Mysore city is officially named as Mysuru. It is the third among the largest cities in the south Indian state of Karnataka. It is located at the foothills of the Chamundi hills and has an enormous historical and cultural background. The rule of different dynasties dominates its history which reflects through the various palaces and other landmarks in the city. The city lies close to the state capital Bangalore and provides an investment option for companies, away from the hustle and bustle of the capital city. Tourism, Sandalwood products and textiles drive the economy of the city. Mysore silk sarees are favorite among Indian women. The city has seen a lot of development in recent days with the rise of the software sector when Infosys set up a huge campus in Mysore. Other MNCs like Larsen & Toubro Infotech and Excelsoft Technologies followed suit. Mysore hosts many central government organizations such as RBI Paper Printing Press, RBI Note printing Press and several others that provide a considerable employment opportunity to the residents. Mysore has many educational institutions which nurture the talent of the youth and shape them up for the various industries in the city. Few of the esteemed institutes in Mysore are the University of Mysore, Visvesvaraya Technological University, Mysore medical college, etc. The city is a haven for tourism with splendid attractions such as the Mysore Palace, Nagarhole national park, Mysore zoo, Chamundeshwari temple, St. Philomenas church, etc.
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.