solapur is a West Indian Tier II city in the state of Maharashtra. It is the fourth largest district in the state. The city is located between Mumbai and Hyderabad and is connected to both of these metro cities via road and railway. Solapur was the home of many prominent freedom fighters and thus the city is recognized as "The City of Hutatmas" or "The City of Martyrs." Solapur district has 33 sugar factories, which is the highest among all districts in the country. The city is also the leading producer of Indian cigarettes or beedi in Maharashtra. Solapur has also been a leading center for cotton mills and power looms in the state, possessing Asias largest spinning mill. The city is famous for pomegranate farming which is done on a large scale in the entire district of Solapur. Solapurs economy of the city is based on medium and small scale industries like handloom and power loom industry, cotton mills and the textile industry. Solapur is the base of educational institutions like Shivaji University, Nehru Science Centre, Dr. V. M. Government Medical College and other engineering colleges. The Science Centre in Kegaon is a prominent scientific association in Maharashtra. The Ujjain Dam, , Great Indian Bustard Sanctuary and the Shri Siddeshwar Temple are places worth visiting in Solapur., solapur is a Tier II city in the Indian state of Maharashtra. It is located between Hyderabad and Mumbai, connected to both via railway and road. Many great freedom fighters of India hailed from Solapur. Hence, the city has received the title of "The City of Martyrs" or "The City of Hutatmas." The city is known for its numerous sugar factories as it is the highest maker of sugar in the entire state. It is also known for its mass production off Indian cigarettes or Beedi. The city has many cotton mills and power looms. It boasts of its spinning mill which is the largest in Asia. The handloom, cotton and textile industry fuel the city?s economy. Pomegranate is cultivated on a large scale in this city and its neighboring areas. Solapur has quite a few reputed institutes for education and research. The Science Centre in Kegaon is known for its research. The Shivaji University and Dr. V. M. Government Medical College are quite famous in the city. A few places to visit in and around Solapur include the Shri Siddeshwar Temple, Akkalkot Swami Samarth Maharaj Temple, Bhuikot Fort, Rukmini Temple, Ujjani Dam, Great Indian Bustard Sanctuary, Pandharpur, etc. Maharashtra?s first waste-to-energy electricity plant is located in Solapur.
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.