Bidhannagar, in the Indian state of West Bengal, is popularly known as Salt Lake City. It is a planned satellite town that was developed between 1958 and 1965 in order to accommodate the growing population of Kolkata. It is a small-sized neighbor of Kolkata and is connected to the metro city via Eastern Metropolitan Bypass. The city is well planned and organized into numerous blocks. The city is also well divided into academic, commercial and residential zones. Sector 5 of Bidhannagar houses the IT sector of Kolkata where leading MNCs have set up their offices. There are several prestigious academic institutions in the area such as All India Institute of Hygiene and Public Health, Government College of Engineering and Leather Technology, Aliah University, Bidhannagar College, National Institute of Fashion Technology, Institute of Engineering and Management, West Bengal University of Technology, etc. Apart from the thriving IT industry, Bidhannagar houses several government offices, especially of the West Bengal State Education Board. The residents of the area are either employed in the IT and government sectors within the city or travel to the adjoining metro city of Kolkata for work. West Bengals only International football stadium, the Yuva Bharati Krirangan is located in this area.
On 19th February 1943, the OBC was started in Lahore, Pakistan by Late Rai Bahadur Lala Sohan Lal, the founding father of Oriental Bank of Commerce. The bank had to face the after-effects of partition in 1947. The branches in the newly formed Pakistan had shut, and the Registered Office had shifted from Lahore to Amritsar. The registered office was relocated to Delhi, in the year 1951. In 1980, it was nationalized by the Indian government. The merchant banking division of the bank was set up in 1992, and it was authorized by SEBI to act as a category-I merchant banker. In the year 1997, Punjab Co-operative Bank Ltd and Bari Doab Bank Ltd were merged with the OBC bank. The bank had joined hands with Citibank for launching OBC co-branded credit card. In the year 1999, OBC had set up asset recovery branch, one each at Delhi and Mumbai. For women entrepreneurs in the year 2002, the Bank had opened a specialized office and collaborated with Corporation Bank for sharing ATM network. In the year 2003, CBS, OBC had joined hands with Infosys Technologies Ltd and Wipro Ltd to make Centralised Banking Solution. In the same year, the OBC Bank and Small Industries Development Bank of India (SIDBI) had agreed to work on projects in the field of small-scale, infrastructure and service areas. In February 2008, the Oriental Bank Navkiran Deposit Scheme was launched by the bank. Kotak Mahindra Asset Management Company entered into a distribution tie-up with OBC in March of the year 2008.