Cuttack is the commercial capital as well as the second largest city in the Indian state of Odisha. The city center is situated between the Mahanadi river and the Kathajodi river. The city is developing and expanding constantly. Odishas high court is located Cuttack, making it the judicial capital of the state. Cuttack city is divided into 54 administrative wards headed by an elected representative. The economy of the city was traditionally fuelled by trade facilitated by strong textile industry. Currently there are many large-scale industries of the steel, power, automobile and alloys which contribute to the economy as well as cater to the employment needs of the city. Cuttack is soon growing into a hub for the IT and BPO sectors. SEZs or Special Economic Zones are being established in the area to attract a good number of players in the software sector. Cuttack is home to the Barabati stadium which hosts a lot of international cricket matches. The educational infrastructure in the city is strong with the presence of noted institutions like Ravenshaw University, IMIT, IITM, NLU, Cuttack college, Netaji city college, etc. Tourists visiting Cuttack can roam around places of interest like the Barbati fort, the Maritime Museum, the Netaji museum, the Freedom fighters memorial, etc. Cuttack also hosts a lot of pilgrimages for both Hindu and Muslim devotees.
the State Bank of Travancore was a subsidiary of State Bank of India and founded on 12 September 1945 as the Travancore Bank Ltd, an initiative by Travancore Diwan C. P. Ramaswami Iyer. The Union Cabinet approved the proposal of combining SBT and four other associate banks with SBI, on 15 February 2017. On 31 March 2017, It finally joined with its parent SBI bank.A part from its merger with parent SBI group, the SBT was approved of raising the capital of Rs. 600 crore. It was a premier Indian bank based in Thiruvananthapuram, Kerala and became a subordinate of State Bank of India under the SBI Subsidiary Banks Act, 1959, in 1960, enacted by the Parliament of India. The SBT offered services sucha s consumer banking, investment banking, retail banking, asset management and pensions. Sri Chithira Thirunal Balarama Varma, the Maharaja of Travancore was considered as the founder of the bank, though the king had little to do with the founding of the bank. Ms.Arundhatti Bhattacharya is the ex-officio chairman, and Mr. CR Sasikumar is the managing director of the SBT.It had a network of 1,157 branches and 1,602 ATMs across India, as of 31 March 2015. The Union Cabinet approved the proposal of combining SBT and four other associate banks with SBI, on 15 February 2017