Guna is a small city in the Indian state of Madhya Pradesh. It functions as the administrative headquarter of the eponymous district. The city lies on the north-eastern regions of Malwa Plateau and is defined by the Parbati river in the west. Guna is an acronym for Gwalior United Nation Army. It was founded by Chand Pradyota Mahesena and was a part of the ancient Avanti Kingdom. It was later added to the growing empire of Magadha. It passed on to the Marathas and to the Kingdom of Gwalior till it was made a part of Madhya Pradesh in 1956. Although Guna is very small and nondescript town, it still functions as an important industrial center with major industries such as National Fertilizers Limited, Gas Authority of India Limited, Deepak Spinners Limited, KS Oil Ltd, Spice park at Mavan, etc. The first private state university of the state is at Guna. The Jaypee University of Engineering & Technology has a sprawling campus in Guna which offers facilities like hostel, mess, laundry, shopping center, medical center, etc. to the 1500+ students. A few places worth visiting in and around Guna are Shri Shanti Nath Digambar Jain temple at Bajrangarh, Bees Bhuja Devi, Kedarnath, Hanuman Tekri, Christ The King Church and Panchmukhi Hanuman Ashram.
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.