Chinsurah is a town on the banks of the Hooghly river in the Hooghly district of the Indian state of West Bengal. It is often known by the name Hooghly-Chinsura or Chuchura. The town functions as the administrative headquarters of the Hooghly district. Chinsurah was a Dutch settlement prior to the Indian independence. Chinsurah was used as a base for trade in various commodities such as saltpeter, spices, cotton and indigo. The town of Chinsurah has nearly 3 lakh residents and Bengali is the most commonly used language. The town is connected to the nearby cities of Kolkata and Bardhaman through railway as it is situated on the Howrah-Bardhaman main line. The Grand Trunk Road or the G.T.Road passes through the town. Ferry services on River Hooghly connects Chinsurah to Naihati in the district of North 24 Parganas. Most of the residents of this town travel to the metro city of Kolkata for work. The District Court building at Chinsurah is known to be the longest building in the state. Chinsurah also has the oldest Armenian church in India. The Hooghly Imambara, the Edwardian clock tower called Ghorir More, the temple of Mahishmardini, the temple of Shandeshwar and the Bandel Church nearby are places worth visiting in Chinsurah. There are some famous educational institutions in Chinsurah - the Hooghly Mohsin college, Collegiate school, Don Bosco and Auxilium Convent are seats of profound education in this town.
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.