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.

Sonipat is a city, municipal corporation and administrative headquarter in Sonipat district of Haryana state of India. It comes under the National Capital Region and is around 44 kilometres (27 mi) from New Delhi. It is also around 214 km (128 miles) southwest of Chandigarh, the state capital. The Yamuna River runs along the eastern boundary. On 22 December 1972, Sonipat was created a full-fledged district. Sonipat Junction railway station is the main railway junction on Delhi-Kalka line. It lies on Delhi Western Peripheral Expressway, Eastern Peripheral Expressway (NE II) and Grand Trunk Road (NH 44) as well as the planned Delhi–Sonipat–Panipat Regional Rapid Transit System.