Lucknow lies on the banks of River Gomti and the bustling city is the capital city as well as the largest city in the Indian state of Uttar Pradesh. The city that was once ruled by the Nawabs, the Mughals, the Delhi Sultanate as well as the British colonizers, continues to spread the charming aura of the ancient days through various relics left behind by the rulers. The Nawabs of Awadh beautifully built the city which proudly showcases its ancient and medieval architecture alongside a rich culture and glory. The Mughals and the Sultans gave the city its delectable Islamic cuisine. The British Raj witnessed the courage of this city as it became a major seat of the Great Revolt of 1857. Over the period of change and time, Lucknow has successfully retained its age-old charm and glory even after its tremendous modernization. The city is known for its warmth and hospitality. Lucknow passionately nurtures its literature, music and art. The picturesque city is filled with extraordinary monuments and mausoleums that depict an enthralling blend of ancient, colonial and modern architecture. Historical monuments like the Kaiserbagh Heritage Zone, Imambara, Rumi Darwaza, Dilkusha, etc attract tourists. Many pilgrims visit the city on their way to the birthplace of Lord Rama which is in the vicinity of Lucknow. Tourists from all over the planet visit this city to taste the Lucknowi Biryani and Kebabs, shop at the old bazaars for Chikan embroidery and zardozi which have become a global fashion and to explore the mazes of the enigmatic Bara Imambara.
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.