North Dumdum is a thriving city in the Indian state of West Bengal. It is a municipality in the Barrackpore subdivision of the North 24 Parganas district and consists of localities like Nimta, Birati and parts of Rajarhat. The North Dumdum municipality was established in 1870. During the partition of Bengal in 1947, numerous refugees had migrated to this region from former East Pakistan. Initially, the bulk of refugees were mostly non-agriculturists and they made some vocational arrangements of their own by taking to squatting. They indulged in the forcible occupation of barracks and collectively took-over the private and government lands. By the year 1949, several refugee colonies had emerged in the area. Within very less time, these squatters not only found places to stay but also developed a properly functioning society with markets, schools, temples and eventually built colleges, hospitals and recreational centers. North Dumdum has over 2.5 lakh residents now. It houses the Netaji Subhash Chandra Bose International Airport, which is the only international airport in the state. This area comes under the Kolkata Metropolitan Area and most of its residents work in the various service sectors of the neighboring metro city.
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.