Jalgaon is a small and developing city in western India, located in the state of Maharashtra. It is also known as Khandesh and the Girna River flows through the city. Jalgaon serves as the administrative headquarters of the Jalgaon district with almost half a million residents and a separate a municipal corporation. This city is known for its banana cultivation as it produces more than 16% of the countrys bananas, which adds up to 3% of the worlds total banana production. There are a few prestigious academic institutions in Jalgaon. The North Maharashtra University established in August 1989, the Government Polytechnic Jalgaon established in 1960 and the Government College of Engineering established in 1996 ensure a sound education to the young minds of this city. Tourism fairly contributes to the citys economy as there are plentiful temples in and around Jalgaon that attract a lot of Hindu devotees. Apart from the temples, the Gandhi Teerth Museum and the Mehrun Lake are popular places of tourist attraction.
IndusInd Bank was founded in 1994 under the chairmanship of Srichand P Hinduja, head of the Hinduja group and a famous NRI. The head office of IndusInd Bank is in Mumbai and offers a wide range of financial products and services. The bank began with a capital amount of Rs.1 billion out of which Rs. 600 million had been raised by the Indian residents and rest of the amount by NRIs.Among the new-generation private banks, IndusInd Bank is the first in India. The bank has its specialization in retail banking, and it keeps on upgrading its support systems through new technologies. It is also expanding its branches all across the country along with the global spread. In 2008-09, the bank tied up with BONY Mellon for online remittances from the US to India. It has received the prestigious ISO 27001 certification for IT operations in 2009-10. It was ranked second in the fastest growing bank category published in the report by the business world and PWC. In 2016, it was featured on Forbes among 50 super companies in India. Mr. Romesh Sobti, the MD, and Chairman won the best CEO award in the year 2018.