The city of Etawah is located in the Indian state of Uttar Pradesh. Located on the banks of the Yamuna, this city functions as the administrative headquarters of the Etawah District. Etawah was an important center for the Revolt of 1857. The city witnesses the confluence of the Yamuna and the Chambal. The relics of the Great Hedge of India can be found in this city. History claims that this region existed even in the Bronze Age. The Hindu epic Mahabharata records this place as Ekchakranagari. This is where the Pandavas had learned about Draupadis swayamvara from the Brahmins. The Guptas, the Kanvas, Kanishka and the Naga kings have ruled over this area. During the Great Revolt of 1857, Etawah was occupied by the freedom fighters for six months from June to December, which disrupted the British rule for quite a long time. The economy of this area is supported by the cultivation of cotton, oilseeds, ghee and other agricultural produce that are locally consumed as well as exported. Special breeds of goats and buffaloes called Jamunapaari and Bhadawari respectively are raised in the area and exported. Etawah has a natural gas-based power generation plant. However, it doesnt have any manufacturing industry. Etawah is also known for its handloom products.
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.