The city of Purnia in the Indian state of Bihar also functions as the administrative headquarters of both the Purnia district and the Purnia division. It is located in the Kosi- Seemanchal area of Bihar. Purnia hosts several military bases such as Indian Air Force, Indian Army, three branches of Indias Central Armed Police Forces, the Border Security Force, the Sashastra Seema Bal and the Indo-Tibetan Border Police. The name of the city may have originated from the Sanskrit word Purna?Aranya, which means complete jungle. Purnia has a large forest cover and is located in the Mithila region of the state. The city lies on the alluvial tract of the Gangetic Plain and numerous rivers flow through the area that are mostly the tributaries of River Koshi. The city experience a favorable climate and is often referred to as "Mini Darjeeling." There are around 3 lakh residents in Purnia. Maithili, Angika, Hindi, Urdu, Bengali as well as English are the commonly spoken languages in this area. Purnia has an agricultural economy. The fertile soil supports paddy cultivation. Crops like potatoes, wheat, khesari, chickpeas, lentils, barley, sugarcane, tobacco, chili peppers, maize, makhana, mung beans and jute are also cultivated in the area. There are several poultries and fisheries in Purnia. This rapidly developing city is equipped with all modern amenities and many educational institutions.
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.