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.

Nagaland () is a landlocked state in the northeastern region of India. It is bordered by the Indian states of Arunachal Pradesh to the north, Assam to the west, Manipur to the south and the Sagaing Region of Myanmar to the east. Its capital city is Kohima and its largest city is Dimapur. The state has an area of 16,579 square kilometres (6,401 sq mi) with a population of 1,980,602 as per the 2011 Census of India, making it one of the smallest states in India.Nagaland became the 16th state of India on 1 December 1963. It is home to a rich variety of natural, cultural and environmental resources. Nagaland is a mountainous state and lies between the parallels of 95 and 94 degrees east longitude and 25.2 and 27.0 degrees latitude north. The high-profile Dzüko Valley is located at Viswema, in the southern region of the state. The state has significant resources of natural minerals, petroleum, and hydropower with agriculture as the state's most important economic activity, accounting for over 70% of its economy. Other significant activities include forestry, tourism, insurance, real estate, horticulture and miscellaneous cottage industries.The state has experienced insurgency and inter-ethnic conflict since the 1950s, limiting its economic development.

Phek (pron:/ˈfɛk/) is a town located in the south-eastern part of the Indian state of Nagaland. It is the administrative seat of Phek District.