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.
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.