saharanpur is a city as well as a Municipal Corporation in the Indian state of Uttar Pradesh. It is located near the borders of Haryana, Himachal Pradesh and Uttarakhand. It functions as the administrative headquarters of both the Saharanpur District and the Saharanpur Division. The city of Saharanpur emerged in a region that was named after a Sufi Saint called Shah Haroon Chishti. The foundations of the present-day city of Saharanpur is laid on the site of an army cantonment by its founder Sah Ranbirsingh, who was a Jain nobleman. The city boasts of the long historic past, ruled by several dynasties like the Delhi Sultanate, the Mughals, the Sayyids, the Rohillas and the Marathas. The British Government provided many infrastructural upliftments to the city and built the citys famous Botanical Garden, also known as Company Garden. Saharanpur is surrounded by an extremely fertile agricultural region which abundantly produces grains and fruits. The city is also famous for its wood carving cottage industry. It has a thriving market for local agricultural produce like basmati rice and mangoes. A wide variety of industrial enterprises are operational in Saharanpur. Textiles, sugar, paper and cigarette factories serve as a major source of employment to the people 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.