Allahabad is one of the oldest Indian cities situated in the state of Uttar Pradesh. The city was earlier known as Prayag which was renamed as Allahabad during the Mughal era. Allahabad has played a vital role in the history of the state as well as the country. It lies on the confluence of the Ganga, Jamuna and Saraswati rivers, elevating it to a respectable place in the Hindu religion. It is one of the most populous areas in the state of UP and is divided into 80 wards for administrative purpose, each headed by an elected representative. The economy of the city is mostly dependent on agriculture. The fertile Gangetic plain around the city facilitates this. Other industries that thrive in the city include real estate, banking and tourism. Additionally, there are a host of small-scale units in the glass and wire manufacturing sector. Allahabad is a seat of power in Uttar Pradesh. It hosts a lot of bureaucratic offices, employing a lot of people. Huge companies like Reliance, SAIL, BPCL, HCL are also functional in Allahabad, adding to the employment opportunities. The Allahabad University is one of the oldest and most reputed universities in India. There are other notable institutions in Allahabad such as IERT, Motilal Nehru National Institute of Technology, Ewing Christian college, etc. The major attraction for tourism in Allahabad is the Kumbh Mela which is a sacred rite for Hindus across the world. It gathers lakhs of visitors to the city every year. Few other places to visit in this city include the Allahabad Fort, Alfred Park, Ashoka pillar, the Victoria and Thornhill Memorials, etc.
The HDFC Bank Limited is financial service company based in Mumbai, Maharashtra. The equity shares of the bank are listed on National Stock Exchange and Bombay Stock Exchange of India. Its American depositary shares are listed on NewYork Stock Exchange. The HDFC Bank has been awarded as the best-performing branch of microfinance among private sector banks by NABARD. It offers many products and services to its customers such as retail banking, treasury, auto loans personal loans along with mobile banking services such as Payzapp and Chillr. It was found in 1994 with its full-service branch at Sandroz, Worli which was inaugurated by the Union Finance Minister, Mr.Manmohan Singh. By assets, HDFC is the largest private sector lender. In 2016, the HDFC Bank has been awarded as the best banking performer in India by Global Brands Magazine Award. The HDFC Bank has also received the best digital banking initiative award in the year 2016 by KPMG study of Indias best banks.