English Bazar is a city in the Malda district of the Indian state of West Bengal. It is popularly known as Malda town and has been nicknamed as the "Mango City." Malda serves as the headquarter of the eponymous district. Old Malda municipality and the, as well as the English Bazar municipality, are under the Malda municipal corporation. This is a rapidly growing city with a population of over 2 lakh people. Malda lies on the western bank of the Mahananda river. It experiences an extremely humid weather. Various colleges and universities are found in and around English Bazar. The University of Gour Banga is the largest educational institution in the area along with several other colleges like Malda College, Malda Polytechnic, Malda Medical College and Hospital, IMPS College of Engineering and Technology, etc. The city has a great connectivity to the state capital as well as to the Northeast via railway and roads. The city is known for its cultivation of mangoes and production of Mango Jelly.
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.