The city of Agra is located on the banks of River Yamuna. It is the home to one of the most famous Indian monuments - the Taj Mahal - which is also one of the seven wonders of the world. The city was founded in 1504 by Sultan Sikandar Lodi of the Delhi Sultanate. This iconic city is a part of the northern Indian state of Uttar Pradesh. It is a bustling haven for tourists from around the globe. The city is very close to the national capital of New Delhi. It has a rich historical and cultural background. Agra was the seat of governance under the Sultanate of Delhi for a while and turned into prominent place during the Mughal age. It is undoubtedly one of the most populated cities in UP, whose economy of Agra is essentially driven by tourism. Many historic monuments, forts and ruins such as the Agra Fort, Fatehpur Sikri, Itimad-Ud-Daulah, the Mughal Heritage Walk, Akbars tomb, Mankameshwar temple, Gurudwara Guru Ka Talare etc. dotted all around the city apart from the famous Taj Mahal. Substantial agricultural produce, crafts, textile as well as leather goods also contribute to the economy and employment in Agra. The sweets of Agra are famous throughout the country. The city nurtures a large number of self-employed individuals who run their own small and medium scale businesses.
The IDBI Bank Ltd provides personalized banking and financial solutions to its customers in the retail and corporate sector via the network of branches, ATMs and internet banking. Core IT banking platform drives the operations of IDBI. Under the Parliament Act, IDBI Bank was constituted in 1964 as a wholly-owned subsidiary of the RBI. In 1976, GOI took the ownership of IDBI, and it was regarded as the public financial institution in the finance and development industry. In July 1995, the government holding in the bank shares came down from 100% to 75% due to the public issue of IDBI. In the year 2004, the IDBI was transformed into the bank from DFI. IDBI obtained the status of a limited company under Transfer of Undertaking and Repeal Act, 2003 (Repeal Act). The scheduled bank status was given to IDBI Bank by the Reserve Bank of India under the RBI Act, 1934. Consequently, the IDBI formally entered into the banking business as IDBI Ltd. The United Western Bank Ltd was with IDBI Ltd in 2006, under the provisions of section 45 of Banking Regulation Act, 1949. In the year 2008, the name of the bank was changed from IDBI Ltd to IDBI Bank Ltd, and a fresh certificate of incorporation was issued.