Tiruvottiyur is located in the Indian state of Tamil Nadu. It is a neighborhood in North Chennai, located within the Greater Chennai Corporation. It is often spelled as Thiruvottriyur or just TVT. The city belongs to the Tondiarpet division of the state. The city is located near Parrys and Chennai Central, yet it provides comparatively cheaper residential space along with decent amenities. Hence, it has become a much-coveted and sought after residential destination.The city comprises of industrial units, trading activity and fishing hamlets. Tiruvottiyur is easily accessible road and railway. There are around 2.5 lakh residents in Tiruvottiyur. It is believed that Thiruvottiyur was inhabited even before the city of Chennai was formed. There are many ancient as well as new temples in and around the city. Tiruvottiyur is a heavily populated suburb of Chennai. It has a few industrial establishments that employ a majority of the citys population. Business is another source of income for the residents. The fishing industry is also enormous in the city. The city is well-equipped with all the modern facilities and amenities. However, entertainment options are rather scarce in this city as a lot of movie theaters have been converted into real estate properties. The city is well-known for its food and a lot of hotels, restaurants and small food joints are distributed across the place. Thiruvottiyur is considered to be an economical housing zone. It is gradually developing on par with the other localities in Chennai.
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.