The city of Etawah is located in the Indian state of Uttar Pradesh. Located on the banks of the Yamuna, this city functions as the administrative headquarters of the Etawah District. Etawah was an important center for the Revolt of 1857. The city witnesses the confluence of the Yamuna and the Chambal. The relics of the Great Hedge of India can be found in this city. History claims that this region existed even in the Bronze Age. The Hindu epic Mahabharata records this place as Ekchakranagari. This is where the Pandavas had learned about Draupadis swayamvara from the Brahmins. The Guptas, the Kanvas, Kanishka and the Naga kings have ruled over this area. During the Great Revolt of 1857, Etawah was occupied by the freedom fighters for six months from June to December, which disrupted the British rule for quite a long time. The economy of this area is supported by the cultivation of cotton, oilseeds, ghee and other agricultural produce that are locally consumed as well as exported. Special breeds of goats and buffaloes called Jamunapaari and Bhadawari respectively are raised in the area and exported. Etawah has a natural gas-based power generation plant. However, it doesnt have any manufacturing industry. Etawah is also known for its handloom products.
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.