Baharampur is located in the Murshidabad district of the Indian state of West Bengal. About 200 kilometers away from the state capital of Kolkata, Baharampur functions as the administrative headquarters of the district. Berhampore was captured by the British East India Company, soon after the Battle of Plassey in 1757, and it continued to be a British cantonment till 1870. Initially, most of the residents of Baharampur were government employees besides a few employed in agriculture and silk traders. Gradually, the importance of Baharampur increased and now it has become a business hub. Tourism contributes to the citys economy due to its historical importance. The major industries in this city are rice and oil-seed milling. Many home-crafts such as silk weaving, ivory carving and precious metal works are important industries in this city. The Murshidabad tassar silk of Baharampur is famous in Bengal. Khagra, a neighborhood in Bahrampur is notable for its manufacture of bell-metal, brass utensils, ivory crafts and wood carvings. There are many shopping destinations in this city which has developed enough to provide its 3 lakh residents with all modern amenities. The city is famous for the sweets manohara and chhanabora, the savory snacks called khaja. The places worth visiting in Baharampur are Nashipur Palace, Hajarduari palace, Kathgola Palace, Jafarganj Cemetery, etc.
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.