Chinsurah is a town on the banks of the Hooghly river in the Hooghly district of the Indian state of West Bengal. It is often known by the name Hooghly-Chinsura or Chuchura. The town functions as the administrative headquarters of the Hooghly district. Chinsurah was a Dutch settlement prior to the Indian independence. Chinsurah was used as a base for trade in various commodities such as saltpeter, spices, cotton and indigo. The town of Chinsurah has nearly 3 lakh residents and Bengali is the most commonly used language. The town is connected to the nearby cities of Kolkata and Bardhaman through railway as it is situated on the Howrah-Bardhaman main line. The Grand Trunk Road or the G.T.Road passes through the town. Ferry services on River Hooghly connects Chinsurah to Naihati in the district of North 24 Parganas. Most of the residents of this town travel to the metro city of Kolkata for work. The District Court building at Chinsurah is known to be the longest building in the state. Chinsurah also has the oldest Armenian church in India. The Hooghly Imambara, the Edwardian clock tower called Ghorir More, the temple of Mahishmardini, the temple of Shandeshwar and the Bandel Church nearby are places worth visiting in Chinsurah. There are some famous educational institutions in Chinsurah - the Hooghly Mohsin college, Collegiate school, Don Bosco and Auxilium Convent are seats of profound education in this town.
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.