The city of Sonipat is also a Municipal Corporation in the Indian state of Haryana. Situated at a distance of 43 kilometers from the capital city of Delhi, Sonipat is a part of the National Capital Region. The Yamuna marks the eastern boundary of Sonipat, which was earlier a part of Rohtak but was separated and made into a full-fledged district in 1972. Legend says that Sonipat was previously known as Sonprastha, which was modified to svarnaprastha or the golden city. Later, the name was shortened to Svarnpath, and eventually to its current form, Sonipat - also spelled as Sonepat. The Hindu epic Mahabharata says that Svarnaprastha was founded by the Pandavas. The district of Sonipat is divided into three regions - Khadar, Upland Plain and Sandy Region. The city is located on the upland plains. This area is rich in old alluvium, which is highly productive if properly irrigated. Wheat, rice, sugarcane, cotton, millet, oilseeds, pulses, barley, maize are abundantly cultivated at Sonipat using irrigation through tube wells and canals. Horticultural plants, vegetables and flowers are also cultivated. Dairy farming and animal husbandry form an essential part of Sonipats rural economy. Four industrial areas have been developed at Sonipat and factories of HSIIDC, Atlas, Birla Factory, OSRAM India, etc. have been set up. The Rajiv Gandhi Education City at Sonipat has been set up by the government that offers space to many universities for setting up their campus.
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.