The two neighboring cities of Hubli (or Hubballi in the local language) and Dharwad in the South Indian state of Karnataka were merged in 1961 to form the twin city of Hubli-Dharwad. The name "Hubballi" literally translates to "flowering creeper" in Kannada. The word "Dharwad" refers to a place of rest during long travel or a small habitation. While Hubli acts as the commercial center and business hub, Dharwad situated around 20 kilometers away is the administrative headquarter of the twin city. This city is the second largest in the state after the capital city of Bangalore. As history reveals, the area had been ruled by the famous Vijayanagara dynasty and later by the Mughals, the Nawabs, the Marathas as well as the Peshwas. Hubli, being the commercial hub, houses numerous of small and medium industries. The area is known for mining manganese ore and granite as well as for the agricultural production of cotton, groundnut and oilseeds. The twin cities are also adept at manufacture of textiles from the cultivated cotton. The green and scenic city of Dharwad, apart from housing the citys administrative departments, is also a seat of learning. Prestigious and renowned educational institutions like Karnataka Institute of Medical Sciences (KIMS), Karnataka State Law University, The District Institute of Education and Training, University of Agricultural Sciences, etc. An IIT has also been recently established at Dharwad.
south Indian Bank Limited is based at Thrissur in Kerala, India. It has 852 branches, four service branches,56 extension counters, and 20 Regional Offices spread across the states and union territories of India. It has a network of 42 Bulk Note Acceptor/Cash Deposit Machines and 133 ATMs all over India. Under the Companies Act of 1913, South Indian Bank was registered as a Private Limited Company and started operations on 29th January 1929 at Round South, Thrissur. The South Indian Bank Ltd. was founded by a group of 44 enterprising men of Thrissur who contributed Rs.500/ - individually to the initial paid-up capital. Their primary aim was to assist the merchant community of Thrissur by saving them from the grasp of the money lenders who charged exorbitant rates of interest. The bank received outstanding support from the public at large. The number of branches opening each year justifies popularity. On 7th August 1946, it was included in the second schedule of the Reserve Bank of India and became a scheduled Bank. On 17th June 1957, under section 22 of the Banking Regulation Act 1949 from RBI, SIB was the first scheduled Bank in Kerala to get the license.