Bhind is a city as well as a district in the Chambal division of Madhya Pradesh. The city functions as the headquarters of the district. The city is surrounded by uneven ravines, scanty forests and plain fertile fields. The soil of the area is very fertile as it is drained by five rivers and an extensive canal system. The Chambal, Kali Sind, Kwari, Pahuj and Baisali rivers. The city and the district has been named after Vibhandak Rishi, a mythological Hindu saint, who was also called Bhindi Rishi. Bhind has a lot of mythological significance. Apart from many Jain temples, Bhind is also known for a few tourist spots. National Chambal (Gharial) Wildlife Sanctuary lies in the vicinity of the city and attracts a lot of tourists. The Gohad Fort, the Sun Temple near Mihona Tehsil, the Ancient Dandraua Temple and numerous other Hindu temples in the area are worth visiting. The industrial belt in the vicinity of this town hosts many industries such as modern automobiles, bicycles, electronics, pharmaceuticals, soaps, detergents and food and dairy products
On November 3, 1926, the Laxmi Vilas Bank was founded under the Indian Companies Act, 1913, and on November 10, 1926, it had achieved the certificate to commence business. In 1926, seven businessmen of Karur founded Lakshmi Vilas Bank under the leadership of Shri V.S.N. Ramalinga Chettiar. They aimed to serve the financial needs of people who were occupied in trading businesses, industry and agriculture, in and around Karur. The Laxmi Vilas Bank is a private sector bank. It is based in Chennai, Tamil Nadu, India and did considerable expansion of its branch network from 1961 to 1965, when the bank took over nine other banks. In 1976, the bank obtained the status of Authorized Dealer in foreign exchange for providing services to the customers involved in international trade as well as to travelers who travel overseas. In 1977, the mechanization was introduced in the administrative office. The bank implemented core Banking Solution (CBS) in October 2006, and all of the banks branches were migrated to CBS by March 2008. Lakshmi Vilas Bank has 523 offices,984 ATM centers, and seven extension counters, as of 2018. Mr. Partha Sarthi Mukherjee is the MD and CEO of Lakshmi Vilas Bank. The bank was established on November 3, 1926, under the Indian Companies Act, 1913, and on November 10, 1926, it obtained the certificate to commence business.