Deoghar, considered to be a holy city, is a part of the Indian state of Jharkhand. It functions as the administrative headquarters of the Deoghar District. It is located in the Santhal Parganas division of harkhand. This city is known for the famed Baidyanath Dham Temple which is one of the 12 Jyotirlinga shrines in India. The city has mythological origins and houses famous mythological temples. Thus Deoghar attracts a lot of tourists and devotees. The famous educational institutions in the city are Deoghar College, Deoghar Ramakrishna Mission and the campus of Birla Institute of Technology. The city has over 2 lakh residents who speak in Hindi. Other popular tourist destinations in and around the city are the Tapavan, the Trikut Parvat, Naulakha Mandir, Nandan Pahar and Sri Sri Thakur Anukul Chandra Satsang Ashrama.
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.