The city of Tiruppur is situated in the south Indian state of Tamil Nadu. It is the states fifth largest. Thiruppur lies on the banks of the River Noyyal and serves as the administrative headquarters of the Tiruppur district. The city is also familiar to many as the "Knit Wear Capital of India" or as "Textile City." Tiruppur was a major part of a trade route and was much coveted by various ruling dynasties in India during the medieval period. The city is a manufacturing hub for textiles, knitwear, bleaching and dyes. The economy of the city is flourishing on textiles. There are small industries manufacturing commodities for MNCs like Nike, Walmart, Adidas, Diesel, Tommy Hilfiger, etc. The educational necessities of students in Tiruppur are taken care of by renowned institutions like Tamil Nadu School Of Architecture, Alagappa University, Bharathiar University, A.S Educational Institute, Bharathiyar University, School Of Distance Education, etc. Tiruppur is an ancient city and hosts many monuments of cultural, religious as well as historical significance. A few areas of tourist interest in and around Tiruppur are Avinashi Temple, Thirumoorthy Dam, Tirupur Kumaran Memorial Statue, Amaravathi Crocodile Farm, Orathuppalayam Dam, Ayyan Kovil, etc.
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.