Nangloi Jat is popularly known as "Nangloi." It is a locality situated in the western district of the Union Territory of Delhi. The city surrounded by Paschim Vihar, Najafgarh, Bahadurgarh and Delhi Outer Ring road. The National Highway 10 or the Rohtak Road runs through Nangloi. The city is connected to the Delhi Metro on its Green Line. Some striking landmarks in Nangloi include Maharaja Surajmal Stadium, Krishan Mandir, Northern Railways Jal Neer Plant and Nangloi Railway Head. The region has developed tremendously since the liberalization of the Indian economy in 1991. Many health-care centers have been established here, along with all other amenities required for a comfortable living. A look-alike of the Qutub Minar, Hastsal ki Laat, that is similar to the famous monument in design and is made with similar red sandstone, is located near Nangloi. It was built by the Mughal Emperor Shahjahan in 1650 and is definitely worth a visit.
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.