The city of Jammu in the Jammu Division of the Indian state of Jammu and Kashmir is the winter capital of the state. All the administrative offices of Jammu & Kashmir move from Srinagar to Jammu from November to April. Jammu is the main cultural and economic center of the administrative division of Jammu. The city dwells on the banks of River Tawi, with five bridges on the river. Jammu city is surrounded by the Shivalik range and the Trikuta Range. It experiences a humid subtropical climate with extremely torrid summer reaching 46 ?C, and freezing winters, occasionally falling below 4 ?C. Tourism is the largest industry in Jammu. The city serves as a focal point for the pilgrims visiting Vaishno Devi. All the major tourist attractions in Kashmir such as Poonch, Doda and Laddakh are reached via Jammu city. Hence, the city bustles with tourists from all the parts of India throughout the year. Various places of tourist interest in and around Jammu include old historic relics like Mubarak Mandi, Rani Park, Amar Mahal, Purani Mandi, Bahu Fort, Ranbireshwar Temple, Karbala, Raghunath Temple, Peer Meetha, Old city, etc. The economy of the city is also supported by its number of woodgrain mills and rice mills which cater to the local population. There is an industrial estate located at Bari Brahamna which has Industrial units manufacturing products like carpets, electronic goods, electric goods, etc. This area also has a freight rail link which aids in carrying the manufactured goods to other parts the country.
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.