Indian Overseas Bank (IOB) is a central public sector undertaking. It is under the ownership of the Ministry of Finance, Government of India. It is based in Tamil Nadu, India, with about 3,214 domestic branches, about 4 foreign branches and representative office. Founded in February 1937 by M. Ct. M. Chidambaram Chettyar with twin objectives of specialising in foreign exchange business and overseas banking, it has created various milestones in Indian Banking Sector. During the nationalisation, IOB was one of the 14 major banks taken over by the government of India. On 5 December 2021, IOB got Degidhan Award 2020–21 by Ministry of Electronics & Information Technology for achieving second highest percentage of digital payment transaction among public sector banks. As on 31 March 2022, IOB's total business stands at ₹417,960 crore (US$52 billion).

Haryana (; Hindi: [ɦəɾɪˈjɑːɳɑː]) is an Indian state located in the northern part of the country. It was carved out of the former state of East Punjab on 1 November 1966 on a linguistic basis. It is ranked 21st in terms of area, with less than 1.4% (44,212 km2 or 17,070 sq mi) of India's land area. The state capital is Chandigarh, which it shares with the neighboring state of Punjab, and the most populous city is Faridabad, which is a part of the National Capital Region. The city of Gurugram is among India's largest financial and technology hubs. Haryana has 6 administrative divisions, 22 districts, 72 sub-divisions, 93 revenue tehsils, 50 sub-tehsils, 140 community development blocks, 154 cities and towns, 7,356 villages, and 6,222 villages panchayats.Haryana contains 32 special economic zones (SEZs), mainly located within the industrial corridor projects connecting the National Capital Region. Gurgaon is considered one of the major information technology and automobile hubs of India. Haryana ranks 11th among Indian states in human development index. The economy of Haryana is the 13th largest in India, with a gross state domestic product (GSDP) of ₹7.65 trillion (US$96 billion) and has the country's 5th-highest GSDP per capita of ₹240,000 (US$3,000). Haryana has the highest unemployment rate among Indian states.The state is rich in history, monuments, heritage, flora and fauna and tourism, with a well developed economy, national highways and state roads. It is bordered by Punjab and Himachal Pradesh to the north, by Rajasthan to the west and south, while river Yamuna forms its eastern border with Uttar Pradesh. Haryana surrounds the country's capital territory of Delhi on three sides (north, west and south), consequently a large area of Haryana state is included in the economically important National Capital Region of India for the purposes of planning and development.

Gurgaon (pronunciation: [ɡʊɽɡãːw]), officially named Gurugram (pronunciation: [ɡʊɾʊɡɾaːm]), is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about 30 kilometres (19 mi) southwest of the national capital New Delhi and 268 km (167 mi) south of Chandigarh, the state capital. It is one of the major satellite cities of Delhi and is part of the National Capital Region of India. As of 2011, Gurgaon had a population of 1,153,000.Gurgaon is India's second largest information technology hub and third largest financial and banking hub. Gurgaon is also home to India's largest medical tourism industry. Despite being India's 56th largest city in terms of population, Gurgaon is the 8th largest city in the country in terms of total wealth. Gurgaon serves as the headquarters of many of India's largest companies, is home to thousands of startup companies and has local offices for more than 250 Fortune 500 companies. It accounts for almost 70% of the total annual economic investments in Haryana state, which has helped it become a leading hub for high-tech industry in northern India. Gurgaon is categorised as very high on the Human Development Index, with an HDI of 0.889 (2017).Gurgaon's economic growth started in the 1970s when Maruti Suzuki India Limited established a manufacturing plant and gathered pace after General Electric established its business outsourcing operations in the city in collaboration with real-estate firm DLF. New Gurgaon, Manesar and Sohna serve as adjoining manufacturing and upcoming real estate hubs for Gurgaon. Despite rapid economic and population growth, Gurgaon continues to battle socio-economic issues, such as high-income inequality and high air pollution. It also has a flood problem due to the limited drainage capacity.