Bagaha is a small city located in the Pashchim Champaran district of Bihar. It is a city and a municipality and functions as a subdivision of the Pashchim Champaran district. Bagaha is situated around 64 kilometers north-west of Bettiah and around 294 kilometers away from the state capital Patna. The Gandak River flows through this city, gifting it with fertile soil suitable for cultivation. Bagaha also houses the Valmiki Tiger Reserve. Bagaha has more than 1 lakh residents who mostly speak in Hindi, Bhojpuri and Urdu. The economy of the region is chiefly agrarian and the resident farmers are engaged in the cultivation of paddy, sugarcane and cane reeds.
The SBI is a multinational public sector bank having its head office in Mumbai, Maharashtra. As of 2017, the company is ranked 217th on the Fortune Global 500 list of the worlds biggest corporations. The SBI is the prominent bank in India having one-fourth share of the total loan and deposits market besides a 23% market share in assets. The SBI bank founded in 1806,has its roots from the Bank of Calcutta, claiming it one of the oldest commercial bank of the Indian subcontinent. In British India, the Bank of Calcutta, the Bank of Bombay and the Bank of Madras merged into the other two "presidency banks," to form the Imperial Bank of India. In 1955, the Government of India took control of the Imperial Bank of India with a 60% stake of RBI, renaming it the State Bank of India. In 2008, the government acquired the stake of RBI. The SBI offers several banking products in India and overseas. SBI has 57 zonal offices and 16 regional hubs located at important cities throughout India. The SBI has 18,354 branches in India. SBI held 11,300 camps and opened over 3 million accounts by September under the Pradhan Mantri Jan Dhan Yojana of financial inclusion launched by the Government in August 2014.