Karur Vysya Bank is a Scheduled Commercial Bank in India. It has completed 100 years of operation and is one of the leading banks in India, headquartered in Karur in Tamil Nadu. It was set up in 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar. The bank primarily operates in treasury, corporate/wholesale banking and retail banking segments. KVB provides services such as personal, corporate, agricultural banking and services to NRIs and MSME. Under personal banking, the bank provides housing loan, personal loan; insurance; and fixed deposits among others. Under corporate banking, KVB provides services like corporate loans; demat account, multicity current account and general insurance among others. Schemes provided by KVB under agricultural banking include Green Harvester, Green Trac and KVB Happy Kisan among others. Under MSME, the bank provides products such as KVB MSME Cash, KVB MSME Term Loan, KVB MSME Vendor Bill Discounting and KVB MSME Standby Term Loan among others. The bank had added more branches and 10 ATMs during the year thus bringing the total to 798 branches and 1,780+ ATMs as on 1 July 2018. It introduced a number of initiatives in FY16 like reloadable cards, kisan credit cards, automatic passbook kiosk, e-book, etc. The latest being introduction of fast tag and UPI based payment system. Total business volume is 1,25,000+ crore as of 31st March 2022.

Tamil Nadu (; Tamil: [ˈtamiɻ ˈnaːɽɯ] (listen), abbr. TN) is a state in southern India. It is the tenth largest Indian state by area and the sixth largest by population. Its capital and largest city is Chennai. Tamil Nadu is the home of the Tamil people, whose Tamil language—one of the longest surviving classical languages in the world—is widely spoken in the state and serves as its official language. The state lies in the southernmost part of the Indian peninsula, and is bordered by the Indian union territory of Puducherry and the states of Kerala, Karnataka, and Andhra Pradesh, as well as an international maritime border with Sri Lanka. It is bounded by the Western Ghats in the west, the Eastern Ghats in the north, the Bay of Bengal in the east, the Gulf of Mannar and Palk Strait to the south-east, and the Indian Ocean in the south. The at-large Tamilakam region that has been inhabited by Tamils was under several regimes, such as the Sangam era rulers of the Chera, Chola, and Pandya clans, the Pallava dynasty, and the later Vijayanagara Empire, all of which shaped the state's cuisine, culture, and architecture. After the fall of the Kingdom of Mysore, the British colonised the region and administered it as part of the Madras Presidency, headquartered at the city of Madras, now known as Chennai. After India's Independence in 1947, the Madras State came into existence, whose borders were linguistically redrawn by the States Reorganisation Act, 1956, losing territory to Kerala, Karnataka and Andhra Pradesh. The state was renamed as Tamil Nadu in 1969. It is home to a number of historic buildings, multi-religious pilgrimage sites, hill stations and three World Heritage Sites.The economy of Tamil Nadu is the second-largest in India, with a gross state domestic product (GSDP) of ₹24.85 lakh crore (US$310 billion) and has the country's 11th-highest GSDP per capita of ₹225,106 (US$2,800). It ranks 11th among all Indian states in human development index. Tamil Nadu is the most urbanised state in India, and one of the most industrialised states; the manufacturing sector accounts for more than one-third of the state's GDP. Its tourism industry is the largest among the Indian states. The Tamil film industry plays an influential role in the state's popular culture.

Perundurai is a Special Grade Town Panchayat in Erode district in the Indian state of Tamil Nadu. Perundurai is the only special grade town panchayat among 42 in the district. Perundurai has developed as the industrial center with SIPCOT Industrial Estate and SEZ Complex. It is the Asia's Second largest SIPCOT. Perundurai has been proposed to be developed as a Satellite Town for Erode, as per Erode Master Plan-1996.