Vellore is a city as well as the administrative headquarters of the Vellore District of Tamil Nadu. It is a part of Tondaimandalam or Tondai Nadu. Located beside River Palar, Vellore has been ruled by various rulers such as the Pallavas, the Cholas, the Vijayanagar Empire, the Rashtrakutas, the Carnatic kingdom and the British. Legend says that the region housed many Velan (or Babul) trees, which gave the name "Vellore" to the city. The city of Vellore is the stronghold of the Arcot Mudaliars population. The other largest communities in the city are the Balija Naidus and the Muslims. The city has four zones that are further sub-divided into 60 wards for civic administration. Vellore is being developed into a smart city as per PM Narendra Modis Smart Cities Mission. Vellore is the home to two of Indias top educational institutions - Vellore Institute of Technology (VIT) and Christian Medical College & Hospital. The city is a major center for medical tourism in the country as people from all over the country travel to Vellore to seek various treatments. Moreover, Vellore is the top exporter of leather products in the country. The countrys biggest explosives manufacturing company is located in Vellore. It is called the Tamil Nadu Explosives Limited (TEL). The Vellore Fort, Srilakshmi Golden Temple and Sri Jalakandeswarar Temple are few of the places worth visiting in Vellore.
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.