Dindigul is situated in the Indian state of Tamil Nadu. It was earlier known as Ti??ukkal. Dindigul is located amidst the Palani and Sirumalai Hills and has a large reserved forest area. This ancient settlement is believed to have been ruled by various dynasties like the Pandyas, the Cholas, the Pallavas, the Madurai Sultanate, the Vijayanagara Empire, the Dindigul Sultanates, the Madurai Nayak Dynasty as well as the British. Dindigul proudly houses a number of historical monuments and Rock Fort is the most prominent one among them. The hosts more than 2 lakh people who mainly speak in Tamil. Dindigul is well-connected to the rest of the city through roads and railway. Dindigul has several industrial units in safety lock making, textile spinning, leather tanneries, agricultural trading, administrative services, agricultural machinery, banking and educational services. Additionally, Dindigul has vast expanses of cultivation land. Agriculture is the chief occupation of its residents. The climatic condition of Dindigul is highly conducive for horticulture and agriculture. Hence, non-food crops such as coffee, flowers, tobacco, and eucalyptus are grown in this city. Wholesale trading of fruits such as orange, pineapple, sapota and guava are extensively done at Dindigul. Various temples, mosques and churches are found in the area with intriguing architectural styles from various ruling dynasties.
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.