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Credit Card Takeover Loan from IDBI Bank in Fatehpur

Fatehpur is a city as well as a municipal board in the Fatehpur district of Uttar Pradesh in India. The city lies between the holy Ganga and Yamuna. It was founded by Rishi Purwar who later became the King of the city. Fatehpurfalls within the territorial boundaries of the Kanpur Megapolitan Region. This city is situated between two important cities of the state - Allahabad and Kanpur. It is well connected to these cities and to other nearby areas by train route as well as via road. Historical evidence claim that Fatehpur has been around since the Vedic era which was later ruled by the Maurya, the Kusan, the Gupta and the Mughal rulers. The splendid Badshahi Bagh in Fatehnagar was built by Emperor Aurangzeb and it is an attractive tourist spot in the city.

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Low interest rate Credit Card Take Over Loan in Fatehpur, 27 November 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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