Gandhidham is located in the Kutch District in the Indian state of Gujarat. The town was built in the 1950s by Bhai Pratap Dialdas for the resettlement of the refugees from Sindh after the partition of India. It was initially called Sindhu Resettlement Corporation Ltd. The town was named after Mahatma Gandhi who was the father of the Indian nation. Gandhidham is considered to be the economic capital of Kutch. It is a rapidly developing city in the state. It is a growing city, ideal for families and retired individuals. It is also a favored destination for conventions and business meetings. The city offers a peaceful life to its residents, with a plenty of options for recreation and entertainments. It is known for its verdant picnic spots and parks. Gandhidham is connected to the rest of the country by road and rail. Transport Nagar, situated on the outskirts of the city, serves as the hub of all major transport activities of Gandhidham. There are many reputed educational institutions as well as all modern amenities available in the city that ensures a comfortable lifestyle to the residents.
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.