The Indian city of Gandhinagar is situated in the state of Gujarat. It is often referred to as the "Green city" or the "Ecopolite city." Gandhinagar is the capital of Gujarat and it lies on the bank of River Sabarmati. It functions as the administrative capital of Gujarat which was shifted to this newly built city from the city of Ahmedabad that continues to function as the commercial hub of the state. Gandhinagar is a planned city with modern architecture as the infrastructure of the city. As the state capital, it carries the entire political machinery of the state, housing all the government offices and the people employed in them. The city operates as the administrative heart of Gujarat. It is the seat of bureaucracy and thus the economy of the city is led by government employment. Recently, a thermal power plant and a software tech park have been established to promote economic development. The city houses a lot of educational institutions of great repute including the Central University of Gujarat, the National Institute of Design, Gujarat Forensic Sciences University, Gujarat National University of Law, IIT Gandhinagar, etc. Gandhinagar is known for the Akshardham temple which draws many tourists throughout the year.
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.