sambhal is a city in the Indian state of Uttar Pradesh. The Sambhal district was carved out of the Moradabad district in 2011. It comprises three tehsils: Sambhal and Chandausi, and Gunnaur. Sambhal city is popular for its unique craft items made of horns and bones. These items are manufactured in the Sarai Tarin for export. Sambhal is believed to have flourished during the rule of Akbar. However, the growth rate diminished and the city lost its popularity when Shah Jahan took over the charge of the city. Sambhal has many mint farms and it is Asias largest market of mentha oil or Methanol. The Sarai Tarin area is famous for its handicraft industry. Decorated showpieces of bone and horns with intricate handiwork are exported to Europe. The rural residents are mostly employed in agriculture. Having been ruled by great Islamic rulers from the Mughal dynasty and the Delhi Sultanate, Sambhal houses many mosques and mausoleums of Islamic architecture. The Shahi Jama Masjid, Chakki Ka Paat, Tota Maina Ki Kabr, Manokamna Mandir, etc. are the places worth visiting at Sambhal.
In 2000, Indian Overseas Bank engaged in an initial public offering (IPO) that brought the governments share in the banks equity down to 75%. In 2001, the IOB acquired the Mumbai-based Adarsha Janata Sahakari Bank. Then in 2009, the bank took over Shree Suvarna Sahakari Bank, which was founded in 1969 and had its head office in Pune. Since 2006, Shree Suvarna Sahakari Bank had been in administration. It had nine offices in Pune, 2 in Mumbai and 1 in Shirpur. The total strength of employees was estimated to be more than 100. On 29 August 2003, the Indian Overseas Bank has opened an extension counter at New Kathiresan Temple complex, Bambalapitiya, Ceylon. The IOB opened a representative office in Guangzhou, China in 2005 followed which the bank opened another representative office in Kuala Lumpur and 2009 in Dubai, UAE. In the new millennium, international expansion started once again. The bank took over Bharat Overseas Bank in 2007. After three years, Malaysia granted a commercial banking license to a local bank jointly owned by BOB, IOB, and the Andhra Bank. The new bank named, India International Bank ( IIB Malaysia), began its business in 2012 in Kuala Lumpur and had a large population of Indians. The Andhra Bank holds a 25% stake in its joint-venture, BOB owns 40%, and remaining 35% is with IOB. On 31 August 2013, the Indian Overseas Bank has opened an offshore banking unit in Colombo, Sri Lanka. The bank also converted its existing Extension Counter at Ceylon into a full-fledged branch.