Jhansi is a famous and historic city in the Indian state of Uttar Pradesh. It is located in Bundelkhand, between River Pahuj and Betwa, towards the extreme south of the state. The city of Jhansi serves as the administrative headquarters of both the Jhansi district and the Jhansi division. The city of Jhansi was earlier a walled town known by the name of Balwantnagar. It was ruled by the Marathas for a long time and Rani Lakshmi Bai was the celebrated empress of Jhansi who brought the region into the limelight. The city is known for its offerings to tourism - the historical Jhansi Fort attracts a lot of visitors apart from the Government Museum of Jhansi, the Rani Mahal, and several other temples. The city is well connected to all the major neighboring cities through railway and road. Apart from some prestigious colleges and universities like Bundelkhand University, Rani Lakshmi Bai Central Agricultural University, Government Polytechnic Jhansi, etc., Jhansi also has two well-acclaimed research institutes - Indian Grassland & Fodder Research Institute and Central Agro-Forestry Research Institute.
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.