Bidhannagar, in the Indian state of West Bengal, is popularly known as Salt Lake City. It is a planned satellite town that was developed between 1958 and 1965 in order to accommodate the growing population of Kolkata. It is a small-sized neighbor of Kolkata and is connected to the metro city via Eastern Metropolitan Bypass. The city is well planned and organized into numerous blocks. The city is also well divided into academic, commercial and residential zones. Sector 5 of Bidhannagar houses the IT sector of Kolkata where leading MNCs have set up their offices. There are several prestigious academic institutions in the area such as All India Institute of Hygiene and Public Health, Government College of Engineering and Leather Technology, Aliah University, Bidhannagar College, National Institute of Fashion Technology, Institute of Engineering and Management, West Bengal University of Technology, etc. Apart from the thriving IT industry, Bidhannagar houses several government offices, especially of the West Bengal State Education Board. The residents of the area are either employed in the IT and government sectors within the city or travel to the adjoining metro city of Kolkata for work. West Bengals only International football stadium, the Yuva Bharati Krirangan is located in this area.
Mr. V.G Mathew is the Managing Director & CEO of the South Indian Bank. In 1946, It became the first private sector bank to get the scheduled bank status. It has 852 branches, four service branches,56 extension counters, and 20 Regional Offices spread across the states and union territories of India. It has a network of 42 Bulk Note Acceptor/Cash Deposit Machines and 133 ATMs all over Indian 1992 it became the first ever bank for opening an NRI branch in Jhumritalaiya. In June 1993, it became the first private sector bank to open the overseas office. Recently "KIOSK Banking Model" is introduced by the bank as Financial Inclusion Initiative in collaboration with Akshaya e-centres in Kerala state through the software service provider - M/s Tata Consultancy services. The kiosk is a kind of banking model for people who are living in areas where banking facilities are not available so that they can avail necessary banking facilities from a nearby service center. The Basic banking needs of the public like the opening of an account, deposit and withdrawal of cash, etc. can be availed from these common service center/BC Office. The South Indian Bank has the eighth most extensive network of branches among the other private sector banks of India.