The city of Arrah, situated in the Indian state of Bihar, is also a municipal corporation and the district headquarter of the Bhojpur district. The city has derived its name from the famous temple of Goddess Aaranya. Arrah lies near the confluence of the Ganges and Sone rivers. The name of the city is often transliterated as Ara. The economy of the city relies on farming and cultivation. The rich and fertile soil facilitates the cultivation of rice and wheat. Apart from these chief crops, other crops such as sugarcane, guava, mango, tomato and potato considerably contribute to the citys agrarian economy. Apart from the agro-based industries, the city also has an LPG Bottling Plant and it provides much space and scope for the development of other industries. The service sector in Arrah is also quite thriving and provides employment opportunity to many residents in construction work, automobile services as well as in the hospitality and commercial sectors. The city is a hub of appeal for Jainism as it has several old temples and hermitages. Other popular places of tourist attraction include the Sun Temple at Dev, Aranya Devi Temple, Veer Kunwar Singh Kila, Shahi Masjid, Karbala the Mosque, Chaturvuj Narayan Mandir, Mahamaya Mandir, Bhavani Mandir, Parswanath Mandir, Mahathin Mai Mandir, etc.
The J&K Bank is a private sector banking and financial services company based in Srinagar, Jammu, and Kashmir. J&K Bank established on October 1, 1938, was the first bank in the country to emerge as a state-owned bank. On 1 October 1938, the Jammu and Kashmir Bank was founded by Maharaja Hari Singh (the Maharaja of Jammu and Kashmir). The eminent investors were invited by the Maharaja to become the founding directors and shareholders of the bank. The most notable investors were Abdul Aziz Mantoo, Pesten jee, Pandit Sriniwas Magotra, and the Bhagat Family, all of whom acquired a significant holding in bank shares. On 4 July 1939, the bank commenced the operations, and it was declared as the first semi-state-owned bank of with participation in capital by State and the public under the control of State Government. The bank had achieved the status of a scheduled bank In the year 1971 and was recognized as an "A" Class bank by the Reserve Bank of India in 1976. The bank had to face severe difficulties during independence time as out of its ten branches two branches of Muzaffarabad, Rawalakot, and Mirpur fell to the other side of the line of control (now Pakistan administered Kashmir) along with cash and other assets. As per the regulations of Indian Companies Act 1956, the bank was declared as a government company following the extension of Central laws to the state of Jammu & Kashmir.