The city of Raichur is located between Krishna and Tungabhadra rivers in the Indian state of Karnataka. The city houses around 2 lakh residents. Although Kannada is the main language of Raichur, Telugu and Urdu are also widely spoken. Raichur is known for its imposing Raichur Fort which was built in 1294. The fort contains stone inscriptions in Persian and Arabic that adds to its rich history. The had been a part of various empires including the Bahmanis, the Vijayanagara Empire and the Hyderabad empire. The city is also very rich from the epigraphical perspective. Hundreds of inscriptions have been found in the area, ranging from the Mauryan period till the Muslim period, belonging to almost every dynasty that ruled over the Decan. These inscriptions are in a variety of languages such as Kannada, Telugu, Arabic, Sanskrit, Prakrit, and Persian. There are gold mines surrounding the city of Raichur that vastly contribute to the economy of the city. The city is also a leading producer of cotton and oil.
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.