Gulbarga, also known as by its official name Kalaburagi, is an urban agglomeration situated in the southern Indian state of Karnataka. Standing on the banks the Krishna and Bhima rivers, it is one of the most important cities in the state and also the administrative headquarters of Gulbarga District. The current administration of Gulbarga is carried out by representatives elected to service its 55 wards. The economy of Gulbarga is mainly dependent on agriculture. The place is known for the cultivation of Pigeon Peas and Toor Dal. Recently, upon the state governments initiatives, many industries have been set up in and around the city. Gulbarga has units to manufacture cement, textile, leather and chemicals. Gulbarga is the home to many educational institutions like the Karnataka State University, KBN institute of medical sciences and Gulbarga Institute of Medical Sciences. Gulbarga is well known as a tourist destination as well. There are many temples and forts in the area. Tourist spots such as the Bahmani fort, the Government Museum, the Holkonda fort, the Ferozabad Fort, the Sharanabasaveshwar Temple, Shri Sadguru Dattatreya Narasimha Saraswati, Shri Kshetra Ganagapur, Sri Hulakantheshwar Temple are frequented by tourists.
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.