Avadi is a residential city near Chennai in the Indian state of Tamil Nadu. It is considered to be a Special Grade Municipality of the Chennai Metropolitan Area which is soon to receive an upgrade to a Corporation. It is a developed area with around 3.5 lakh population. It is believed that the citys name is an acronym for Armoured Vehicles and Ammunition Depot of India. The lies on the banks of the huge and thriving Avadi Lake. The water from the lake is often utilized for the cultivation of farmlands and it also attracts several birds during various seasons. This advanced city has a renowned waste management system which converts solid household wastes into compost and manure. Avadis government establishment mainly drives its economy. The major military divisions in the vicinity of Avadi are the Indian Army, Indian Air Force, Indian Navy, Heavy Vehicles Factory, Combat Vehicles Research and Development Establishment, CRPF, The Ordnance Depot, Central Vehicle Depot, etc. The city is known for its plenty of Hindu temples.
The Bandhan Bank Ltd. is the first bank to set up in the eastern part of India after India has gained independence. On 23rd August 2015, the Bandhan bank was launched by the Union Minister of Finance, Shri Arun Jaitley Ji in Kolkata, West Bengal, India. The bank has two divisions: General Banking and Micro Banking Bandhan offering several retail financial solutions for its customers. It started as a micro-finance company in 2001 and received its banking license from the RBI in 2014. In August 2016, the first-anniversary celebration of Bandhan Bank was attended by the President of India, Shri Pranab Mukherjee. On 27th March 2018, it became the 8th largest bank in India by market capitalization. Its a bank for all, but the focus is to meet the needs of the people whom the formal banking system doesnt notice. The MD and CEO of the Bandhan Bank are Mr. Chandra Shekhar Ghosh. The Bandhan Financial Services Limited (BFSL), one of the largest microfinance organization in India owns the subsidiary of the bank known as The Bandhan Financial Holdings. The Bandhan Bank get listed on the Bombay stock exchange. For mobile banking, the Bandhan bank has launched m Bandhan app which is available for download on google play store and apple store. The users can check their account information and make money transfers through the app. It offers its world-class banking products to urban, semi-urban and the rural people being a bank for all.