shahjahanpur is a town, a municipal corporation as well as the district headquarters of the Shahjahanpur District in the Indian state of Uttar Pradesh. Shahjahanpur was founded by Dilir Khan and Bahadur Khan after they had suppressed the rebellious Katheria Rajputs in the region. These founders were the sons of Dariya Khan, a soldier in the Mughal army during Emperor Jahangirs reign. Indian freedom fighters Ashfaqulla Khan and Ram Prasad Bismil hailed from Shahjahanpur. The city of Shahjahanpur lies at the junction of the Khannaut and Garra rivers. Shahjahanpur is known for its eminent sarod players like Enayat Ali and Ustad Murad Ali Khan. The Rosa Thermal Power Plant in the vicinity of the city contributes towards the economy of Shahjahanpur. Crops such as wheat, gram, millet and potatoes are cultivated in Shahjahanpur. There are a handful of good educational institutions in the area.
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.