Bijapur, a small city in the Indian state of Karnataka, is officially known as Vijayapura. The city is renowned for its historical monuments of grand architecture built during the reign of the Adil Shahi dynasty. It is a heritage city of Karnataka. The city was established in the 10th or 11th century by the Chalukyas of Kalyani and was named as Vijayapura or the city of victory. Bijapur is an ancient city which is the domain of different cultures and also houses five rivers. The rivers ensure a fertile land in the area that supports the agricultural lifestyle of its people. However, most of these rivers are rainfed and hence the region suffers from drought very frequently. There are reputed universities at Bijapur such as the Visvesvaraya Technological University, Karnataka State Womens University, Rajiv Gandhi University of Health Sciences, etc. The place has a rich cultural heritage reflected through its sophisticated literature.
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.