Mehsana is a municipality situated in the Mehsana district in the Indian state of Gujarat. The name of this city is also spelled Mahesana. Mehsana was founded by the Rajput heir of the Chavda dynasty by the name of Mehsaji Chavda. He had constructed the Torana or the arc gate of the city and had also built a temple dedicated to Goddess Toran in 1414. The city was a part of the Bombay state after the Indian independence. It got annexed into the state of Gujarat in 1960. The city houses around 2 lakh residents who speak in Gujarati, Marathi and Hindi. The city is famous for its local breed of Mehsani buffaloes. The Doodhsagar Dairy in Mehsana is the largest dairy in Asia. The city also houses one of the largest assets for the onshore production of oil and natural gas by ONGC. The agriculture, as well as the road-equipment based industries, are also doing quite well in Mehsana. The Ganpat University and the Gujarat Technological University are the reputed educational institutions in this city. The city has a spectacular stepwell at Boter Kotha ni Vav, built during the rule of Emperor Aurangzeb. Badiyashi Vav in Biladi Baug is another stepwell worth visiting. There are several Jain and Hindu temples in and around Mehsana that call for a visit.
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.