solapur is a West Indian Tier II city in the state of Maharashtra. It is the fourth largest district in the state. The city is located between Mumbai and Hyderabad and is connected to both of these metro cities via road and railway. Solapur was the home of many prominent freedom fighters and thus the city is recognized as "The City of Hutatmas" or "The City of Martyrs." Solapur district has 33 sugar factories, which is the highest among all districts in the country. The city is also the leading producer of Indian cigarettes or beedi in Maharashtra. Solapur has also been a leading center for cotton mills and power looms in the state, possessing Asias largest spinning mill. The city is famous for pomegranate farming which is done on a large scale in the entire district of Solapur. Solapurs economy of the city is based on medium and small scale industries like handloom and power loom industry, cotton mills and the textile industry. Solapur is the base of educational institutions like Shivaji University, Nehru Science Centre, Dr. V. M. Government Medical College and other engineering colleges. The Science Centre in Kegaon is a prominent scientific association in Maharashtra. The Ujjain Dam, , Great Indian Bustard Sanctuary and the Shri Siddeshwar Temple are places worth visiting in Solapur., solapur is a Tier II city in the Indian state of Maharashtra. It is located between Hyderabad and Mumbai, connected to both via railway and road. Many great freedom fighters of India hailed from Solapur. Hence, the city has received the title of "The City of Martyrs" or "The City of Hutatmas." The city is known for its numerous sugar factories as it is the highest maker of sugar in the entire state. It is also known for its mass production off Indian cigarettes or Beedi. The city has many cotton mills and power looms. It boasts of its spinning mill which is the largest in Asia. The handloom, cotton and textile industry fuel the city?s economy. Pomegranate is cultivated on a large scale in this city and its neighboring areas. Solapur has quite a few reputed institutes for education and research. The Science Centre in Kegaon is known for its research. The Shivaji University and Dr. V. M. Government Medical College are quite famous in the city. A few places to visit in and around Solapur include the Shri Siddeshwar Temple, Akkalkot Swami Samarth Maharaj Temple, Bhuikot Fort, Rukmini Temple, Ujjani Dam, Great Indian Bustard Sanctuary, Pandharpur, etc. Maharashtra?s first waste-to-energy electricity plant is located in Solapur.
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.