Jamnagar, situated in the western Indian state of Gujarat, is the fifth largest city in the state and also the administrative capital of Jamnagar district. The city has plenty of nicknames. It is also known as ?Brass city? for its largest production of Brass items in India. The city is also nicknamed as ?Oil city? for hosting the world?s largest oil refinery of Reliance Industries. Jamnagar is divided into 21 wards and subzones for an effective administration. The economy of the city is mainly sourced from its mining industries. Jamnagar is the home of Reliance Industries and petrochemicals, which obviously boosts the citys economic growth. Jamnagar has huge reserves of bauxite. It is known for the traditional "Bandhani" clothes that are popular all over the world. The city hosts many educational institutions like Government Polytechnic College, Gujarat Ayurved University, Shri Vidhyasagar Infotech College, M P Shah Medical College, Government Dental College & Hospital, etc. There are a handful of visiting spots in the city like Darbargadh Palace, Willingdon Crescent, Pratap Vilas Palace, Lakhota Fort, Solarium, Bhujio Kotho, Kotha Bastion, Dhanvantri Mandir, Jam Ranjitsinhji Park, Ranjit Sagar Dam, Shantinath Mandir, Balachadi Beach, etc. Jamnagar has base stations of all three wings of Defence - the Indian army, navy and airforce.
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.