Bhatpara is a city in the Barrackpore subdivision of the Indian state of West Bengal. It is a municipality situated in the North 24 Parganas district. It is included in the Kolkata Metropolitan Development Area or KMDA. The place is known for its rich culture and traditions, especially in the field of Sanskrit learning. The name Bhatpara has been derived from its the ancient name "Bhatta-Palli," where Bhatta refers to the sect of Brahmins who were Sanskrit scholars and Palli refers to locality or village. Nestled on the banks of Hooghly river, this city is known to be house a lot of jute processing plants. Bhatpara was known for its Sanskrit education and most of the schools and colleges in the vicinity of the city offer courses in Sankskrit. It is mostly a residential city with most of its residents working in various service sectors of the KMDA region.
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.