Panchkula is a well-planned city located in the Indian state of Haryana. It lies adjacent to the union territory of Chandigarh and Mohali. Panchkula is a part of Greater Chandigarh which is also called the Chandigarh capital region. The Chandigarh-Mohali-Panchkula metropolitan area together forms a Chandigarh Tricity, which has a combined population of over 2 million. Panchkula alone has an approximate population of more than 5.5 lakh people. Panchkula hosts the Chandimandir Cantonment, the headquarters of the Indian Armys Western Command. The word "Panchkula" is derived from the words panch which means five in Sanskrit and kula which is the Sanskrit word for canals. Therefore the name of the city possibly refers to the five irrigation canals which distribute water to several parts of the city from the Ghaggar-Hakra River. The IT Park at Panchkula is a state of art infrastructure that aims to facilitate information technology in the city. The IT Park is spread over a vast expanse of 74 acres of land and is situates on the foothills of Shivalik Hills. It provides employment opportunities to the residents as well as migrants from other parts of the country. Tourism is another great source of economic growth. The places in and around Panchkula that are worth visiting are Pinjore Gardens, National Cactus and Succulent Botanical Garden and Research Centre, Kaushalya Dam, Khol Hi-Raitan Wildlife Sanctuary, Bir Shikargah Wildlife Sanctuary, and several temples.
The HDFC Bank Limited was started in Mumbai. As of 31st March 2018, the bank has more than 88,000 permanent employees in India, and abroad, it has offices in Bahrain, Hong Kong, and Dubai. By assets, the HDFC Bank is Indias largest private sector lender. It is the largest bank in India and ranked 69th in 2016 BrandZ Top 100 Most Valuable Global Brands. In 1994, the HDFC Bank was established with its registered office in Mumbai, India. The then Union Finance Minister, Manmohan Singh inaugurated its first corporate office and a full-service branch at Sandoz House, Worli. The bank had 4,715 branches and 12,260 ATMs across India, as of June 30, 2017. In FY 2017, the bank also installed 4.30 lakhs POS terminals and issued 235.7 lakhs debit cards and 85.4 Lacs credit cards. The HDFC Bank offers many products and services including wholesale banking, treasury, auto loans, two wheeler loans, personal loans, retail banking, loans against property and credit cards. Along with this various digital products are also introduced by HDFC such as Payzapp and Chillr. The HDFC Bank merged with Times Bank in February 2000. In the new-generation private sector banks category, it was the first merger of two private banks. HDFC Bank acquired Centurion Bank in 2008 approved by the HDFC Bank Board for 95.1 billion INR as one of the most significant mergers in the financial sector in India.