The industrial city of Unnao in the Indian state of Uttar Pradesh functions as the headquarter of the Unnao district. It has three industrial suburbs around it. Unnao is a part of Central Ganges Plain and the region falls under the Kanpur-Lucknow Counter Magnet Area. A new satellite town of Unnao by the name of Trans Ganga City is being built to develop Unnao as a major infrastructural and industrial and hub. Unnao was earlier known for its dense forest cover until the 12th century when Godo Singh of the Rajput clan cleared the forest and established a settlement in the area called Sawai Godo. This town went into the hands of the rulers of the Kannauj. A governor was appointed to look after the place, but he was killed by a Bisen Rajput called Unwant Rai Singh. Thus the area passed on to the usurper Unwant Rai Singh, who built a fort and renamed the place as Unnao after himself. Unnao is known for its leather, chemical industries and mosquito nets. Tanning is the biggest contributor to Unnaos economy, followed by the dye and printing of mosquito nets. The city has many historical buildings and structures apart from beautiful lakes and scenic landscapes.
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.