Nagpur is a sprawling metropolis in the Indian state of Maharashtra. It is considered to be the winter capital of the state as the winter session of the Maharashtra State Assembly is held in Nagpur every year. It is not only the third largest city in Maharashtra but is also an important political and commercial center of the state. It is sometimes referred to as the Orange City for the famous Nagpur oranges that are cultivated in the city and traded extensively. Nagpur has tropical savannah climate which has predominantly dry weather prevailing throughout the year, with a bit of rainfall in June and July. Being one of the cleanest Indian cities, Nagpur offers great perks to its residents in terms of livability, health-care, greenery and public transport. Nagpur provides a base for the Indian armed forces. The 118th infantry battalion of the Indian Army is at Sitabuli fort in Nagpur. The Maintenance Command of Indian Air Force is also currently headquartered at Vayusena Nagar in Nagpur. A few of India?s pre-eminent education institutes like IIM, NIT, AIIMS, etc. have their branches in Nagpur. Although Nagpur is not exactly a tourist destination, there are several forests, tiger rivers and Buddhist stupas in and around the city that are worth visiting.
In 1926, seven businessmen of Karur founded Lakshmi Vilas Bank under the leadership of Shri V.S.N. Ramalinga Chettiar. They aimed to serve the financial needs of people who were occupied in trading businesses, industry and agriculture, in and around Karur. The bank was established on November 3, 1926, under the Indian Companies Act, 1913, and on November 10, 1926, it obtained the certificate to commence business. After the Banking Regulations Act was introduced in1949, the bank received its banking license from RBI and became a scheduled commercial bank? revealing its capability to operate as a full-fledged commercial bank. Lakshmi Vilas Bank did considerable expansion of its branch network from 1961 to 1965, when the bank took over nine other banks. The bank started the development of its branch network beyond Tamil Nadu in 1974 to take benefit from the additional opportunities across India. Thus, offices were established in the neighboring states of Karnataka, Andhra Pradesh, and Kerala, critical financial centres like Kolkata, Mumbai and New Delhi, as well as in other prominent business centers in Madhya Pradesh, Maharashtra, and Gujarat.