Pondicherry is the capital the largest city of the Indian Union Territory of Puducherry. It is affectionately referred to as Pondy and "Pdy" in short. Its official name has become Puducherry since 2006, which means new town in Tamil. The city is divided into 42 wards for effective governance. The 1st to 10th wards are located in the north of the city. The Boulevard town has Wards 11?19. The remaining wards are situated in the southwest of the downtown. Pondicherry has been a colony of the Dutch, Portuguese, British and French. However, the French East India Company dominated over the area for a long time and the city is widely known as a French settlement. The economy of Pondicherry is dependent upon the cultivation of crops such as rice, pulses, coconuts, sugarcane and cotton. Being a seaside city, it is also known for its fisheries and seafood. Pondicherry is a popular tourist destination. The city has numerous colonial buildings, churches and temples, within the systematically planned French style avenues, that still retain a colonial aura and attract tourists. The Promenade Beach and Auroville make the city all the more famous. Students from all over the country enroll themselves at the reputed institutions such as the French Institute of Pondicherry and the Pondicherry University.
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.