The city of Chandrapur is situated in the Indian state of Maharashtra. It is a municipal corporation in Chandrapur district and serves as the center of governance of the eponymous district. Chandrapur was originally a Fort city that was founded by a Gond king by the name of Khandakya Ballal Sah in the 13th century. Situated at the confluence of Rivers Irai and Zarpat, the area surrounding the city is rich in minerals, especially coal. Therefore, Chandrapur is popularly known as the "black gold city." The city experiences a hot and dry climate. Chandrapur has around 3.8 lakh residents who mostly speak in Marathi. The natives belonging to the Gond tribe use the Gondi language, whereas Telugu is also widely spoken by Telugu settlers in Chandrapur. Most of the residents are fluent in Hindi and many can speak English. Coal mining mainly fuels the economy of this city, backed by other emerging industries such as cement making, paper manufacturing, and ferroalloy manufacturing. The Chandrapur Super Thermal Power Station employs thousands of residents and also supplies more than 25% of Maharashtras electricity. The Tadoba National Tiger Reserve in the vicinity of Chandrapur is a major attraction for tourists and environmentalists.
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.