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Holiday 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 Home Loan in Fatehpur, 18 October 2021 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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