Raebareli is a city as well as a municipal board that functions as the administrative headquarter of the Raebareli district in Uttar Pradesh. The city is situated on the bank of the Sai river, The city has many architectural wonders and sites, chief among which is a strong and spacious fort. The city is a part of the Gangetic alluvial plain. The mineral of importance in this area is kankar. Deposits of reh and brick earth are also found in the nearby areas. The Rae Bareli district is under the Lucknow division of the state. The city is divided into 15 blocks to ensure effective management and civic governance. Raebareli has quite a few educational institutions of great repute such as campuses of Kendriya Vidyalaya, AIIMS, NIFT, etc. The Indira Gandhi Rashtriya Uran Akademi is an institute located in Raebareli that trains pilots. There are around 2 lakh residents in this city who speak in Hindi.
The government owns Punjab & Sind Bank, and it is based in New Delhi. Its 623 offices are in Punjab state out of 1554 branches spread all over India. On 24 June 1908, the Punjab & Sind Bank was founded by Sir Sunder Singh, MajithaBhai Vir Singh, and Sardar Tarlochan Singh. The Government of India nationalized the Punjab National Bank on 15 April 1980 along with other six banks in the second wave of nationalizations. The first nationalization had been in 1969 when the government nationalized the top 14 banks. The Punjab & Sind Bank established a branch in London in the 1960s. In 1991 the London branch was acquired by the Bank of Baroda at the order of the Reserve Bank of India due to Punjab & Sinds involvement in the Sethia fraud in 1987. The Punjab & Sind has shown growth of over 40% year on year since 2004, and its IPO was put over the top by more than 50 times recently. In business, the bank crossed a mark of Rs 1 lac crore. The Punjab & Sind Bank sponsored a regional rural bank known as Sutlej Gramin Bank. The products of Punjab and Sind bank includes Debit Card, ATM, Internet Banking, Mobile Banking, SMS Banking, BHIM, UPI, POS Machine, AADHAR PAY, BHARAT QR