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Low interest rate instant Personal Loan in shahjahanpur,17 July 2019 from IDBI Bank

shahjahanpur is a town, a municipal corporation as well as the district headquarters of the Shahjahanpur District in the Indian state of Uttar Pradesh. Shahjahanpur was founded by Dilir Khan and Bahadur Khan after they had suppressed the rebellious Katheria Rajputs in the region. These founders were the sons of Dariya Khan, a soldier in the Mughal army during Emperor Jahangirs reign. Indian freedom fighters Ashfaqulla Khan and Ram Prasad Bismil hailed from Shahjahanpur. The city of Shahjahanpur lies at the junction of the Khannaut and Garra rivers. Shahjahanpur is known for its eminent sarod players like Enayat Ali and Ustad Murad Ali Khan. The Rosa Thermal Power Plant in the vicinity of the city contributes towards the economy of Shahjahanpur. Crops such as wheat, gram, millet and potatoes are cultivated in Shahjahanpur. There are a handful of good educational institutions in the area.

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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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