Karnal is situated within the National Capital Region. It functions as the headquarters of the Karnal District of Haryana. It is believed that the city was founded by Karna, an important figure in the Hindu epic of Mahabharata, who had died at the hands of archrival and his half-brother, Arjuna. It is one of the 100 cities that are being developed into smart cities as per PM Narendra Modis Smart Cities Mission. It is one of the cleanest cities in the country that houses many reputed educational institutions like Kalpana Chawla Government Medical College, Maharana Pratap Horticultural University of Karnal, Dyal Singh College, and branches of famous schools like Delhi Public School and Kendriya Vidyalaya. The city served as a refuge for the British survivors during the 1857 Uprising in Delhi.
Punjab National Bank is the first bank which is Swadeshi and began with the authorized national capital. The business of PNB Bank was started on 12th April 1895. The PNB was the first bank which was entirely managed by the Indians along with the national capital. The bank has spread its network with 6900 branches across India out of which 62% branches are in rural and semi-urban areas. The bank is operating a transformational exercise named as "Mission Parivartan" a think tank division for business excellence to improve the efficiency, profitability, and productivity of the bank for long-term sustenance. In digital banking, the bank has gone under several developments such as the opening of "PNB DIGI-HUT" the first proof of concept model of the digital branch launched at the Dwarka head office. The bank has also introduced an Integrated Fee Portal for its customers to enable fee payments through internet banking gateway. RBI approved the bank to act as Bharat Bill Payment Operating Unit which was made live on September 2017. The bank took some initiatives for driving financial inclusion in fiscal 2018, such as biometrics based aadhar seeding and authentication of the existing customers. It also introduced Atal Pension Yojana registration facility at the Business Correspondent locations.