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Credit Card Takeover Loan from IDBI Bank in Danapur

Danapur is located in the Indian state of Bihar. It is a satellite town of Patna. The town is also known as Dinapur or Dinapur Nizamat. It is a part of the Patna Metropolitan Region and houses nearly 2 lakh residents. Danapur became a municipality in 1887. Located on the banks of the Ganges, Danapur houses one of the oldest river ghats, known as the Flagstaff Ghat, which was built in 1859. Danapur is a shelter, as well as a hatchery, for the migrating Siberian cranes, that are locally called Janhgil. These birds visit Danapur during the monsoon season every year for breeding and leave before the onset of winter. Other places worth visiting in and around this city are Gurdwara Handi Sahib in Danapur is a renowned pilgrimage for Sikhs. The Naulakha temple at Danapur, along with several other historical buildings constructed by the British are places worth visiting in this town.

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Low interest rate Credit Card Take Over Loan in Danapur, 06 December 2021 from IDBI Bank

IDBI Bank was founded in 1964 under the Parliament Act as a wholly-owned subsidiary of the RBI. In 1976, GOI took the ownership of IDBI, and it became the primary financial institution for streamlining the activities of financing and developing industry institutions involved in India. In July 1995, After the public issue of IDBI, the government holding in the bank shares came down from 100% to 75%. RBI formed a committee which recommended the IDBI for diversification of its activities and harmonizing the role of development financing and banking activities by reducing the gap between commercial banking and developmental banking. To sync with reforms in the financial sector, IDBI reshaped to a commercial institution. IDBI obtained the status of a limited company under the IDB(Transfer of Undertaking and Repeal Act, 2003, viz, IDBI Ltd. The RBI conferred the scheduled bank status to IDBI under the RBI Act, 1934. As a result from 1st October 2004, the IDBI formally entered into banking business as IDBI Ltd. In the Forbes Global 2000, IDBI Bank was ranked 1197 in May 2013.Mr. B Sriram is the interim MD and CEO of the IDBI Bank. The equity shares of IDBI Bank is listed on Bombay Stock Exchange and NSE.

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