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Low interest rate instant Personal Loan in Tadipatri,31 July 2021 from IDBI Bank

Tadipatri is a town in the Anantapur district of Andhra Pradesh. It is also known by the name of Tadpatri. Tadipatri city functions as the headquarter of the Tadipatri Mandal in the Anantapur revenue division. The Tadipatri municipality is a first-grade municipality which was constituted in the year 1920. It is divided into 34 wards for effective administration. The city is located at the border of Kadapa and Kurnool district. The ancient and world-famous Chintala Venkataramana Temple which sprawls over a five-acre area is located in Tadipatri. The Penna river flows through the city. The Bugga Ramalingeswara Temple, located within one kilometer from Tadipatri, is known for its Shiva Lingam which seated on a pedestal that is filled with water at all times from a small spring. These temples bring a lot of devotees and tourists to Tadipatri from the neighboring areas. Tadipatri has cement grade limestone deposits. These limestone reserves largely contribute the economy of the city. Tadipatri has a treasure-house of beautiful ancient sculptures from the Vijayanagara empire.

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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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