Ludhiana is the largest city in the north Indian state of Punjab. It is one of the richest cities in our country. The city is known to be a textile manufacturing hub in the north. It has a lot of large, medium and small scale manufacturing units. Ludhiana is also known for its industrial units. These units mostly produce and supply for bicycle and auto parts. The city is centrally located in the middle of the state. It provides a lot of employment opportunities to people from the state as well as across the country. Ludhiana also has substantial agricultural lands in the outskirts of the city that require a lot of manpower supplied by various parts of India. Ludhiana has been on a consistent upward trajectory due to its industries and it is rumored that Ludhiana has the largest number of imported luxury vehicles in the whole nation. The central city is densely populated with many markets and small trading units. On the education front, this city is home to the largest agricultural university in the continent called the Punjab Agricultural University. Besides this, there are some old and modern colleges such as Christian Medical College, Sri Aurobindo College of Commerce and Management, University Business School, etc. There are a few places in Ludhiana that attract visitors. Phillaur Fort, Maharaja Ranjit Singh war museum, Gurudwara Nanaksar Jagroan, Nehru Rose Garden, etc. are of great tourist interest. Ludhiana is soon becoming a hub of real estate since plenty of commercial and residential projects are coming up in the city, opening up multiple new job avenues.
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.