Panihati is a developing city in the North 24 Parganas district of the Indian state of West Bengal. It is a part of Kolkata Urban Agglomeration with more than 3 lakh residents. Panihati municipality is a part of the Kolkata Metropolitan Area Development Area or KMDA. There are prestigious educational institutions such as the St. Xaviers Institution, the Narula Institute of Technology, Guru Nanak Institute of Technology, etc. in the vicinity of the city. The small city is well connected via railways with two important railway stations - Agarpara and Sodepur in the vicinity. The place is known for hosting many industries. The Bengal Chemicals and Pharmaceuticals at Panihati is a leading manufacturer of medicines. The Bengal Waterproof Works Private Ltd. is popular for their brand Duckback. The Texmaco Rail and Engineering Ltd. has five manufacturing units in and around Panihati. The residents are either employed in these industries or they travel to the various service sectors of the KMDA region for work.
the KVB bank primarily operates in the treasury, corporate/retail banking segments and wholesale banking. It provides services such as personal, agricultural banking, corporate, and services to NRIs and MSME. It is based in Karur, Tamil Nadu. Its a private-sector bank, set up by M. A. Venkatarama Chettiar and Athi Krishna Chettiar in 1916. The KVB offer services like corporate loans, multicity current account, Demat account, and general insurance among others under corporate banking The bank offers housing loan, personal loan, insurance, and fixed deposits among others under private banking. The schemes supplied by KVB under agricultural banking includes Green Harvester, Green Trac, and KVB Happy Kisan among others. The bank offers products such as MSME Cash, Vendor Bill Discounting among others. In FY16, it introduced many initiatives like an e-book, reloadable cards, Kisan credit cards, automatic passbook kiosk, etc. The recent action is the introduction of a fast tag and UPI based payment system. As of Dec 2017, total business volume was 1,00,000+ crore. As on 1 July 2018, the bank had increased branches and ATMs during the year thus accounting the total number to 798 branches and 1,780 plus ATMs and 505 cash deposit machines.