The city of Tiruppur is situated in the south Indian state of Tamil Nadu. It is the states fifth largest. Thiruppur lies on the banks of the River Noyyal and serves as the administrative headquarters of the Tiruppur district. The city is also familiar to many as the "Knit Wear Capital of India" or as "Textile City." Tiruppur was a major part of a trade route and was much coveted by various ruling dynasties in India during the medieval period. The city is a manufacturing hub for textiles, knitwear, bleaching and dyes. The economy of the city is flourishing on textiles. There are small industries manufacturing commodities for MNCs like Nike, Walmart, Adidas, Diesel, Tommy Hilfiger, etc. The educational necessities of students in Tiruppur are taken care of by renowned institutions like Tamil Nadu School Of Architecture, Alagappa University, Bharathiar University, A.S Educational Institute, Bharathiyar University, School Of Distance Education, etc. Tiruppur is an ancient city and hosts many monuments of cultural, religious as well as historical significance. A few areas of tourist interest in and around Tiruppur are Avinashi Temple, Thirumoorthy Dam, Tirupur Kumaran Memorial Statue, Amaravathi Crocodile Farm, Orathuppalayam Dam, Ayyan Kovil, etc.
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.