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.

Jharkhand (; Hindi: [d͡ʒʱɑːɾkʰəɳɖ]; lit. 'the land of forests') is a state in eastern India. The state shares its border with the states of West Bengal to the east, Chhattisgarh to the west, Uttar Pradesh to the northwest, Bihar to the north and Odisha to the south. It has an area of 79,716 km2 (30,779 sq mi). It is the 15th largest state by area, and the 14th largest by population. Hindi is the official language of the state. The city of Ranchi is its capital and Dumka its sub-capital. The state is known for its waterfalls, hills and holy places; Baidyanath Dham, Parasnath, Dewri and Rajrappa are major religious sites. The state was formed on 15 November 2000, after carving out what was previously the southern half of Bihar. Jharkhand suffers from what is sometimes termed a resource curse: it accounts for more than 40% of the mineral resources of India, but 39.1% of its population is below the poverty line and 19.6% of children under five years of age are malnourished. Jharkhand is primarily rural, with about 24% of its population living in cities. It is amongst the leading states in terms of economic growth. In 2017–18, the GDP growth rate of state was at 10.22%.

Latehar is a town which is a headquarter of Latehar district of Jharkhand state, it is known for its natural environment, forest, forest products and mineral deposits. Latehar remained a part of Palamau District as a sub division since 1924. It was elevated from sub divisional status to a district on 4 April 2001, vide Jharkhand Government Notification No 946 dated 04.04.2001. Latehar is located on the north–west corner of Jharkhand in the Palamau Commissionary. It is surrounded by Ranchi, Lohardaga, Gumla, Palamu and Chatra district apart from Chhattisgarh state and district headquarters is situated at 84.51198 East Longitude and 23.741988 North Latitude. It’s a predominantly tribal district with almost 45.54% of the population belonging to the scheduled tribes. More than 66% of total population comprises SCs and STs. The total area of the district is 3,622.50 km2 and one of the block headquarters is more than 200 km away from the district headquarters. Jharkhand's second largest waterfall is situated in Latehar.