Nangloi Jat is popularly known as "Nangloi." It is a locality situated in the western district of the Union Territory of Delhi. The city surrounded by Paschim Vihar, Najafgarh, Bahadurgarh and Delhi Outer Ring road. The National Highway 10 or the Rohtak Road runs through Nangloi. The city is connected to the Delhi Metro on its Green Line. Some striking landmarks in Nangloi include Maharaja Surajmal Stadium, Krishan Mandir, Northern Railways Jal Neer Plant and Nangloi Railway Head. The region has developed tremendously since the liberalization of the Indian economy in 1991. Many health-care centers have been established here, along with all other amenities required for a comfortable living. A look-alike of the Qutub Minar, Hastsal ki Laat, that is similar to the famous monument in design and is made with similar red sandstone, is located near Nangloi. It was built by the Mughal Emperor Shahjahan in 1650 and is definitely worth a visit.
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.