Gurgaon is an important and economically developed city in the Indian state of Haryana which falls within the territorial boundaries of the National Capital Region. It acts as a satellite city to the capital city of New Delhi. Its name was officially changed to Gurugram in 2016. Popularly referred to as the Millenium City, Gurgaon has witnessed rapid development over the past 30 years. It is one of the Indian cities with the highest per capita income. This planned and organized urban agglomerate is divided into 36 wards, which are further divided into blocks with many apartments and residential complexes. The main road through Gurgaon is the NH-8 expressway which joins Delhi to Jaipur. The city hosts the offices and outlets of 250 out of the Fortune 500 companies and it is a major haven for outsourcing and employment. The DLF Cyber City in Gurgaon is a large IT hub which hosts many of these offices. Famous educational institutions like the MDI Gurgaon, ITM University, The Shri Ram School are situated in Gurgaon. Entertainment and commercial centers such as Ambience Mall, Epicentre, etc. have opened up plentifully. The city is witnessing speedy urbanization and is on its way to becoming a leading financial and industrial hub.
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.