Mira-Bhayander is a part of the Mumbai Metropolitan Region, around 35 kilometers away from the state capital Mumbai. It is located in the northern side of Salsette Island in the Thane district of Maharashtra. The Mira-Bhayander Municipal Corporation runs the administration of the city which reportedly has more than 8 lakh residents. The residents of this area speak mostly in Marathi, but Gujarati and Hindi are quite prevalent. Mira-Bhayandar consists of residential as well as industrial areas. While most of the residents travel to the city for work, quite a few are employed in the several manufacturing units located in some parts of Mira and the eastern parts of Bhayandar. There are a few government-owned Salt Pans in this city. The city offers plenty of scope for development as it has the potential to become a large industrial complex.
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.