Allahabad is one of the oldest Indian cities situated in the state of Uttar Pradesh. The city was earlier known as Prayag which was renamed as Allahabad during the Mughal era. Allahabad has played a vital role in the history of the state as well as the country. It lies on the confluence of the Ganga, Jamuna and Saraswati rivers, elevating it to a respectable place in the Hindu religion. It is one of the most populous areas in the state of UP and is divided into 80 wards for administrative purpose, each headed by an elected representative. The economy of the city is mostly dependent on agriculture. The fertile Gangetic plain around the city facilitates this. Other industries that thrive in the city include real estate, banking and tourism. Additionally, there are a host of small-scale units in the glass and wire manufacturing sector. Allahabad is a seat of power in Uttar Pradesh. It hosts a lot of bureaucratic offices, employing a lot of people. Huge companies like Reliance, SAIL, BPCL, HCL are also functional in Allahabad, adding to the employment opportunities. The Allahabad University is one of the oldest and most reputed universities in India. There are other notable institutions in Allahabad such as IERT, Motilal Nehru National Institute of Technology, Ewing Christian college, etc. The major attraction for tourism in Allahabad is the Kumbh Mela which is a sacred rite for Hindus across the world. It gathers lakhs of visitors to the city every year. Few other places to visit in this city include the Allahabad Fort, Alfred Park, Ashoka pillar, the Victoria and Thornhill Memorials, etc.
The Bandhan Bank Ltd. is based in Kolkata, West Bengal. Bandhan started as a micro-finance company in 2001 and received its banking license from the RBI in 2014. On 27th March 2018, it became the 8th largest bank in India by market capitalization. The Bank has 840 branches, 2,443 Doorstep Services, 282 ATMs and 12,004 Mini-ATMs or Hand-Held Devices according to the Annual Report of the bank (2016-17). Mr. Harun Rasid Khan is the chairman of the Bandhan Bank. In July 2016, he had been the Deputy Governor of the Reserve Bank of India. The founder cum managing director and chief executive officer of the Bandhan Bank are Mr. Chandra Shekhar Ghosh. The RBI licensing norms state explicitly that a new bank must have a ? 500 crore capital. The Bandhan Financial Services Limited (BFSL), one of the largest microfinance organization in India owns The Bandhan Financial Holdings. The SIDBI bank, International Finance Corporation (IFC), Financial Inclusion Trust, North Eastern Financial Inclusion Trust, Singapore Sovereign Wealth Fund GIC and the Bandhan Employees Welfare Trust are the significant investors in the parent organization of Bandhan Bank. The Bandhan Bank get listed on the Bombay stock exchange. On 23rd August 2015, the Bandhan bank was launched by the Union Minister of Finance, Shri Arun Jaitley Ji in Kolkata, West Bengal, India. After a year, the first-anniversary celebration of Bandhan Bank was attended by the President of India, Shri Pranab Mukherjee. 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.