siliguri is situated in the Indian state of West Bengal. It lies on the banks of the river Mahananda, at the foothills of the Himalayan mountains. The city is a gateway to the exotic hill stations in North Bengal such as Darjeeling and Kalimpong. The city was originally a small hamlet which flourished into a busy town when the British introduced railways to the region. The economy of Siliguri is mostly based on tourism. However, agricultural products of the regions in and around the city also contribute to it. Educational facilities in the city depend on institutions like the University of North Bengal, Surendra Institute of Engineering & Management, Siliguri Government College and Siliguri Institute of Technology, etc. Apart from connecting tourists to the much-coveted vacation spots in the Himalayas, Siliguri itself is an attractive tourist destination. Tourist spots worth visiting in and around the city include the ISKCON Siliguri, Coronation Bridge, Kali Mandir, Sri Sri Radha Madhavsundara, Hong Kong Market, The Science City, Chilapata Forest, Chapramari Sanctuary, Garumara Sanctuary and Sourian Nature park.
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.