Indore is a rapidly developing tier 2 city which is also the commercial capital of the state of Madhya Pradesh. It is proceeding towards becoming a major cosmopolitan hub in central India. The city has set trends in the fields of art, media, commerce, trade, fashion, etc. Indore emphasizes upon finance, research, technology, education and entertainment too, thus justifying its status of being the commercial capital of the state. Indore is said to have the largest economy in central India. It serves as the business and trading capital of the state. Indore is known for its textile industry, which is the largest in India. Handloom and dyeing industries are also quite popular in this city. Indore also focuses on extracting oil using Ghani, weaving bamboo mats and baskets and manufacturing metal utensils. It also has a growing industry of embossing and engraving on gold and silver ornaments. Indore is situated on a high elevation and at the same time, it is an inland location. Hence, it experiences a mix of the humid subtropical climate and the tropical savanna climate. Even the hottest days in the city are relaxed by relatively cool and comfortable nights. This place never lacks enjoyable things ? there are shopping malls, theatres, roller-coaster rides, go-karting tracks, magic shows, circuses - Indore has it all! It has many places of historical and religious importance for visitors to explore.
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.