Panvel is a city in the Raigad district of Maharashtra. It is situated in the Konkan Division of the state. It is a highly populated city since it is close to Mumbai. Panvel falls within the territorial boundary of the Mumbai Metropolitan Region. The Panvel creek borders the city on one side and there are mountains on the other sides of the city. Panvel is surrounded by some major industrial hubs housing the units of companies such as Larsen & Toubro Ltd., Reliance, ONGC, Hindustan Organic Chemicals Ltd., IPCL, etc., providing mass employment to the residents of Panvel. The JNPT port is situated near Panvel. A new SEZ is being set up by the government around Panvel. The places worth visiting in Panvel are Karnala fort, Karnala bird sanctuary, Gadeshwar dam, Matheran, Ballaleshwar Pal, Bet El Synagogue, Varadvinayak, etc. The city is very well connected to neighboring areas via roads and railway.
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.