Barasat is a neighborhood in Kolkata, situated in the Indian state of West Bengal. It functions as the headquarters of the North 24 Parganas district as well as the Barasat Sadar subdivision. Known for its strategic location at a railway and road junction, Barasat is a regional transportation hub. Several important roads, including National Highway 12, National Highway 112 pass through the town. During the Mughal period, Sankar Chakraborty (who was a commander of the king of Jessore in Bangladesh) came to Barasat and established himself. During the British era, the officials of the East India Company made Barasat a weekend retreat by constructing houses with gardens. Warren Hastings had built his villa in the heart of the region. The place was known for its indigo cultivation and thus contributed largely to the economy of the state. The city is located in the Gangetic plain. Today, the fertile land of the area ensures the cultivation of crops like rice, legumes, potatoes, sugarcane and coconuts. Prestigious academic institutes such as West Bengal State University, Barasat Government College, Brainware University, Adamas University, etc. are located in Barasat. The city has many Ashramas dedicated to different saints and gurus for the Hindu devotees.
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.