Bareilly is a metro city in the northern Indian state of Uttar Pradesh. It is located in Rohilkhand on the banks of the Ramganga. It is around 250 kilometers away from the state capital Lucknow as well as from the country capital Delhi. It is one of the few largest metropolia in the state which is being developed into a smart city. According to the Hindu epic Mahabharata, Bareilly was earlier known as Panchala and is believed to be the birthplace of Draupadi, who was also called Panchali. Bareilly is also known by the name Nath Nagri for the seven Shiva temples located in the region, namely - Dhopeshwar Nath, Madhi Nath, Tapeshwar Nath, Bankhandi Nath, Alakha Nath, Pashupati Nath and Trivati Nath. Apart from these Hindu temples, the city also has quite a few mosques. The economy of this city is fuelled by furniture manufacturing. Cultivation and trade of cotton, cereal and sugar also adds to the economic growth of Bareilly. The city is also known as Bans-Bareilly, named after two princes: Bansaldev and Baraldev, who had founded the city in 1537. Hindi and Urdu are the commonly spoken languages in the city, but some residents also speak in Punjabi and Kumaoni.
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.