Gandhidham is located in the Kutch District in the Indian state of Gujarat. The town was built in the 1950s by Bhai Pratap Dialdas for the resettlement of the refugees from Sindh after the partition of India. It was initially called Sindhu Resettlement Corporation Ltd. The town was named after Mahatma Gandhi who was the father of the Indian nation. Gandhidham is considered to be the economic capital of Kutch. It is a rapidly developing city in the state. It is a growing city, ideal for families and retired individuals. It is also a favored destination for conventions and business meetings. The city offers a peaceful life to its residents, with a plenty of options for recreation and entertainments. It is known for its verdant picnic spots and parks. Gandhidham is connected to the rest of the country by road and rail. Transport Nagar, situated on the outskirts of the city, serves as the hub of all major transport activities of Gandhidham. There are many reputed educational institutions as well as all modern amenities available in the city that ensures a comfortable lifestyle to the residents.
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.