The large city of Shimoga in the Indian state of Karnataka functions as the district headquarters of Shimoga District. The city has been officially renamed shivamogga in 2014. It is located in the central part of Karnataka, on the banks of the Tunga River and serves as a gateway to the hilly regions of the Western Ghats. Shivamogga is popularly nicknamed as the "Gateway of Malnad." Shimoga experiences a tropical wet and dry climate and has a population of around 3.3 lakh. Shimoga is an important center for education with its wide variety of prestigious schools as well as colleges. Industries such as Malnad Alloys, Pearlite Industries, Vijay Technocrats, Perfect Alloys, Shanthala Sperocast, etc. are some foundries that manufacture castings which are supplied to other related industries in the country as well as exported. The city is surrounded by lush green paddy fields, chili plantations, areca nut and coconut groves which contributes to the economy of the city. An IT Park is being constructed at Shimoga, near the upcoming Shimoga airport.
Bank of Baroda (BoB) is a financial services company headquartered in Vadodara, Gujarat, India and have its corporate office in Mumbai. It is ranked 1145 on Forbes Global 2000 list, as per 2017 data. The total assets of BOB are more than ? 3.58 trillion (making it Indias 2nd biggest bank by assets).It has 5538 branches in India and overseas, and 10441 ATMs as of July 2017. On 20 July 1908, The Bank of Baroda was found by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III in Gujarat. It was nationalized on 19 July 1969, by the Government of India along with 13 other major commercial banks of India, and has been designated as a profit-making public sector undertaking. In 1910, BoB started its first branch in Ahmedabad. It went abroad for serving the Indian communities in Kenya and Uganda, then in 1953, by establishing a branch each in Mombasa and Kampala. The next year a second branch was opened in Nairobi, Kenya and in 1956 it opened an office in Tanzania at Dar-es-Salaam. Then in 1957, BoB took a giant step abroad by establishing a bank branch in London. In 1958, BoB acquired Hind Bank established in Calcutta in 1943, which became BoBs first domestic acquisition.