Rajkot is the fourth largest urban agglomeration situated in the West Indian state of Gujarat. The Aji River and Nyari River flow alongside this city. Rajkot functions as the administrative headquarters of the Rajkot District. It has a distinguished place in history for being the hometown of Mohandas Karamchand Gandhi. In the year 2013, Rajkot was recognized for being the city with the best law and order in the country. It also qualifies as one of the cleanest cities in India. The city is segregated into 29 wards that are led by elected representatives and counselors. The economy of Rajkot is chiefly based on small-scale industries with many manufacturing plants and units working on diesel engines, machine tools, kitchen knives and other cutting appliances, etc. Stock trading has gained popularity in Meerut since the 90s. Even the software sector is gradually picking up speed and striving to contribute to Rajkots economy and employment. The city is also well-known for art and jewelry design. There are many renowned educational institutions in this city. Tourists visiting Rajkot have various places to explore in the city. Shri Ramakrishna Ashrama, Rotary Dolls Museum, Saurashtra Cricket Association Stadium, ISKCON Rajkot, Sri Sri Radha Neelmadhav Dham, Aji Dam Garden, etc. are a few places worth visiting.
Federal Bank Limited was established on 28th April 1931. In September 2006, the Ganesh Bank of Kurundwad was merged with Federal Bank, and the total number of the bank branches crossed 500. In July 2011, the Federal office launched the general insurance cover for stabilizing the relationship with the clients. FedDelight, banks unique gift card was launched in September 2011. In November 2011, the bank started its 24/7 customer care which was controlled by differently abled people. The Federal Bank has also signed an agreement with Samba Bank for inward remittance. The stocks of the bank get listed on the BSE Index in 2012. In August 2013, the bank launched its first electronic passbook named Fedbook in India, and it was awarded as the most active organization. The bank has adopted an exclusive video conferencing facility named Vconnect to enable customers to interact with relationship managers of the bank. In June 2015, the bank launched an innovative payment app for its customers named, Scan n Pay. Another initiative in digital banking was Fed-E-Credit, the first digital loan in August 2015. In January 2016, the bank introduced miss call based banking services for fund transfer.