siwan is a city in Bihar. It is the district headquarters of the eponymous district. The city is situated near the border of Uttar Pradesh. Siwan has around 1.3 lakh residents who speak in Bhojpuri, Hindi & English. The city is divided into 38 wards for effective administration. This city has probably got its name from Shiva man, the ruler of the area until Babars arrival. A small river called the Daha River passes through the middle of the town - it dries up during the summer and often floods the town during the monsoon. 80% of the residents of Siwan are educated as the city is known for its many reputed academic institutions. Siwan is well connected via roadways and railways. The NH-531, NH-27 and several State Highways pass through the city. Siwan Junction railway station connects the city to other major cities of India.
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.