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Low interest rate instant Personal Loan in Rohtak,18 August 2019 from IDBI Bank

Rohtak is a developing city in the Indian state of Haryana. It is a part of the National Capital Region and also functions as the administrative headquarter of the Rohtak district. The ancient Vedas record the name of this city as Rohtashgarh, which, over a period of time, got modified to its modern name. The city is dotted with ancient ruins that are considered to be from the Indus Valley Civilization. The Haryana State Industrial and Infrastructure Development Corporation or HSIIDC has developed an Industrial Model Township at Rohtak which houses multiple MNCs like Maruti Suzuki, Asian Paints, Coca-Cola Plant, Nippon Carbide, Super Gas, Suzuki Motorcycle, HITech Plast, Lotte India Corporation Limited, Amul Dairy, Shivam Autotech Ltd., Vita Milk Plant, etc. The city is being strategically developed so that it is selected as a smart city in the future with new residential areas, a healthy environment, and well-maintained roads. A few areas of tourist interest in and around Rohtak are Gurudwara Manji Sahib Lakhan Majra, Rohtak Zoo and Tilyar Lake.

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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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