Ghaziabad is a large and developing city in the Indian state of Uttar Pradesh. This city comes under the National Capital Region (NCR). Ghaziabad is often referred to as the Gateway to the state of Uttar Pradesh because of its proximity to New Delhi. This fast-growing city has a population of more than 2 million. The city was founded in 1740 by Wazir Ghazi-ud-din. He named it ?Ghaziuddinnagar? after himself. A large area in Ghaziabad, especially the banks of the Hindon river, used to be a picnic spot for the royal family during the Mughal period. The city has two divisions that are separated by the Hindon River: the Trans-Hindon region on the west and the Cis-Hindon region on the east. It has turned into a major industrial and commercial hub of western Uttar Pradesh. The industrial growth in Ghaziabad took off soon after independence when a number of steel manufacturing units opened in the area. Electronics industry followed and a lot more major industrial houses set up their manufacturing units in Ghaziabad.
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.