The city of Shivpuri is also a municipality in the Shivpuri district located in the Indian state of Madhya Pradesh. It falls within the Gwalior Division of the state. Shivpuri functions as the administrative headquarter of the eponymous district. Shivpuri district shares a border with Rajasthan towards the west. It consists of nine tehsils. Shivpuri functioned as the summer capital of the Scindia rulers of Gwalior. Shivpuri is a popular tourist attraction, especially in the monsoon season when it has a number of lakes and minor waterfalls. The lush greenery and the thick dense forests in and around the city makes is a scenic place to explore. Places of tourist attraction near this city are Chhatari ornate marble memorials, Ban Ganga Dham, Chintaharan Mandir, Mohineshwar Dham, etc.
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.