Bhatpara is a city in the Barrackpore subdivision of the Indian state of West Bengal. It is a municipality situated in the North 24 Parganas district. It is included in the Kolkata Metropolitan Development Area or KMDA. The place is known for its rich culture and traditions, especially in the field of Sanskrit learning. The name Bhatpara has been derived from its the ancient name "Bhatta-Palli," where Bhatta refers to the sect of Brahmins who were Sanskrit scholars and Palli refers to locality or village. Nestled on the banks of Hooghly river, this city is known to be house a lot of jute processing plants. Bhatpara was known for its Sanskrit education and most of the schools and colleges in the vicinity of the city offer courses in Sankskrit. It is mostly a residential city with most of its residents working in various service sectors of the KMDA region.
Muthoot Finance Ltd. is known as one the large gold financing company in the world. The company also offers other services a part from gold financing such as , money transfers, wealth management services,foreign exchange , travel and tourism and selling of gold coins at branches of Muthoot Finance Ltd. The headquarters of the company is located in Kerala, India, and it operates over 4,400 branches across India. Overseas, It has established its office in the UK, the US, and the UAE. The stocks of the company are listed on the Bombay Stock Exchange (BSE) and National Stock Exchange, while the company comes under the brand umbrella of the Muthoot Group. The target market of Muthoot Finance consists of small businesses, SME business owners, vendors, farmers, traders, and salaried individuals. In 1939, M George Muthoot founded Muthoot Finance. The Reserve Bank of India has licensed Moothot Finance company under Companies act of 1956 to operate as NBFC without taking public deposits, and it is liberated from Money Lenders Acts provisions in Karnataka and other states. The gold loan business of the company constitutes more than 99% of its total revenue.