Kamarhati is a city and a municipality in the Indian state of West Bengal. It is located in the Barrackpore subdivision of the North 24 Parganas district. The place was initially a refugee colony soon after the partition of Bengal as many squatters from East Pakistan flocked to this area and encroached upon the public as well as private land. Within a very short time, these refugees initiated all the amenities required for a comfortable lifestyle and developed a proper society. Kamarhati belongs to the Kolkata Urban Agglomerate and houses around 3.5 lakh residents. There are several industrial units in Kamarhati like Texmaco Rail and Engineering Ltd, Kamarhatty Company Ltd (jute mill), Agarpara Jute Mills, Prabartak Jute Mills Ltd, National Tobacco Company Industries Ltd, WIMCO (a Swedish match company), Allied Ceramics Private Limited, Emami Paper Mills Ltd, etc. The Dakshineshwar Temple is located in this area and it draws thousands of devotees every day.
The Indian Bank is one of the top performing public sector banks incorporated in 1907 and based in Chennai, India. It has 20,924 employees and 2836 branches. As on 2018, the total business of the Indian bank is around Rs.3.64 lakh Crores . The Information Systems & Security processes of the bank are certified with ISO27001:2013 standard. Outside India, it has branches in Colombo and Singapore along with a Foreign Currency Banking Unit at Colombo and Jaffna. "Indbank Merchant Banking Services Ltd" and "IndBank Housing Ltd" are the two sister concerns of the Indian Bank. The Government of India has owned the bank since 1969. The Madras lawyer, V. Krishnaswamy Iyer founded the Indian bank in 1906. In 1932, a branch in Colombo was opened by the Indian bank. In 1935, A second branch was opened at Jaffna in Ceylon, but it was shut in 1939. In late 1940, the next office was opened in Rangoon, Burma. In late 1941, more branches were opened in Ipoh, Penang, Singapore and Kuala Lumpur. The difficulties of war forced IB to shut its offices in Singapore and Malayan. In 1947 after the war, the Indian bank reopened its branch in Colombo. In 1962, some branches of Indian Bank were also opened in Burma, Malayan, and Singapore. In 1963, the Burmese government nationalized all foreign banks, including Indian Banks branch.