Patiala is situated in the Indian state of Punjab. It is the administrative capital of Patiala District. The administration of the city is done through 57 wards which are administered by an elected representative. The city is located around the Qila Mubarak or the Fortunate Castle which was constructed in 1763 by the chieftain of the royal dynasty of the Patiala State, Baba Ala Singh. Patiala is the fourth largest city in Punjab and it houses the National Institute of Sports. Patiala was traditionally an agriculture-based economy. However, the city has now become home to plenty of manufacturing units that produce goods like cutting tools, power cables, etc. Some reputed educational institutions and universities in this city include the Thapar University, the Punjabi University, the Rajiv Gandhi National University of Law, the Netaji Subhash National Institute of Sports, the Government Medical College, etc. Patiala?s vintage location has led to the development of various tourist spots such as the Bahadurgarh Fort, Mubarak complex, the Gurdwara Dukh Niwaran Sahib, the Gurdwara Moti Bagh Sahib, Maa Kali Devi Mandir, QilaSheesh Mahal, Baradari Gardens, etc.
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.