Katni, a town situated beside the channel of the Katni River, is located in the Indian state of Madhya Pradesh, India. It functions as the administrative headquarter of the Katni District. It is situated in the Mahakoshal Region of Central India. The city is also known as Murwara or Mudwara. The city houses around 2 lakh residents who generally speak in Hindi. A considerable part of the Bandhavgarh National Park falls within the territories of Katni. The area is known for its biodiversity and greenery.
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.