The city of Farrukhabad in the Indian state of Uttar Pradesh was earlier a princely state. The Ganga, the Ramganga and the Kali rivers are located near the city. The city has a population of around 3 lakh people. It is well connected through railways as there are five more railway stations, namely Fatehgarh Station, Kaimganj Station, Kamalganj Station, Yaqutganj Station, Harsinghpur Goba Station apart from the citys main railway station called Farrukhabad Junction. The city is on the route of the Ganga Expressway, which provides high-speed connectivity between Greater Noida in the west of the state and Ballia in the east. Farrukhabad also has a bus station that belongs to the State Road Transport System. An airstrip at Mohammadabad near Farrukhabad ensures that the city can be reached easily by small aircrafts and helicopters in case of an emergency or natural disaster.
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.