Loni is a city in the Indian state of Uttar Pradesh. It falls under the National Capital Region. The city was first established as a Nagar Panchayat on the 31st of March, 1971. It covers an area of 34.68 square kilometers and hosts around 5 lakh residents. The city is divided into 45 wards under the Loni Nagar Palika Parishad which is run by 36 employees. The city has a moderate road and railway network connecting it to the other major cities in the proximity. The third phase expansion of Delhi Metro, which is still under construction, will connect the national capital to Loni. The city drew the attention of the rest of the nation when GAIL or Gas India Limited commissioned the worlds longest cross-country LPG transmission pipeline from Jamnagar to Loni in 2001. It is a residential city within the boundaries of Ghaziabad.
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.