Gorakhpur is situated in the Indian state of Uttar Pradesh. Nestled on the banks of River Rapti, Gorakhpur serves as the administrative headquarters of the Gorakhpur district. History reports that the city was ruled by the Nawab of Awadh and then by the British East Indian Company for over 200 years. At present, the city is divided into 70 wards for the purpose of effective administration. The economy of Gorakhpur is driven by the cultivation of crops like rice, maize, rapeseed, mustard, pigeon pea, sorghum, pearl millet, moong beans, Bengal gram, green peas, wheat, etc. Sugarcane is the chief cash crop grown in the area. The city hosts many educational institutions such as Bhawani Prasad Pandey PG College, Deen Dayal Upadhyay Government Degree College, Blooming Buds Degree College, Jawahar Lal Nehru PG College, BRD Medical College & Nehru Hospital, Indira Gandhi Girls Degree College, etc. Gorakhpur is a fascinating tourist destination which draws people from all parts of the country. The places in and around the city that are worthy of a visit are the Gorakhnath Temple, the Railway Museum, Kushmi Forest, Neernikunj Water Park, Indra Bal Vihar Park and St. Josephs Cathedral church.
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.