The Indian city of Sirsa is also a municipal council in the eponymous district in Haryana. Sirsa lies in the westernmost region of the state, bordering Punjab and Rajasthan. The history of Sirsa dates back to the time of the Mahabharata. River Sarasvati used to flow through this area at one point in time. Sirsas ancient name was Sairishaka. Many believe that the name got modified over time and eventually became "Sirsa." Another popular belief attributes the derivation of name to the abundance of the Siris (Benth) trees in the surrounding area. Sirsa is one of Indias 250 backward districts and the Backward Regions Grant Fund Programme is currently supporting the city with funds. The city has an air base of the Indian Air Force called sirsa Air Force Station.
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.