Indian Bank is a central public sector undertaking. It is under the ownership of the Ministry of Finance, Government of India. It was established in 1907 and is headquartered in Chennai, India. It serves over 100 million customers with 39,734 employees, 5,721 branches with 5,428 ATMs and Cash deposit machines and is one of the top performing public sector banks in India. Total business of the bank has touched ₹1,010,000 crore (US$130 billion) as on 31 March 2022. The bank's Information systems and security processes are certified to meet ISO27001:2013 standard. It has overseas branches in Colombo and Singapore including Foreign Currency Banking Units at Colombo and Jaffna. It has 227 overseas correspondent banks in 75 countries. Since 1978, the Government of India has owned the bank. As per the announcement made by the Indian Finance Minister Nirmala Sitharaman on 30 August 2019, Allahabad Bank merged from 1 April 2020, making Indian Bank now the seventh largest bank in the country.

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.

Palwal is a city and a municipal council. It is the headquarters of Palwal district, the 21st district of Haryana state in northern India. It is a centre of for the cotton trade in the area. It is also a part of National Capital Region.