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.

Gujarat (, Gujarati: [ˈɡudʒəɾɑt] (listen)) is a state along the western coast of India. Its coastline of about 1,600 km (990 mi) is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some 196,024 km2 (75,685 sq mi); and the ninth-most populous state, with a population of 60.4 million. It is bordered by Rajasthan to the northeast, Dadra and Nagar Haveli and Daman and Diu to the south, Maharashtra to the southeast, Madhya Pradesh to the east, and the Arabian Sea and the Pakistani province of Sindh to the west. Gujarat's capital city is Gandhinagar, while its largest city is Ahmedabad. The Gujaratis are indigenous to the state and their language, Gujarati, is the state's official language. The state encompasses 23 sites of the ancient Indus Valley civilisation (more than any other state). The most important sites are Lothal (the world's first dry dock), Dholavira (the fifth largest site), and Gola Dhoro (where 5 uncommon seals were found). Lothal is believed to have been one of the world's first seaports. Gujarat's coastal cities, chiefly Bharuch and Khambhat, served as ports and trading centres in the Maurya and Gupta empires, and during the succession of royal Saka dynasties in the Western Satraps era. Along with Bihar, Mizoram and Nagaland, Gujarat is one of four Indian states to prohibit the sale of alcohol. The Gir Forest National Park in Gujarat is home to the only wild population of the Asiatic lion in the world.The economy of Gujarat is the fourth-largest in India, with a gross state domestic product (GSDP) of ₹19.44 trillion (US$240 billion) and has the country's 10th-highest GSDP per capita of ₹243,761 (US$3,100). Gujarat ranks 21st among Indian states and union territories in human development index. The state traditionally has low unemployment and is widely considered one of the most industrially developed states of India and a manufacturing hub.

Veraval also known as Somnath is a municipality and the headquarters of Gir Somnath district in the Indian state of Gujarat. It is also known for the hub of fishing industries in India.