Nadiad is a large city in the Kheda district of the Indian state of Gujarat. Nadiad hosts around 2.3 lakh residents who mainly speak in Gujarati and Hindi. It is believed that this city had been a settlement of rope-dancers. The historical name of Nadiad was "Natapadra" which means outskirts of natas (ropes) or "Natpur" which means city of natas. It is also called Nandgam. The city has a special regard for the number 9 as it has nine step wells, nine villages or towns located in it, nine roads that enter and exit the city and nine lakes. Nadiad is also referred to as sakshar Bhumi which means The land of the educated. Nadiad experiences mild winters and very hot summers. Nadiad was the land of laureates and writers during the late 19th century and the early 20th century when the city largely contributed to the Gujarati literature.
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.