surendranagar Dudhrej is situated in the Surendranagar district of Gujarat. During the colonial era, Surendranagar was used as a hill station for medication and treatment. Its dry environment was beneficial for various ailments. The dry air of Surendranagar is still believed to be the apt place in Gujarat to bring relief to patients of tuberculosis. Surendranagar has many SMEs including confectioneries, ceramics, pharmaceuticals, engineering plastics and salt production. Nearly 25% of Indias salt supply comes from Surendranagar. The Wadhwan city near Surendranagar functions as a major hub for trade and processing of cotton, agricultural products, salt, chemicals, pharmaceuticals, plastics, textile bearings, ceramics and sanitary ware. Surendranagar is also a hub of cotton and ginning activities. Numerous ginning and pressing units can be found in the area. It is a large producer of premium quality shankar cotton in the world. The Surendranagar Cotton Oil and Oilseeds Association Ltd. is famous for trade and exchange. It is Indias first Cotton Future Trading Exchange and was established in 1964. Home to a big textile and clothing market, Surendranagar specializes in saris. Vadwala Mandir of the Rabari community is situated in Surendranagar and attracts many visitors of the community on important days of rituals and ceremonies.
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.