The city of Bellary in the Indian state of Karnataka is also known as the corporation city. It has several other names such as Kuntala Desha, Sindavadi-Nadu and Nolambavadi-Nadu. It is a very well-known mining town. Various dynasties like the Chalukyas, the Vijanagara Empire, the Marathas, the Nizams, the Sultans, etc. have ruled over this city for years. Bellary is divided into 35 wards in order to ensure effective governance and administration, which is managed by elected representatives. The main source of the citys economy is from the industries like mining and agriculture. The city houses various industries like steel, textiles, garments and rice mills. Bellary attracts tourists in between October and December from India and abroad. The city is known for its majestic forts, serene hills, verdant parks, gardens and green spaces. Popular tourist spots in Bellary include the Bellari fort, The Ballari and Kumbara Rock Hills, Bellary Zoo, Kuntegadda Park, Kaategudda Park, Nagaruru Narayanarao Park, etc. The city has a multi-lingual community. While Kannada is the official language, Telugu is the most widely used language in this city. Moreover, Dakhini and Hindi are also spoken by many. There are several minority speakers of Gujarati, Rajasthani, Punjabi, Urdu, Tamil, Malayalam, Marathi, Marwari, Nepali, Odia, Bihari, and Manipuri.
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.