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).

Odisha (English: , Odia: [oɽiˈsa] (listen)), formerly Orissa ( the official name until 2011), is an Indian state located in Eastern India. It is the 8th largest state by area, and the 11th largest by population. The state has the third largest population of Scheduled Tribes in India. It neighbours the states of West Bengal and Jharkhand to the north, Chhattisgarh to the west, Andhra Pradesh and Telangana to the south. Odisha has a coastline of 485 kilometres (301 mi) along the Bay of Bengal in Indian Ocean. The region is also known as Utkala and is also mentioned in India's national anthem, "Jana Gana Mana". The language of Odisha is Odia, which is one of the Classical Languages of India. The ancient kingdom of Kalinga, which was invaded by the Mauryan Emperor Ashoka (which was again won back from them by King Kharavela) in 261 BCE resulting in the Kalinga War, coincides with the borders of modern-day Odisha. The modern boundaries of Odisha were demarcated by the British Indian government when Orissa Province was established on 1 April 1936, consisting of the Odia-speaking districts of Bihar and Orissa Province. The first of April is celebrated as Utkala Dibasa/Odisha Day. Cuttack was made the capital of the region by Anantavarman Chodaganga in c. 1135, after which the city was used as the capital by many rulers, through the British era until 1948. Thereafter, Bhubaneswar became the capital of Odisha. The economy of Odisha is the 16th-largest state economy in India with ₹5.86 trillion (US$73 billion) in gross domestic product and a per capita GDP of ₹127,383 (US$1,600). Odisha ranks 32nd among Indian states in Human Development Index.

Cuttack ( (listen), or officially Kataka [ˈkɔʈɔkɔ]) in Odia is the former capital and the second largest city in the Indian state of Odisha. It is the headquarters of the Cuttack district. The name of the city is an anglicised form of Kataka which literally means The Fort, a reference to the ancient Barabati Fort around which the city initially developed. Cuttack is known as the Millennium City as well as the Silver City due to its history of 1000 years and famous silver filigree works. The Orissa High Court is located there. It is the commercial capital of Odisha which hosts many trading and business houses in and around the city. Cuttack is famous for its Durga puja which is one of the most important festivals of Odisha. Cuttack is also the birthplace of Netaji Subhas Chandra Bose. The city is categorised as a Tier-II city as per the ranking system used by Government of India.The old and the most important part of the city is centred on a strip of land between the Kathajodi River and the Mahanadi River, bounded on the south-east by Old Jagannath Road. The city, being a part of the Cuttack Municipal Corporation consisting of 59 wards. Cuttack stretches from Phulnakhara across the Kathajodi in the south to Choudwar in north across the Birupa River, while in the east it begins at Kandarpur and runs west as far as Naraj. Four rivers including Mahanadi and its distributaries Kathajodi, Kuakhai, Birupa run through the city. Further Kathajodi is distributed into Devi and Biluakhai which often makes the geographical area look like fibrous roots. Cuttack and Bhubaneswar are often referred to as the Twin-Cities of Odisha. The metropolitan area formed by the two cities has a population of 1.862 million in 2018. Cuttack, an unplanned city, is characterized by a maze of streets, lanes and by-lanes which have given it the nickname of a city with Bauna Bazaar, Tepana Galee and i.e. 52 markets and 53 streets.