Aurangabad is a historically and culturally important city in the state of Maharashtra. It houses one of the Worlds Heritage Sites, Ajanta and Ellora Caves, which makes the tourists swarm in to this city at any time of the year. Aurangabad has various cultural lineage linked to it. It was found in 1610 by Mughal Emperor Aurangzeb and the city was named after him. Lately, the city is heading towards a rapid industrial growth but the most exciting thing about the city is that its culture, heritage and traditions still remain intact. Beautifully situated near the elevated Deccan Plateau, it has beautiful locations to explore and a mix of cultural heritage to offer to its visitors. The city was found by Aurangzeb in 1610 but it wasnt as relevant in the medieval period. The city gained importance in the entire country after it was turned into the capital of the entire Mughal Empire from 1653 to 1707. After the death of Aurangzeb, the glory of the city was faded. Aurangabad has facsinating monuments like Bibi-qa-Maqbara, Taj Mahal Replica and the famous Buddhist caves.
IOB based in Chennai, is a public sector bank with almost 3400 domestic branches, including 1150 branches in Tamil Nadu, and eight offices in overseas as of 31 October 2017. An ISO certified in-house Information Technology department, which had developed the software used by IOB to provide online banking to customers earlier. The IOB had a network of around 3300 ATMs across India, as of 2016. The branches of IOB are in Singapore, Bangkok, Colombo, Seoul. The representative offices of IOB are in Guangzhou, Dubai, and Vietnam. In 1937, the Indian Overseas Bank (IOB) was established by Thiru.M. Ct. M. Chidambaram Chettyar for encouraging foreign exchange operations and overseas banking. IOB opened a representative office each in Guangzhou, China, and Kualalampur. IOB opened other Representative offices in Dubai and the United Arab Emirates in the year 2009. In 2015, IOB launched m Passbook applications and new mobile banking services. The Apollo Munich Health Insurance has tied up with IOB to serve specialized health and personal accident products to its customers.