sri Ganganagar, referred to as SGNR in short, is a planned city in the Indian state of Rajasthan. It is the northern-most city of the state, located near the state border between Rajasthan and Punjab as well as the international border between India and Pakistan. It functions as the administrative headquarter of the eponymous district. The city is named after Maharaja Shri Ganga Singh Bahadur who was the Maharaja of Bikaner. Sri Ganganagar is often referred to as "the food basket of Rajasthan." SGNR is one the earliest well-planned modern cities of the country, believed to have been influenced by the town planning of Paris. The city is divided into blocks of the residential and commercial areas. The Sutlej enters Rajasthan near Sri Ganganagar. The city is situated on the Thar Desert and most of its flora and fauna survives on irrigation canals. Owing to its location, the city experiences extreme weather conditions - summer temperature can go up to 50 degrees and winters might be below zero degrees. The economy of Sri Ganganagar is based on agriculture. The desert town has been converted into a green city which supports the cultivation of wheat, mustard and cotton. Crops are guar, bajra, sugar cane and grams are also grown in this area. Farmers have recently started focusing on horticultural products too. The industries that have developed in the area are based on the agricultural produce. There are quite a few factories working on cotton ginning, pressing and spinning. Rice and sugar mills are also popular in the 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.