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Holiday Loan from IDBI Bank in Bulandshahr

Bulandshahr is a city as well as a municipal board in the Bulandshahr district in the Indian state of Uttar Pradesh. It functions as the administrative headquarters of the Bulandshahr District. Bulandshahr is around 70 kilometers away from Delhi and the city is a part of the National Capital Region. Bulandshahr has a population of more than 2.3 lakh people who mostly speak in Hindi. Bulandshahr is basically a religious city. There are many ancient temples, historical ruins and ghats of river Ganga. Urbanization has been slow in this area, yet there is no deficiency of factories and manufacturing units in the area that have significantly contributed to its economic development. The ceramic, pottery, handicrafts and garments are thriving industries at Bunlandshahr. The IT and retail sector are also gradually opening up at Bulandshahr. The residents of Bulandshahr are opening up to the various glamours of modern city life such as spas, boutiques, fitness centers and multiplexes. The city is also very popular among pilgrims and tourists, especially during annual festivals.

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Low interest rate Home Loan in Bulandshahr, 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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