Editing Tamil Nadu (section)

===Services===
[[File:Tid.jpg|thumb|[[Tidel Park]], the first [[Information Technology|IT]] [[Special Economic Zone]] in the state]] 

{{As of|2022}}, the state is amongst the major [[Information technology]] (IT) exporters of India with a value of {{INRconvert|576.87|b}}.<ref>{{cite news|url=https://factly.in/data-karnataka-tamil-nadu-maharashtra-telangana-account-for-more-than-80-of-indias-software-exports/|title=Data: Karnataka, Tamil Nadu, Maharashtra & Telangana Account for More Than 80% of India's Software Exports|date=4 July 2023|access-date=1 December 2023|work=Factly|archive-date=25 December 2023|archive-url=https://web.archive.org/web/20231225094647/https://factly.in/data-karnataka-tamil-nadu-maharashtra-telangana-account-for-more-than-80-of-indias-software-exports/|url-status=live}}</ref><ref>{{cite news|title=Chennai emerging as India's Silicon Valley?|url=https://economictimes.indiatimes.com/Infotech/Software/Chennai_emerging_as_Indias_Silicon_Valley/articleshow/3000410.cms|newspaper=[[The Economic Times]]|date=1 May 2008|access-date=28 December 2012|first=Rajesh|last=Chandramouli|url-status=live|archive-url=https://web.archive.org/web/20200820000027/https://economictimes.indiatimes.com/Infotech/Software/Chennai_emerging_as_Indias_Silicon_Valley/articleshow/3000410.cms|archive-date=20 August 2020}}</ref> Established in 2000, [[Tidel Park]] in Chennai was amongst the first and largest IT parks in Asia.<ref>{{cite news|title=PM opens Asia's largest IT park|url=https://www.ciol.com/pm-asias-largest-it-park-chennai/|date=4 July 2000|publisher=CIOL|access-date=1 December 2023|archive-date=9 December 2023|archive-url=https://web.archive.org/web/20231209062949/https://www.ciol.com/pm-asias-largest-it-park-chennai/|url-status=live}}</ref> The presence of [[Special Economic Zone|SEZ]]s and government policies have contributed to the growth of the sector which has attracted foreign investments and job seekers from other parts of the country.<ref>{{cite news|url=https://www.business-standard.com/article/economy-policy/after-delhi-maharastra-tn-received-highest-fdi-equity-inflows-in-fy15-114113000130_1.html|title=Maharashtra tops FDI equity inflows|newspaper=[[Business Standard]]|date=1 December 2012|access-date=22 July 2015|archive-date=23 July 2015|archive-url=https://web.archive.org/web/20150723070339/http://www.business-standard.com/article/economy-policy/after-delhi-maharastra-tn-received-highest-fdi-equity-inflows-in-fy15-114113000130_1.html|url-status=live}}</ref><ref>{{cite news|url=https://timesofindia.indiatimes.com/city/chennai/tamil-nadu-a-small-step-in-inclusivity-a-giant-leap-in-industry/articleshow/99926653.cms|title=Tamil Nadu: A small step in inclusivity, a giant leap in India|date=2 May 2023|newspaper=[[Times of India]]|access-date=1 December 2023|archive-date=9 December 2023|archive-url=https://web.archive.org/web/20231209064452/https://timesofindia.indiatimes.com/city/chennai/tamil-nadu-a-small-step-in-inclusivity-a-giant-leap-in-industry/articleshow/99926653.cms|url-status=live}}</ref> In the 2020s, Chennai has become a major provider of [[Software as a service|SaaS]] and has been dubbed the "SaaS Capital of India".<ref>{{cite news|url=https://www.crayondata.com/heres-why-chennai-is-the-saas-capital-of-india/|title=Here's why Chennai is the SAAS capital of India|date=24 August 2018|access-date=1 December 2023|publisher=Crayon|archive-date=6 May 2021|archive-url=https://web.archive.org/web/20210506031522/https://www.crayondata.com/heres-why-chennai-is-the-saas-capital-of-india/|url-status=live}}</ref><ref>{{cite news|url=https://timesofindia.indiatimes.com/business/india-business/a-silent-saas-revolution-is-brewing-in-chennai/articleshow/67583586.cms|title=A silent SaaS revolution is brewing in Chennai|newspaper=[[Times of India]]|access-date=1 December 2023|archive-date=15 May 2020|archive-url=https://web.archive.org/web/20200515030121/https://timesofindia.indiatimes.com/business/india-business/a-silent-saas-revolution-is-brewing-in-chennai/articleshow/67583586.cms|url-status=live}}</ref>

The state has two [[stock exchange]]s, [[Coimbatore Stock Exchange]], established in 2013, and [[Madras Stock Exchange]], established in 2015 and India's third-largest by trading volume.<ref>{{cite news|title=Investors told to go in for long term investment, index funds|url=https://www.thehindu.com/news/cities/Tiruchirapalli/investors-told-to-go-in-for-long-term-investment-index-funds/article3222777.ece|date=25 March 2012|newspaper=[[The Hindu]]|access-date=28 December 2012|archive-date=4 August 2020|archive-url=https://web.archive.org/web/20200804024931/https://www.thehindu.com/news/cities/Tiruchirapalli/investors-told-to-go-in-for-long-term-investment-index-funds/article3222777.ece|url-status=live}}</ref><ref>{{cite web|url=https://www.sebi.gov.in/stock-exchanges.html|title=List of Stock exchanges|publisher=SEBI|access-date=1 December 2023|archive-date=28 August 2022|archive-url=https://web.archive.org/web/20220828151333/https://www.sebi.gov.in/stock-exchanges.html|url-status=live}}</ref> The [[The Madras Bank (1683)|Madras Bank]], the first European-style banking system in India, was established on 21 June 1683, followed by the first commercial banks such as Bank of Hindustan (1770) and General Bank of India (1786).<ref>{{cite news|last=Mukund|first=Kanakalatha|title=Insight into the progress of banking|newspaper=[[The Hindu]]|location=Chennai|date=3 April 2007|url=http://www.hindu.com/br/2007/04/03/stories/2007040300301600.htm|access-date=28 December 2012|archive-date=1 July 2014|archive-url=https://web.archive.org/web/20140701143955/http://www.hindu.com/br/2007/04/03/stories/2007040300301600.htm|url-status=live}}</ref> The [[Bank of Madras]] merged with two other presidency banks to form the [[Imperial Bank of India]] in 1921 which in 1955 became the [[State Bank of India]], the largest bank in India.<ref>{{cite news|last=Kumar|first=Shiv|title=200 years and going strong|newspaper=The Tribune|date=26 June 2005|url=https://www.tribuneindia.com/2005/20050626/spectrum/main1.htm|access-date=28 December 2012|url-status=live|archive-url=https://web.archive.org/web/20200804210248/https://www.tribuneindia.com/2005/20050626/spectrum/main1.htm|archive-date=4 August 2020}}</ref> More than 400 financial industry businesses including three [[Banking in India|banks]] are headquartered in the state.<ref>{{cite news|last=Shivakumar|first=C.|url=https://www.newindianexpress.com/cities/chennai/2018/feb/28/chennai-finance-city-taking-shape-1779935.html|title=Chennai Finance City taking shape|newspaper=[[New Indian Express]]|date=28 February 2018|access-date=17 March 2019|url-status=live|archive-url=https://web.archive.org/web/20201107162239/https://www.newindianexpress.com/cities/chennai/2018/feb/28/chennai-finance-city-taking-shape-1779935.html|archive-date=7 November 2020}}</ref><ref>{{cite news|last=Shivakumar|first=C.|url=https://www.newindianexpress.com/cities/chennai/2019/jun/08/state-of-the-art-commerce-hub-likely-on-anna-salai-1987448.html|title=State-of-the-art commerce hub likely on Anna Salai|newspaper=[[New Indian Express]]|date=8 June 2019|access-date=1 March 2020|url-status=live|archive-url=https://web.archive.org/web/20200921100423/https://www.newindianexpress.com/cities/chennai/2019/jun/08/state-of-the-art-commerce-hub-likely-on-anna-salai-1987448.html|archive-date=21 September 2020}}</ref><ref>{{cite web|url=https://www.jagranjosh.com/general-knowledge/indian-banks-and-their-headquarters-1690786564-1|title=Indian Banks and their Headquarters|date=31 July 2023 |publisher=Jagran Josh|access-date=1 June 2024}}</ref> The state hosts the [[Reserve Bank of India, South Zonal Office|south zonal office]] of the [[Reserve Bank of India]], the country's central bank, along with its zonal training centre and staff college at Chennai.<ref>{{cite web|title=RBI staff college|publisher=Reserve Bank of India|url=https://www.rbi.org.in/Scripts/rbsc.aspx|access-date=28 December 2022|archive-date=30 November 2022|archive-url=https://web.archive.org/web/20221130123403/https://rbi.org.in/Scripts/rbsc.aspx|url-status=live}}</ref> There is a [[World Bank office, Chennai|permanent back office]] of the [[World Bank]] in the state.<ref>{{cite news|url=https://timesofindia.indiatimes.com/city/chennai/world-bank-expands-footprint-in-city-adds-70k-sqft-back-office-space/articleshow/54860801.cms|title=World Bank expands footprint in city, adds 70k sqft back office|date=5 October 2015|newspaper=[[Times of India]]|access-date=28 December 2022|archive-date=9 December 2023|archive-url=https://web.archive.org/web/20231209064452/https://timesofindia.indiatimes.com/city/chennai/world-bank-expands-footprint-in-city-adds-70k-sqft-back-office-space/articleshow/54860801.cms|url-status=live}}</ref>