Guntakal is situated in the Anantapur district of Andhra Pradesh. The headquarter of the Anantapur revenue division and the Guntakal mandal is situated in this city. The city houses around 2 lakh residents who mainly speak in Telugu and Kannada. Situated in the south-western part of Andhra Pradesh, Guntakal is very close to the state border and is only 50 kilometers away from Bellary in Karnataka. Guntakal Railway Division of South Central Railway is one of the most profitable divisions in Indian Railways and it houses a railway diesel shed. Lord Anjaneya Swamy Temple, which is locally referred to as Nettikanti Anjaneya Swamy Temple, is situated near Guntakal and attracts devotees from across Andhra Pradesh, Karnataka and several other parts of South India every day. Guntakal also has a relic of the Jain religion. Jambudweepachakra in the vicinity of the town is known to have been sculpted by Jain priests. The is a tomb of a Sufi saint named Mastan Vali is situated near Guntakal which attracts devotees across all religions and castes. Our Lady of Health Church at Guntakal is an architectural wonder.
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.