Aligarh, a city in the North Indian state of Uttar Pradesh, was earlier known as Allygurh & Koil. The city is around 150 kilometers away from New Delhi. One of the largest cities in UP, Aligarh is well-known for the Aligarh Muslim University. The city is administered by its municipal corporation known as Nagar Nigam Aligarh. It is divided into five tehsils which are further divided into 12 blocks. The city is an agricultural trade center and the economy is fuelled by the processing and manufacturing of agricultural products. It is also a world-renowned business center for locks which are exported worldwide. The city is also known for its hardware and sculptures made of brass. There are innumerable manufacturers, exporters and suppliers in Aligarh who are involved in the brass, bronze, iron and aluminum industries. The Shekha Jheel Bird Sanctuary, the Aligarh fort, the Mangalayatan Temple and Aligarhs famous museums are places worth visiting in this city.
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.