Bhubaneswar is the capital of the eastern Indian state of Odisha. The city is located in the Khordha district of Odisha, and it is the largest city in the state. It lies on the eastern coastal plains near the Eastern Ghats. The topography of the city is split into the western uplands and the eastern lowlands. There are hillocks in the northern and the western parts of Bhubaneswar. The city falls under the jurisdiction of the Bhubaneswar Municipal Corporation area. There are 173 revenue villages and two other municipalities within this boundary. The city is shaped like a dumbbell. The city can be distinctly categorized into the old town and the new planned city. The old town is primarily characterized by temples and hence often referred to as the Temple town by the locals. Some of the famous temples here include the Lingaraj Temple, the Rajarani Temple and the Kukteshwara Temple. The newer planned city was conceptualized and designed in 1948 to house the state capital. It is a modern city with schools, colleges, universities, shopping centers, hospitals and recreational facilities. This fast-growing city is an important trading and commercial center in Odisha as well as in eastern India. Its a great place for business and is rapidly transitioning into an IT hub. Tourism considerably contributes to the economy of the city as it is very near to the coveted sea-side destination as well as a pilgrimage - Puri. Other popular places of tourist attraction near Bhubaneswar is the Konark Sun Temple, Dhauligiri, Nandan Kanan Zoo, etc.
In 1964 the head office of Indian Overseas Bank was inaugurated at Mount Road. The Indian Overseas Bank has been the first public sector bank to introduce mobile banking services using Wireless Application Protocol(WAP). On 29 August 2003, the Indian Overseas Bank has opened an extension counter at Bambalapitiya, Ceylon. In 2005, the IOB began a representative office in Guangzhou; China followed which the bank opened another representative office in Kuala Lumpur and Dubai, UAE. In 2007 The bank took over Bharat Overseas Bank. After three years, Malaysia granted a commercial banking license to a local bank jointly owned by Bank Of Baroda, Indian Overseas Bank, and the Andhra Bank. The new bank named, India International Bank (IIB Malaysia), began its operations in 2012 in Kuala Lumpur and had a large population of Indians. The Andhra Bank has a 25% stake in its joint-venture, BOB owns 40%, and remaining 35% is with IOB. On 31 August 2013, the Indian Overseas Bank has incorporated an offshore banking unit in Colombo, Sri Lanka. The bank also converted its existing Extension Counter at Ceylon into a full-fledged branch. In 2014-15, the IOB bank has crossed the target of 3000 ATMs as on 2014.IOB also launched m passbook app as a new mobile banking initiative.