Jaipur is the capital city of Rajasthan. It was named after King Jai Singh in 1727, who was the then ruler of Amer. The former Royal family still lives in Jaipur in the famous City Palace. With a whopping population of more than 3 million, Jaipur is the tenth most populous city in India. It is often referred to as the Pink City, due to its dominantly pink colored buildings. Located very close to the Great Indian Desert, Jaipur has a hot semi-arid climate with very less rainfall during the monsoon months. The ancient forts and relics in and around Jaipur make it a flamboyant city which attracts thousands of tourist every year. The royal observatory or the Jantar Mantar, the honeycomb-like Hawa Mahal and the gorgeous Amer Fort are Jaipur?s star attractions, which are also UNESCO World Heritage Sites. Jaipur also connects tourists to other attractive tourist destinations in the vicinity like Jodhpur, Jaisalmer, Udaipur and Mount Abu. Interestingly, Jaipur is a Vastu-complaint city which was meticulously planned by Vidyadhar Bhattacharya in 1727 based on the Indian Vastu Shastra. Rajasthani, Dhundhari, Marwari, Hindi and English are the languages spoken in the city. Jaipur is famous for its spread of delectable Rajasthani cuisine - the Dal Baati Churma and Ghevar are the most sought out dishes in the restaurants of Jaipur. Jaipur is a colorful city where one may find a beautiful juxtaposition of the old and the new - modern cars and buses alongside camels, trendy motorbikes and buzzing autorickshaws, modern buildings and ancient forts, shopping complexes and rustic markets - all these add up to enhance the beautiful essence and spirit of the city.
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.