English Bazar is a city in the Malda district of the Indian state of West Bengal. It is popularly known as Malda town and has been nicknamed as the "Mango City." Malda serves as the headquarter of the eponymous district. Old Malda municipality and the, as well as the English Bazar municipality, are under the Malda municipal corporation. This is a rapidly growing city with a population of over 2 lakh people. Malda lies on the western bank of the Mahananda river. It experiences an extremely humid weather. Various colleges and universities are found in and around English Bazar. The University of Gour Banga is the largest educational institution in the area along with several other colleges like Malda College, Malda Polytechnic, Malda Medical College and Hospital, IMPS College of Engineering and Technology, etc. The city has a great connectivity to the state capital as well as to the Northeast via railway and roads. The city is known for its cultivation of mangoes and production of Mango Jelly.
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.