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Holiday Loan from IDBI Bank in Bikaner

Bikaner is a historical city, located in the northwest part of the Indian state of Rajasthan. The city of Bikaner serves as the administrative headquarters of both the Bikaner District and the Bikaner division. The city, located beside the Thar Desert, was originally a barren wilderness called Jangladesh, which was turned into a city in 1488 by Rao Bika of the Rathore clan. From such a wild fallow land, the city has gone through rounds of transition to develop into the fourth largest city in Rajasthan. The Indira Gandhi Canal and the Ganges Canal, completed in 1928 and 1987 respectively, facilitated this development. Bikaner celebrates its foundation on two days (Chhoti Akha Teej and Badi Akha Teej) during Akshaya Tritiya, by flying kites all day and relishing special Rajasthani food. Bikaner is most famous all over the world for its savory snacks known as Bhujia. Other salty snacks, known as namkeens, such as spicy papad, samosa and kachori are a specialty of Bikaner that are sold all over the country. The city is known for its forts that exhibit splendid architecture. The Junagarh Fort has now become a museum that shows the visitors the grand lifestyle of the past Maharanas of Rajasthan. The Laxmi Niwas Palace was earlier a residential palace has now been turned into a luxury hotel. There are many other temples and forts in the area that attract tourists.

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Low interest rate Home Loan in Bikaner, 19 April 2019 from IDBI Bank

IDBI Bank was established to provide credit and other financial facilities for the development of the fledgling Indian industry, in 1964. The Government of India owns it. It is a nationalized bank treated on par with State Bank of India (SBI) and other nationalized banks as per the notification dated 26th February 2013 by the finance ministry. At present,77% stake in IDBI Bank is holding by the government. In the current fiscal of 2017-18, the bank made a loss of Rs.853 crore compared to a profit of Rs.241 crore earned during the last fiscal year. It currently has 3,817 ATMs, 1,995 branches, including one overseas office in Dubai. On June 29, 2018, Life Insurance Corporation of India (LIC) has got a technical go-ahead from IRDAI to increase stake in IDBI Bank up to 51%. The RBI formed a committee which recommended the development financial institution (IDBI) to diversify its activity and harmonize the role of development financing and banking activities by getting away from the conventional distinction between commercial banking and developmental banking. The bank had 16,555 employees, out of which 197 were employees with disabilities, as on 31st March.

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