Khandwa is a city in the Indian state of Madhya Pradesh. It is a Nagar Nigam in the Nimar region of the state. It also functions as the administrative headquarter of the Khandwa District. An ancient city, Khandwa has many places of worship for Hindus and Jains. The city used to be a center of Jainism during the 12th century. During the British era, Khandwa became the main commercial center of the Nimar region. Khandwa is known for the cultivation of local crops such as cotton, wheat and soybean along with an assortment of seasonal vegetables and fruits. The city grows a special variety of wheat known as Khandwa2, which is famous all over the country for its aroma, color and quality. A hydropower project by the name of Indira Sagar Pariyojna is located in the vicinity of Khandwa. A few other industries in the region include Nepa paper mills, Mansingka oil mills and Nimar textiles. The four Kunds, namely Padam Kund, Suraj Kund, Bheem Kund and Rameshwar Kund, located in four corners of the city, adds to the fame of the city. The famous tourist places in Khandwa are Dada Darbar Khandwa, Turja Bhavani Temple and Nagchun Talab. Hanumantiya Island at Khandwa is a an adventurous place for water sports in the backwaters of Indira Sagar Dam.
The SBI is a multinational public sector bank having its head office in Mumbai, Maharashtra. As of 2017, the company is ranked 217th on the Fortune Global 500 list of the worlds biggest corporations. The SBI is the prominent bank in India having one-fourth share of the total loan and deposits market besides a 23% market share in assets. The SBI bank founded in 1806,has its roots from the Bank of Calcutta, claiming it one of the oldest commercial bank of the Indian subcontinent. In British India, the Bank of Calcutta, the Bank of Bombay and the Bank of Madras merged into the other two "presidency banks," to form the Imperial Bank of India. In 1955, the Government of India took control of the Imperial Bank of India with a 60% stake of RBI, renaming it the State Bank of India. In 2008, the government acquired the stake of RBI. The SBI offers several banking products in India and overseas. SBI has 57 zonal offices and 16 regional hubs located at important cities throughout India. The SBI has 18,354 branches in India. SBI held 11,300 camps and opened over 3 million accounts by September under the Pradhan Mantri Jan Dhan Yojana of financial inclusion launched by the Government in August 2014.