Darbhanga is situated in the Indian state of Bihar. It is a municipal corporation, as well as the administrative headquarter, for the Darbhanga district and the Darbhanga division. It is considered to be the cultural hub of the Mithila region. Historically, Darbhanga was the seat of the Raj Darbhanga as well as the capital region of ancient Mithila. The city hosts nearly three lakh people and experiences a humid climate. The city is known for its educational institutes like the prestigious Darbhanga Medical College and Hospital, Womens Institute of Technology, Darbhanga College of Engineering, Kameshwar Singh Darbhanga Sanskrit University, etc. The city is well connected to all other important regions in the vicinity through roads and railway. Darbhanga Junction is one of the oldest railway stations of Bihar and has a massive network. It is one of the highest earning railway junctions in the eastern zone. The airport at Darbhanga was earlier a military base but is scheduled to operate commercial flights in 2019.
The State Bank of India was found on 1 July 1955. The Reserve Bank of Indias stake in SBI, took over by the government of India in 2008 to remove any conflict of interest because the RBI is the banking regulatory authority of India. The government passed the (Subsidiary Banks) Act, State Bank of India in 1959. This made SBI subsidiaries free, that had belonged to princely states before their nationalization. The operational takeover between September 1959 and October 1960, had earned eight associate state banks for SBI. The SBI united with the first Five Year Plan, which prioritized the development of rural India. The government integrated these associate banks into the State Bank of India system to expand its rural outreach. The State Bank of Jaipur and State Bank of Bikaner was merged with the State Bank of India in 1963. The SBI had 59,291 ATMs as of 31st March 2017. The SBI provided an integrated digital banking platform named "YONO" to its customers. The equity shares of SBI are listed on the Bombay Stock Exchange, and NSE.