saharanpur is a city as well as a Municipal Corporation in the Indian state of Uttar Pradesh. It is located near the borders of Haryana, Himachal Pradesh and Uttarakhand. It functions as the administrative headquarters of both the Saharanpur District and the Saharanpur Division. The city of Saharanpur emerged in a region that was named after a Sufi Saint called Shah Haroon Chishti. The foundations of the present-day city of Saharanpur is laid on the site of an army cantonment by its founder Sah Ranbirsingh, who was a Jain nobleman. The city boasts of the long historic past, ruled by several dynasties like the Delhi Sultanate, the Mughals, the Sayyids, the Rohillas and the Marathas. The British Government provided many infrastructural upliftments to the city and built the citys famous Botanical Garden, also known as Company Garden. Saharanpur is surrounded by an extremely fertile agricultural region which abundantly produces grains and fruits. The city is also famous for its wood carving cottage industry. It has a thriving market for local agricultural produce like basmati rice and mangoes. A wide variety of industrial enterprises are operational in Saharanpur. Textiles, sugar, paper and cigarette factories serve as a major source of employment to the people of the city.
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.