Dhule is one of the major cities in the Indian state of Maharashtra. Situated on the banks of Panzara River, Dhule lies in the verdurous valley of the Tapti River. It is a municipal corporation in Dhule District situated in the Khandesh region of Maharashtra. Sir Mokshagundam Visvesvaraya had planned this city. There is a famous temple of Devi Ekveera on the banks of the Panzara River, who is regarded as a Gramadevata of the city. The city experiences dry weather except for the rainy days of the monsoon. Dhule is considered to be one of the upcoming hubs of the power loom, textile and edible oil. Since it is situated at the junction of three major National Highways (NH-3, NH-6, and NH-211), it is considered to have a strategic advantage for trade. The Ministry of Electronics and IT is set to open a BPO at Dhule. The city boasts of its educational heritage which a large number of educational institutes like the SES College of Engineering, WKDSPMs Dr. Babasaheb Ambedkar Memorial College of Law, Mukesh Patel Technology Park - Narsee Monjee Institute of Management Studies, 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.