Pune is a bustling and vibrant metropolis in the state of Maharashtra. Being the second largest city in the state after Mumbai, Pune has become a thriving center of academia and business. The people of Pune lovingly call the city by its erstwhile name "Poona." Pune, coupled up with its industrial counterpart Pimpdi-Chinchwad and three other cantonments, forms the Pune Metropolitan Region or PMR. Looking into the historical past of the city, Pune was ruled by Shivaji and a line of Peshwas till the British took over in 1817 and made it the monsoon capital of the Bombay Presidency. Geographically, the city is located near the Western Ghats at one side, the Deccan Plateau on the other and the Mutha River flows along the left edge of the city. The cool, dry and soothing climate of Pune makes Pune a much-coveted city to settle in. Pune experienced the waves of globalization in the 1990s. The city hosts many well-known educational institutions and is often called the "Oxford of the East." The local economy of the state thrives on education, manufacturing and information technology. With its dynamic mix of capitalism and spiritualism, ancient and modern architecture, and its diverse cultural trends, Pune epitomizes the New India, a city worth exploring.
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.