State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees. On 14 September 2022, State Bank of India became the third lender (after HDFC Bank and ICICI Bank) and seventh Indian company to cross the ₹ 5-trillion market capitalisation on the Indian stock exchanges for the first time.The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged into the other two presidency banks in British India, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India in 1955. Overall the bank has been formed from the merger and acquisition of nearly twenty banks over the course of its 200 year history. The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India (India's central bank) taking a 60% stake, renaming it State Bank of India. On 16th Aug 2022 an attempt to facilitate and support start-ups in the country, the State Bank of India (SBI) announced the launch of its first "state-of-the-art" dedicated branch for start-ups in the country in Bengaluru.

Maharashtra (; Marathi: [məharaːʂʈɾə] (listen), abbr. MH or Maha) is a state in the western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the second-most populous state in India and the second-most populous country subdivision globally. It was formed on 1 May 1960 by splitting the bilingual Bombay State, which had existed since 1956, into majority Marathi-speaking Maharashtra and Gujarati-speaking Gujarat. Maharashtra is home to the Marathi people, the predominant ethno-linguistic group, who speak the Marathi language, the official language of the state. The state is divided into 6 divisions and 36 districts, with the state capital being Mumbai, the most populous urban area in India, and Nagpur serving as the winter capital, which also hosts the winter session of the state legislature. Godavari and Krishna are the two major rivers in the state. Forests cover 16.47 per cent of the state's geographical area. Out of the total cultivable land in the state, about 60 per cent is used for grain crops in the Deccan region, rice in coastal Konkan, and other high rainfall areas. Spread over 307,713 km2 (118,809 sq mi), Maharashtra is the third-largest state by area in India. It is bordered by the Arabian Sea to the west, the Indian states of Karnataka and Goa to the south, Telangana to the southeast and Chhattisgarh to the east, Gujarat and Madhya Pradesh to the north, and the Indian union territory of Dadra and Nagar Haveli and Daman and Diu to the northwest. The state has three international airports, Chhatrapati Shivaji Maharaj International Airport (Mumbai), Dr. Babasaheb Ambedkar International Airport (Nagpur), and Pune Airport. The state is home to three railways headquarters viz. Central Railway (Chhatrapati Shivaji Maharaj Terminus), Konkan Railway (CBD Belapur), and Western Railway (Churchgate). The High Court of the state viz. Bombay High Court is located in Mumbai. The state contributes 48 seats and 19 seats to the lower house Lok Sabha and the upper house Rajya Sabha, respectively. Maharashtra has been subject to President's rule three times since its formation for a total of 156 days for different reasons. More than three-fourths of the population practice Hinduism, which is followed by Islam and Buddhism. The state is home to four UNESCO World Heritage Sites: Ajanta, Ellora and Elephanta caves, and the Chhatrapati Shivaji Maharaj Terminus (formerly Victoria Terminus). Maharashtra is one of the most industrialised states in India. The state's capital, Mumbai, is India's financial and commercial capital. India's largest stock exchange Bombay Stock Exchange, the oldest in Asia, is located in the city. The state has played a significant role in the country's social and political life and is widely considered a leader in terms of agricultural and industrial production, trade and transport, and education. Maharashtra is among the most developed Indian states and continues to be the single largest contributor to the national economy with a share of 14 per cent in all-India nominal GDP. The economy of Maharashtra is the largest in India, with a gross state domestic product (GSDP) of ₹35.81 trillion (US$450 billion) and GSDP per capita of ₹225,073 (US$2,800). The service sector dominates the state's economy, accounting for 69.3 per cent of the value of the output of the country. Although agriculture accounts for 12 per cent of the state GDP, it employs nearly half the population of the state. Maharashtra is the fifteenth-highest ranking among Indian states in the human development index. The region that encompasses the state has a history going back many millennia. Prior to Indian independence, notable dynasties and entities that ruled the region include in a chronologial order, the Maurya, the Western Satraps, the Satavahana dynasty, Rashtrakuta dynasty, Western Chalukyas, the Bahamanis, Deccan sultanates, Mughals, the Maratha Empire founded by Shivaji, and the British. Ruins, monuments, tombs, forts, and places of worship left by these rulers are dotted around the state. At the time of the Indian independence movement in the early 20th century, along with British ruled areas of Bombay presidency, and Central Provinces and Berar, the region included many British Vassal states. Among these, the erstwhile Hyderabad state was the largest and extended over many modern Indian states. Other states grouped under Deccan States Agency included Kolhapur, Miraj, Sangli, Aundh, Bhor, and Sawantwadi.

Nashik (, Marathi: [naːʃik] , also called as Nasik (listen)) is a city in the northern region of the Indian state of Maharashtra. Situated on the banks of river Godavari, Nashik is the fourth largest city in Maharashtra, after Mumbai, Pune and Nagpur. Nashik is well known for being one of the Hindu pilgrimage sites of the Kumbh Mela, which is held every 12 years. Nashik is located about 190 km north of state capital Mumbai. The city is called the "Wine Capital of India" as more than half of India's vineyards and wineries are located here. Around 90% of all Indian wine comes from the Nashik Valley.Nashik is one of the fastest-growing cities in India. It has been a major industrial center in automobile hub. The city houses companies like Exxelia, Atlas Copco, Robert Bosch GmbH, CEAT Limited, Crompton Greaves, Graphite India, ThyssenKrupp, Epcos, Everest Industries, Gabriel India, GlaxoSmithKline, Hindustan Coca-Cola, Hindustan Unilever Limited, Jindal Polyster, Jyoti Structures, Kirlosker Oil Engines, KSB Pumps, Larsen & Toubro, Mahindra and Mahindra, Mahindra Sona, United Spirits Limited, Perfect Circle Industries, Mahindra Ugine Steel, Samsonite, Shalimar Paints, Siemens, VIP Industries, Indian Oil Corporation, XLO India Limited and Jindal Saw etc.