Bareilly is a metro city in the northern Indian state of Uttar Pradesh. It is located in Rohilkhand on the banks of the Ramganga. It is around 250 kilometers away from the state capital Lucknow as well as from the country capital Delhi. It is one of the few largest metropolia in the state which is being developed into a smart city. According to the Hindu epic Mahabharata, Bareilly was earlier known as Panchala and is believed to be the birthplace of Draupadi, who was also called Panchali. Bareilly is also known by the name Nath Nagri for the seven Shiva temples located in the region, namely - Dhopeshwar Nath, Madhi Nath, Tapeshwar Nath, Bankhandi Nath, Alakha Nath, Pashupati Nath and Trivati Nath. Apart from these Hindu temples, the city also has quite a few mosques. The economy of this city is fuelled by furniture manufacturing. Cultivation and trade of cotton, cereal and sugar also adds to the economic growth of Bareilly. The city is also known as Bans-Bareilly, named after two princes: Bansaldev and Baraldev, who had founded the city in 1537. Hindi and Urdu are the commonly spoken languages in the city, but some residents also speak in Punjabi and Kumaoni.
In 1926, seven businessmen of Karur founded Lakshmi Vilas Bank under the leadership of Shri V.S.N. Ramalinga Chettiar. They aimed to serve the financial needs of people who were occupied in trading businesses, industry and agriculture, in and around Karur. The bank was established on November 3, 1926, under the Indian Companies Act, 1913, and on November 10, 1926, it obtained the certificate to commence business. After the Banking Regulations Act was introduced in1949, the bank received its banking license from RBI and became a scheduled commercial bank? revealing its capability to operate as a full-fledged commercial bank. Lakshmi Vilas Bank did considerable expansion of its branch network from 1961 to 1965, when the bank took over nine other banks. The bank started the development of its branch network beyond Tamil Nadu in 1974 to take benefit from the additional opportunities across India. Thus, offices were established in the neighboring states of Karnataka, Andhra Pradesh, and Kerala, critical financial centres like Kolkata, Mumbai and New Delhi, as well as in other prominent business centers in Madhya Pradesh, Maharashtra, and Gujarat.