Ranchi is the capital city of Jharkhand. This Indian city was made the the state capital when Jharkhand state was formed in 2000. Ranchi is one among the hundred cities selected to be developed as smart cities. Jharkhand has a large base for mining and industrial ores, and thus Ranchi gets a premier status in its trade and export. Since it is the capital city of the state, Ranchi has the civic administration which employs a host of the citys residents. The lush green forests cover the region which hosts numerous waterfalls - Hudru, Jonha, Dassam, Hirni, Panchghagh are few to name. Thus Ranchi is often called the "city of waterfalls." The city is rich in mineral resources which drive the economy of the city. The major industrial sectors that dot its landscape include mining, engineering, furniture, paper, rayon, etc. which are further developed by public and private sector industries such as Central Coalfields, Heavy Engineering Corporation, SAIL, Marine Diesel Engine Project, etc. The educational hub in the city is led by institutions like the Ranchi University, IIM, NIFFT, XISS, etc. For a tourist or visitor, Ranchi offers a plethora of attractions which include its famous waterfalls as well as places like Gonda hills rock garden, Jaggannathpur temple, Nakshatra Van, etc.
The J&K Bank is a State-owned banking and financial services company based in Srinagar, Jammu, and Kashmir. It was incorporated on October 1, 1938. On 1 October 1938, the Jammu and Kashmir Bank was founded by Maharaja Hari Singh (the Maharaja of Jammu and Kashmir). The bank had achieved the status of a scheduled bank In the year 1971. It had to face severe problems during the time independence when two branches of Muzaffarabad fell to the other side of the LOC (now Pakistan administered Kashmir) along with cash and other assets. It has been designated as the RBIs agent for all the banking related businesses, making it the first bank of its kind. Any savings account opened with the bank will attract an interest-earning which is paid to the customer after every six months. The rate of interest is 4% per annum.The bank provides services through internet banking to its customers. Some of the facilities are: Tax payment, Inquiry of account balance, Account statement generation, Fund transfer facility. Mr. Parvez Ahmed is the chairman and CEO of Jammu & Kashmir Bank.