Patna is the largest city in Bihar and the second largest in eastern India, right after Kolkata. It is also the capital city of the state. The city is located on the southern bank of River Ganga. This city was found in 490BC by the Magadha empire and was named Pataliputra. The city has been under the dominance of great dynasties such as the Mauryas, Guptas, Palas and Nandas, who made this city a seat of arts and education in the olden days. Being the 5th among the fastest growing cities in the country, the World Bank had ranked Patna as the second most business-friendly Indian city in 2009. It is one of the rapidly growing Indian cities with the GDP of around 7.29%, which is on the rise with each passing year. It is one of the oldest cities of India. A primarily agricultural city, Patnas economy is based on the production and export of sugarcane, sesame, grains and rice. In the last few years, Patna has undergone a sustained growth phase due to the ?Green Revolution? business, which saw the rise of the FMCG industry and excellent performance of the service sector. This city is developing at a rapid pace as many SMEs and heavy industries are expanding to offer people numerous opportunities, thus making Patna a highly convenient place for people to settle down.
south Indian Bank Limited is based at Thrissur in Kerala, India. It has 852 branches, four service branches,56 extension counters, and 20 Regional Offices spread across the states and union territories of India. It has a network of 42 Bulk Note Acceptor/Cash Deposit Machines and 133 ATMs all over India. Under the Companies Act of 1913, South Indian Bank was registered as a Private Limited Company and started operations on 29th January 1929 at Round South, Thrissur. The South Indian Bank Ltd. was founded by a group of 44 enterprising men of Thrissur who contributed Rs.500/ - individually to the initial paid-up capital. Their primary aim was to assist the merchant community of Thrissur by saving them from the grasp of the money lenders who charged exorbitant rates of interest. The bank received outstanding support from the public at large. The number of branches opening each year justifies popularity. On 7th August 1946, it was included in the second schedule of the Reserve Bank of India and became a scheduled Bank. On 17th June 1957, under section 22 of the Banking Regulation Act 1949 from RBI, SIB was the first scheduled Bank in Kerala to get the license.