The holy city of Thanjavur is located in the Indian state of Tamil Nadu. It is an important hub of religion, art, and architecture in South India. It was earlier known as Tanjore and had once served as the capital of the Chola Empire. Most of the famous temples in and around Thanjavur are from the Chola dynasty and they have now been turned into UNESCO World Heritage Monuments. The most popular among these is the Brihadeeswara Temple. It is situated in the center of Thanjavur. Thanjavur is also known for its uniquely styled Tanjore paintings. The city is located near Cauvery Delta and known for the fertile soil. This important agricultural center and is known as the "Rice bowl of Tamil Nadu." Legend says that the word Thanjavur is obtained from "Tanjan," who was an asura (devil) in the Hindu mythology. Tanjan was killed by the Hindu God Neelamegha Perumal (Vishnu) in the region that is now Thanjavur. Hence, the city is named so. The economy of the city is primarily driven by agriculture. Crops that are grown in Thanjavur are blackgram, banana, coconut, red gram, green gram, gingelly, ragi, sugarcane and maize. The city is an important center of silk weaving in Tamil Nadu and its Thanjavur silk sarees are popular throughout the country. Tourism is a large contributor to the citys economy - Hindu devotees and tourists from all over the world visit the city to explore its plethora of amazing old temples.
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.