The city of Farrukhabad in the Indian state of Uttar Pradesh was earlier a princely state. The Ganga, the Ramganga and the Kali rivers are located near the city. The city has a population of around 3 lakh people. It is well connected through railways as there are five more railway stations, namely Fatehgarh Station, Kaimganj Station, Kamalganj Station, Yaqutganj Station, Harsinghpur Goba Station apart from the citys main railway station called Farrukhabad Junction. The city is on the route of the Ganga Expressway, which provides high-speed connectivity between Greater Noida in the west of the state and Ballia in the east. Farrukhabad also has a bus station that belongs to the State Road Transport System. An airstrip at Mohammadabad near Farrukhabad ensures that the city can be reached easily by small aircrafts and helicopters in case of an emergency or natural disaster.
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.