949, the bank was named Federal Bank Limited, after the completion of formalities of Banking Regulation Act, 1949. The Federal Bank introduced FedBook, the first electronic passbook in August 2013. The FedBook is a mobile application using which customers can check their passbook details. Federal Bank and SBI Card launched Federal Bank-SBI two co-branded Visa credit cards, namely Platinum and Gold N More in May 2015. In July 2015, an automated chat facility was introduced by the Federal Bank. Federal Bank launched Indias first Mobile App for Bank Account Opening in August 2015, creating history. As an upgrade to FedBook, e-Passbook App was launched by the bank as a unique facility of mobile-based bank opening. Anyone having an Aadhaar Card and PAN Card, can open a Savings Bank Account and get their Account Number instantly using a mobile from anywhere through the new avatar of Fedbook. In August 2016, Lotza, the Unified Payment Interface app was launched by the Federal Bank.