Khandwa is a city in the Indian state of Madhya Pradesh. It is a Nagar Nigam in the Nimar region of the state. It also functions as the administrative headquarter of the Khandwa District. An ancient city, Khandwa has many places of worship for Hindus and Jains. The city used to be a center of Jainism during the 12th century. During the British era, Khandwa became the main commercial center of the Nimar region. Khandwa is known for the cultivation of local crops such as cotton, wheat and soybean along with an assortment of seasonal vegetables and fruits. The city grows a special variety of wheat known as Khandwa2, which is famous all over the country for its aroma, color and quality. A hydropower project by the name of Indira Sagar Pariyojna is located in the vicinity of Khandwa. A few other industries in the region include Nepa paper mills, Mansingka oil mills and Nimar textiles. The four Kunds, namely Padam Kund, Suraj Kund, Bheem Kund and Rameshwar Kund, located in four corners of the city, adds to the fame of the city. The famous tourist places in Khandwa are Dada Darbar Khandwa, Turja Bhavani Temple and Nagchun Talab. Hanumantiya Island at Khandwa is a an adventurous place for water sports in the backwaters of Indira Sagar Dam.
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.