Guwahati, often pronounced as Gauhati in the regional dialect, is a scenic city situated in the north-eastern state of Assam. It lies on the foothills of the Shillong plateau and the Brahmaputra River flows through it. Guwahati is a larger expanse that encompasses the city of Dispur which is the administrative capital of Assam. Guwahati is the hub for trade and commerce in the northeast with the economy of the city driven by tea plantations and tourism. Industries such as pharmaceuticals, oil, electronics and textiles also contribute to it. The Guwahati refinery is one of the oldest refineries in India which contributes substantially to the economy and employment in the city. Assam is known for its tea. Most of the tea leaf processing and trade happens through Guwahati. The city also boasts of its beautiful handloom and textiles that are exported to all parts of India. Education is a rapidly developing sector in Guwahati. Some of the countrys finest institutions like the IIT have been set up in the city in addition to the older prestigious institutions that were already extant in Guwahati. Tourism is a dominant sector and the city acts as a gateway to the entire Northeast. The Kamakhya temple and the Umananda temple draw innumerable devotees every year.
The Punjab and Sind Bank was established on 24th June 1908 with an idea to uplift the weaker section with the far-sighted vision of luminaries like Sir Sunder Singh Majitha, Bhai Vir Singh, and Sardar Tarlochan Singh. As on 31st March 2015, the net worth of the bank is Rs. 4812 crore. A Punjab & Sind Bank branch was established in London in the 1960s. In 1991, the Bank of Baroda acquired the Punjab & Sind Banks London branch on the request of the RBI based on the Punjab & Sinds involvement in the Sethia fraud. The Bank confirmed to have a network of 920 branches or extension counters and 63 ATMs spread across the country as of July 31, 2010. Notably, they have 49 specialized departments, out of the 920 offices. The government owns Punjab & Sind Bank, and it is based in New Delhi. Its 623 offices are in Punjab state out of 1554 branches spread all over India. The Punjab & Sind Bank sponsored a regional rural bank known as Sutlej Gramin Bank. The products of Punjab and Sind bank includes Debit Card, ATM, Internet Banking, Mobile Banking, SMS Banking, BHIM, UPI, POS Machine, AADHAR PAY and BHARAT QR.