Bhagalpur is a historically important city. It is nestled on the banks of the Ganges in the Indian state of Bihar. Etymologically, the name of the city was derived from the word Bhagdatpuram which means good luck. According to the Hindu mythological texts, it was the place where the Hindu Gods and demons churned the ocean (Samudra Manthan) to procure elixir. Often referred to as the Silk City, Bhagalpur is a major commercial, educational and political center, and it has been selected by PM Narendra Modi for being developed into a smart city. The fertile plains in the Gangetic basin support the cultivation of crops such as rice, barley, wheat, maize and oilseeds. The city has been long associated with the silk industry - its Tussar Silk & Bhagalpuri Sarees are famous all over the country. The thermal power plant of NTPC Kahalgaon is located in the vicinity of the city. This industrial belt is equally important in boosting the citys economy. The Government of India has taken the initiative to establish a Hand-loom park at Bhagalpur. Private entrepreneurs have also set up a food park. Bhagalpurs Vikramshila Gangetic Dolphin Sanctuary is famous for Gangetic dolphins and attracts many tourists and environmentalists. There are various tourist spots like the Mandar Parvat, the Kuppa Ghat and a Stupa from the Pala Empire.
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.