Hospet, officially renamed as Hospete, is also known as Nagalapura. It is a heritage city in the Indian state of Karnataka. The city has flourished on the banks of the Thungabadra. Hospet was built by Krishnadevaraya of the Vijayanagar Dynasty in 1520 AD in the memory of his mother, Nagalambika. The people here are employed majorly in the cultivation of Ragi and other crops as agriculture is the main source of economy of this city. The administrative infrastructure of the city is done through its division into 23 wards that are serviced by elected representatives. Hospete has many educational institutions like Hampi University besides several other schools and colleges. Hospete is the gateway to Hampi, the famous UNESCO World Heritage site. Hospete is well-known as a tourist destination for its innumerable temples, forts and picturesque views which attract visitors from India and abroad. The Hampi Stone Chariot, Nandanavana Park, Virupaksha Temple, Shri Ramulu Park, Chakra Vana, Queens Bath, the Tungabhadra dam, etc. are places worth visiting in Hospet.
the State Bank of Travancore was founded on 12 September 1945 as the Travancore Bank Ltd, an initiative by Travancore Diwan C. P. Ramaswami Iyer. It was a premier Indian bank based in Thiruvananthapuram, Kerala. It became a subordinate of State Bank of India under the SBI Subsidiary Banks Act, 1959, in 1960, enacted by the Parliament of India, and thus achieved the name state Bank of Travancore. The SBT was a sister concern of the State Bank Group, but it also had private shareholders. SBT was the leading bank of Kerala. The Union Cabinet approved the proposal of combining SBT and four other associate banks with SBI, on 15 February 2017. On 31 March 2017, It finally joined with its parent SBI bank. Sri Chithira Thirunal Balarama Varma, the Maharaja of Travancore was considered as the founder of the bank, though the king had little to do with the founding of the bank. Ms.Arundhatti Bhattacharya is the ex-officio chairman, and Mr. CR Sasikumar is the managing director of the SBT.It had a network of 1,157 branches and 1,602 ATMs across India, as of 31 March 2015. The Union Cabinet approved the proposal of combining SBT and four other associate banks with SBI, on 15 February 2017