The largest and the capital city of the Indian state of Mizoram is Aizawl. It is the states center of administration and houses all the important government offices such as the civil secretariat and the state assembly house. The population of Aizawl is around 3 lakhs and it strongly reflects the various communities of the ethnic Mizo people. 93% of the population is Christian. The city is located in between the Tlawng river valley and the Tuirial river valley. It has a mild sub-tropical climate but also experiences heavy rainfall. The economy of Aizawl is primarily sustained by government services. The major banks are located within Aizawl, employing many residents. The tourism industry is a flourishing trade in the scenic city of Aizwal, which has many hotels that further boost the citys economy. The city is moderately connected to the neighboring areas and the government is working on improving the connectivity. The various places of tourist interest in and around Aizwal are Solomons Temple, Baktawng Village, Durtlang Hills, Bara Bazar, Mizoram State Museum, etc.
The Indian Bank was founded on 15th August,1907. Fourteen top banks were nationalized by the Indian Government on 19th July,1969, including Indian Bank. As a result of the nationalization, the branches of nationalized Indian banks in Malaysia were forbidden to continue operations as parent branches. At that time, Indian Bank had three offices. In 1973, the three branches merged to establish United Asian Bank Berhad and take over their Malaysian operations. After the nationalization, Indian Bank was left with only two foreign offices, one in Colombo and the other in Singapore. The International expansion resumed in 1978 with Indian Bank becoming a technical adviser to PT Bank Rama in Indonesia. Two years later, Indian Bank, BOB, and UBI established Indian Union Bank International Finance, in Hong Kong. The three banks had an equal share in the joint venture; the Indian Banks Chairman became the first Chairman of IUB International Finance. In May 1980, the Indian Bank also opened a foreign currency unit at its branch in Colombo. In 1981, the Indian Bank set up its first Regional Rural Bank, in Chittoor.