The city of Junagadh in the Indian state of Gujarat functions as the headquarters of the Junagadh district. It is the 7th largest city in Gujarat, situated at the base of the Girnar hills. There are two rivers flowing through the city, namely Sonrakh and Kalwo. The name of the city literally translates to "Old Fort." The city was earlier a princely state and is also known by its previous name "Sorath." Junagadh was initially a part of the Saurashtra state and later belonged to the Bombay state. After the Maha Gujarat movement in 1960, the city became a part of the newly formed state of Gujarat. Mountainous region and forest reserves constitute the topography of Junagadh which doesnt support the growth of industries or plants in the area. The main source of economic growth for Junagadh is its mineral-based cement industry, agricultural production and the power sector. There are huge reserves of limestone in the vicinity of Junagadh, which ensures a thriving cement industry. The major crops cultivated in the area are wheat, oilseeds, cotton, mango, groundnut, garlic, banana, onion and brinjal. There are spectacular tourist spots in Junagadh. The Uparkot Fort is an impressive fort that was built by Chandragupta during the Mauryan rule. The temple at Somnath is famous among Hindu devotees. The Gir Forest National Park draws numerous tourists every year.
Under the Companies Act of 1913, South Indian Bank was registered as a Private Limited Company and started operations on 29th January 1929 at Round South, Thrissur. South Indian Bank Limited is based at Thrissur in Kerala, India. It has 852 branches, four service branches,56 extension counters, and 20 Regional Offices spread across the states and union territories of India. Under Financial Inclusion till date, the bank has covered more than 100 villages and 15 urban centers and opened more than ten exclusive FLC Centres in the bank premises, which spreads across the states of Kerala, Andhra Pradesh, Tamil Nadu, and Chhattisgarh. SIB has appointed direct Business Correspondents in the allocated rural areas under the supervision of a team of officers in the FIP Cell - Head 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 or Business Correspondent Office without visiting a regular bank branch. 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.