Bhiwani, a city and a municipal council, is located in the Bhiwani district of the Indian state of Haryana. It is a seat of spiritual learning and the center of regional politics. Bhiwani was known as the Gate of Rajputana before the independence. The city had 12 mighty gates in the 14th century, constructed by Thakur Neem Singh. Bhiwani is known for its conventional school of boxing. Many members of the Indian Boxing Squad are from Bhiwani. Some believe that Bhiwani got its name from Goddess Gauri Bhawani, yet another belief prevails that the name is derived from a Rajput Queen by the name of Bhani. The town has been a prominent center of commerce since the Mughal era. The town is also known for its numerous temples which earns it the name of "The Kashi of Haryana." Bhiwani is known for its textile industry and it houses the Grasim Textile Mills. The Technological Institute of Textile & Sciences at Bhiwani is Indias top textile research institute that was established by the Birla Group. There are also a few other colleges offering courses in technology, nursing and general disciplines.
The J&K Bank is a State-owned banking and financial services company based in Srinagar, Jammu, and Kashmir. It was incorporated on October 1, 1938. On 1 October 1938, the Jammu and Kashmir Bank was founded by Maharaja Hari Singh (the Maharaja of Jammu and Kashmir). The bank had achieved the status of a scheduled bank In the year 1971. It had to face severe problems during the time independence when two branches of Muzaffarabad fell to the other side of the LOC (now Pakistan administered Kashmir) along with cash and other assets. It has been designated as the RBIs agent for all the banking related businesses, making it the first bank of its kind. Any savings account opened with the bank will attract an interest-earning which is paid to the customer after every six months. The rate of interest is 4% per annum.The bank provides services through internet banking to its customers. Some of the facilities are: Tax payment, Inquiry of account balance, Account statement generation, Fund transfer facility. Mr. Parvez Ahmed is the chairman and CEO of Jammu & Kashmir Bank.