Bharatpur is a city as well as a municipal corporation in the Braj region in the Indian state of Rajasthan. Bharatpur is located 180 kilometers away from Delhi and it is a part of the National Capital Region. The Bharatpur Municipal Corporation is divided into 50 wards for civic governance. Bharatpur also functions as the administrative headquarters of the Bharatpur District and the Bharatpur Division of Rajasthan. The city is also known as the "Eastern Gateway to Rajasthan" and also by the name of "Lohagarh" at times. It is famous for Keoladeo National Park which is UNESCOs World Heritage Site. The Lohagarh Fort in Bharatpur is a major spot of tourist attraction. Bharatpur attracts a large number of national as well as international tourists every year. The region hosts communities like the Jats, Ahirs, Yadavs, Brahmins, Rajputs, Vaishyas and Gujjars. The city is rich in its culture and heritage. It hosts several reputed educational institutions such as the Government Engineering College, Chandravati Group of Institutions, etc. The economy of Bharatpur is largely dependent upon agriculture and agricultural products. The main crops that are grown in Bharatpur are wheat, mustard, cotton, potatoes and red chilies. There are over 60 oil mills in the city mainly because of the mass production of mustard in the surrounding areas. Stone quarrying is also practiced in a few areas.
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.