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Holiday Loan from state Bank of Travancore in Guwahati

Guwahati, often pronounced as Gauhati in the regional dialect, is a scenic city situated in the north-eastern state of Assam. It lies on the foothills of the Shillong plateau and the Brahmaputra River flows through it. Guwahati is a larger expanse that encompasses the city of Dispur which is the administrative capital of Assam. Guwahati is the hub for trade and commerce in the northeast with the economy of the city driven by tea plantations and tourism. Industries such as pharmaceuticals, oil, electronics and textiles also contribute to it. The Guwahati refinery is one of the oldest refineries in India which contributes substantially to the economy and employment in the city. Assam is known for its tea. Most of the tea leaf processing and trade happens through Guwahati. The city also boasts of its beautiful handloom and textiles that are exported to all parts of India. Education is a rapidly developing sector in Guwahati. Some of the countrys finest institutions like the IIT have been set up in the city in addition to the older prestigious institutions that were already extant in Guwahati. Tourism is a dominant sector and the city acts as a gateway to the entire Northeast. The Kamakhya temple and the Umananda temple draw innumerable devotees every year.

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Low interest rate Home Loan in Guwahati, 17 November 2019 from state Bank of Travancore

the State Bank of Travancore (SBT) was a premier Indian bank based in Thiruvananthapuram, Kerala. The SBT was a sister concern of the State Bank Group, but it also had private shareholders. SBT was the leading bank of Kerala. 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. On 31 March 2017, It finally merged with its parent SBI bank. It was founded on 12 September 1945 as the Travancore Bank Ltd, an initiative by Travancore Diwan C. P. Ramaswami Iyer. Due to widespread resentment against his dictatorial rule, the bank never gave him the credit of his role. Instead, 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 SBT bank. Although the contribution of the Travancore government was 25% only in the bank capital, apart from its general banking business, the bank undertook government treasury work and foreign exchange business. Its head office was located at Thiruvananthapuram. It became a subordinate of State Bank of India under the SBI Subsidiary Banks Act, 1959, in 1960, enacted by the Parliament of India, and thus achieved the name state Bank of Travancore.Ms. Arundhatti Bhattacharya is the ex-officio chairman, and Mr. CR Sasikumar is the managing director of the SBT.

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