Nagercoil is located in the Indian state of Tamil Nadu. It functions as the administrative headquarters of Kanyakumari. Nagercoil is situated very close to the tip of the Indian peninsula. It is surrounded by the Western Ghats on all sides. Earlier, it was a part of the Travancore state for a brief period soon after the Indian independence. It was merged with Tamil Nadu in 1956. The city has a Temple of the Nagas which is known as the Nagaraja Temple. The city has acquired its name from this temple. The Fish-net manufacturing is a thriving business in and around the town. Commercial fishing nets are manufactured and supplied to the domestic and export markets. Other cottage industries such as coir-making, handloom-weaving, floral trade, rubber products, food-processing units and lace-making also contribute to the citys economy as they are manufactured for trade. There are many reputed educational institutions in this city. A few interesting places worth visiting in and around this city are the Nagaraja Temple, Nagercoil Clock Tower, St. Xaviers Church, etc.
In India, the SBI bank has 18,354 branches. The revenue of SBI was ?2.005 trillion (US$29 billion) in the financial year 2012?13, out of which domestic operations contributed to 95.35% of the income. As a financial inclusion initiative, the bank had launched11,300 camps and opened over 3 million accounts by September under the Pradhan Mantri Jan Dhan Yojana introduced by the Government in August 2014, which comprised 2.1 million accounts in rural areas and 1.57 million accounts in urban areas. The bank had the presence of 191 overseas offices as of 2014?15 in 36 countries marking the substantial existence in foreign markets among Indian banks. There are various foreign subsidiaries or affiliates operated by the SBI. A subsidiary was opened by the SBI bank in 1982, which now has ten branches?9 branches in the state of California and 1 in Washington, D.C. On 28 March 2011, the 10th office was opened in Fremont, California. In 1989, an offshore bank established by the SBI, SBI International (Mauritius) Ltd which later merged with the Indian Ocean International Bank. The Indian Ocean International Bank has been doing retail banking business in Mauritius since 1979.