Gwalior is a city in the Indian state of Madhya Pradesh. It is also the largest city in the state. It is rapidly developing into a smart city. The city is the administrative headquarter of the Gwalior District, divided into 60 wards for administrative purposes. One of the main concerns of this city is its pollution levels as it has the highest levels of air pollution among all Indian cities. The economy of Gwalior is boosted by trade, market hubs and agriculture. Wheat, jowar, paddy, and pulses are the chief crops cultivated in the area. There are many sandstone quarries in and around the city. Three major industrial areas in the vicinity of the city add to the citys economic growth. The industrial belts at Sitholi, Banmore and Malanpur mainly focus on dairy, chemical and textiles. The city is known for educational institutes like the Indian Institute of Tourism and Travel Management and the ITM University. Gwalior serves as the tourism capital of Madhya Pradesh. The dramatic and dominant Gwalior Fort located atop a hill is the main attraction of this city. People from all over the country visit Gwalior to explore this beautiful fort as well as for other attractions like the Scindia museum, Saas-bahu temple, Gwalior temple, Jaivilas Mahal, Man Singh Palace, Madhav national park, Jain Rock Sculptures, etc. Gwalior is famous for its old marketplaces. The Maharaj Bada, Ghas Mandi, Loha Mandi and Hazira are centuries old marketplaces with ancient buildings displaying different styles of architecture that still remain in the city, contrasting the modern shopping malls that have recently come up.
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.