Trichy or Tiruchirappalli is a tier II city in the South Indian state of Tamil Nadu. It is the fourth largest city in the state and also the headquarter of Tiruchirappalli District. It is divided into 60 wards for its current administration with a wide and diverse population of more than 9 lakh. Trichy is located at the geographic center of Tamil Nadu and in the vicinity of River Cauverys delta region. The city has a rich religious history and is an ancient region with a lot of cultural significance. Tiruchirappalli is a major hub for engineering equipment manufacturing and fabrication. The economy of the city is driven by trade and small-scale industries in textile manufacturing. The densely populated city of Trichy is encompassed by agricultural fields where finger millets, paddy and maize are cultivated. The city is also known for its tanneries, oil presses and cigar-manufacturing units. Trichy is a celebrated center for education. The city boasts of its 45 arts and science colleges, 40 polytechnic colleges apart from institutes of great repute such as NIT Trichy, IIIT Trichy, Anbil Dharmalingam Agricultural College and Research Institute, Anna University Tiruchirappalli, etc. Major tourist spots in the city include Sri Ranganathaswamy Temple, Rock Fort Temple, Jambukeswarar Temple, St. Lourdes Church, Kallanai Dam, etc. Trichy is considered to be the third cleanest city in India preceded by Chandigarh and Mysore.
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.