Orai is located in the Jalaun district of Uttar Pradesh. This city functions as the district headquarters of the Jalaun district in the Jhansi division of the state. The NH-27 passes through Orai, which is midway between Jhansi and Kanpur. Orai is believed to have been named after a saint - Rishi Uddalak who is worshipped in the area. Orai was ruled by the Rajputs, the Chandels, the Mughals, the Marathas and many other regional rulers. Orai became a scene of much violence during the Great Revolt of 1857. The residents of the area who were in the 53rd Native Infantry deserted their officers and rebelled against them as soon as they came to know of the rising in Kanpur. Orai witnessed major changes after 1990 when industries were introduced to the area. HUL, Sun India Pharmacy and several other companies opened their units in and around Orai. The city was further developed as schools and colleges were established, roads were built and the infrastructure was improved. A predominantly dry area, Orai is watered by the Bethwa Canal that supports the production of grain, oil-seeds, cotton and ghee which are exported. The city has more than 2 lakh residents and they speak in Hindi.
The Bandhan Bank Ltd. is the first bank to set up in the eastern part of India after India has gained independence. On 23rd August 2015, the Bandhan bank was launched by the Union Minister of Finance, Shri Arun Jaitley Ji in Kolkata, West Bengal, India. The bank has two divisions: General Banking and Micro Banking Bandhan offering several retail financial solutions for its customers. It started as a micro-finance company in 2001 and received its banking license from the RBI in 2014. In August 2016, the first-anniversary celebration of Bandhan Bank was attended by the President of India, Shri Pranab Mukherjee. On 27th March 2018, it became the 8th largest bank in India by market capitalization. Its a bank for all, but the focus is to meet the needs of the people whom the formal banking system doesnt notice. The MD and CEO of the Bandhan Bank are Mr. Chandra Shekhar Ghosh. The Bandhan Financial Services Limited (BFSL), one of the largest microfinance organization in India owns the subsidiary of the bank known as The Bandhan Financial Holdings. The Bandhan Bank get listed on the Bombay stock exchange. For mobile banking, the Bandhan bank has launched m Bandhan app which is available for download on google play store and apple store. The users can check their account information and make money transfers through the app. It offers its world-class banking products to urban, semi-urban and the rural people being a bank for all.