Mau is a town located in the Mau district of the Indian state of Uttar Pradesh. It is officially known as Maunath Bhanjan and it serves as the headquarter of the district. The city has a population of around 22 lakh people and the city celebrates various festivals like Holi, Diwali, Eid, Muharram, Durga Puja, Vijayadashami, Christmas, Bhaiya Duj, Chhath Puja, etc. with grand pomp and show. Mau is an industrial town. The textile industry of Benares and Mubarakpur saw a gradual decline over the last few decades but Mau still stands as one of the last bastions of textile hubs of UP. There are more than 50000 power-looms in the city and the state government is putting extra effort into modernizing this industry at Mau.
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.