salem is a city in the South Indian state of Tamil Nadu. It is popularly known as steel city or mango city. The city has the administrative headquarter of the Salem district and is known to be the 5th largest city in Tamil Nadu in terms of area and population. The city has a municipal corporation with 72 wards headed by elected representatives. The textile industry drives the economy of the city. Salem has 125 spinning mills, weaving units, dye units and garment units which work together to ensure a flourishing textile industry. There are a few sago factories in the area, known for the production of starch. The city and its outskirts are rich in mineral ores. Some of the largest magnesite and bauxite deposits in the country are mined here. The city is known for the famous Salem Steel Plant, which is a unit of the Steel Authority of India. The Salem Steel Plant produces cold-rolled stainless steel as well as the hot-rolled stainless-carbon steel alloy. All of these together form a major part of the economy and commerce of Salem. There are many famous places of worship in the vicinity of Salem. The Kottai Mariamman Temple, Sugavaneshwarar Temple, Jama Masjid, ISKCON, Christ Church, etc. are spots that draw tourists. There are several pristine educational institutions in the region such as the Periyar University, the Government College of Engineering, etc., salem is popularly called the steel city or mango city. It is located in the Indian state of Tamil Nadu. Salem is Tamil Nadu?s 5th largest city in terms of area and population and it operates as the administrative headquarter of the Salem district. 72 wards join to make the municipal corporation of Salem and each ward is headed by an elected representative. Salem?s textile industry forms the backbone of its economy. Numerous spinning mills, weaving units, garment units and dye units work in unison to boost the textile industry of Salem. The city has a few sago factories that are known for the production of starch. Salem and the surrounding area are rich in mineral ores that support the mining of magnesite and bauxite. The famous Salem Steel Plant produces cold-rolled stainless steel and hot-rolled stainless-carbon steel alloys. It is a unit of the Steel Authority of India. These industries together boost the economy and commerce of Salem. Quite a few renowned places of worship can be found in and around Salem such as the Kottai Mariamman Temple, Sugavaneshwarar Temple, ISKCON, Jama Masjid, Christ Church, etc., salem, popularly known as steel city or mango city, is a city in the South Indian state of Tamil Nadu. Salem functions as the administrative headquarter of the Salem district. It is also the 5th largest city in the state in terms of area and population. The municipal corporation of Salem has 72 wards, each headed by an elected representative. The textile industry forms the backbone of the economy of Salem. The city has 125 spinning mills, many weaving units, dye units and garment units
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.