The Emerging Banking Business Hub
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Bhubaneswar
The capital city of Odisha, Bhubaneswar was designed to be a largely residential city with outlying industrial areas. The government has fostered the growth of the city by the development of IT Parks such as Infocity 1 and the new Infocity 2. Satyam Computer Services also has its presence in the city. The Finland telecommunication company, Nethawk, has its India R&D center at Bhubaneswar. Gennum Corporation, a Canadian company, has its India development centre, Mindfire Solution, a software firm and the auditors PricewaterhouseCoopers also have their center in Bhubaneswar. The city also holds a private STP located at Infocity in Chandaka with a view to provide incubation and infrastructure facilities to new and young entrepreneurs in the MSME sector. With the latest quarterly report of RBI on the top banking centers in the country, places Bhubaneswar among the top twenty financial centers of India. The growth of deposits in the city is far high than cities like Baroda and Kochi showing a prospect of the city as an emerging Banking Business Hub of the country.

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