Ludhiana is the largest city in the north Indian state of Punjab. It is one of the richest cities in our country. The city is known to be a textile manufacturing hub in the north. It has a lot of large, medium and small scale manufacturing units. Ludhiana is also known for its industrial units. These units mostly produce and supply for bicycle and auto parts. The city is centrally located in the middle of the state. It provides a lot of employment opportunities to people from the state as well as across the country. Ludhiana also has substantial agricultural lands in the outskirts of the city that require a lot of manpower supplied by various parts of India. Ludhiana has been on a consistent upward trajectory due to its industries and it is rumored that Ludhiana has the largest number of imported luxury vehicles in the whole nation. The central city is densely populated with many markets and small trading units. On the education front, this city is home to the largest agricultural university in the continent called the Punjab Agricultural University. Besides this, there are some old and modern colleges such as Christian Medical College, Sri Aurobindo College of Commerce and Management, University Business School, etc. There are a few places in Ludhiana that attract visitors. Phillaur Fort, Maharaja Ranjit Singh war museum, Gurudwara Nanaksar Jagroan, Nehru Rose Garden, etc. are of great tourist interest. Ludhiana is soon becoming a hub of real estate since plenty of commercial and residential projects are coming up in the city, opening up multiple new job avenues.
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.