Warangal is an important city in the Indian state of Telangana, which is the second largest in the state right after the capital city Hyderabad. The city is dotted with monuments and flouts a rich religious as well as cultural history. Warangal serves as the headquarters of Warangal Urban as well as Rural Districts. The city is divided into 58 political wards where with ward represented by an area comparator. Warangal has seen a rapid growth and urbanization in the recent years. Agriculture is the main economic activity. However, water crisis prevails and farming relies on irrigation depending mainly on the monsoons. Paddy, cotton, mango and wheat are some of the crops grown extensively in this area. Warangal has notable educational institutions such as the Kakatiya University, the Kakatiya Medical College and NIT Warangal. There are lots of attractions in and around Warangal for casual tourists as well as for students of history and culture. The Warangal Fort, Thousand Pillar Temple, Pakhal Lake, Kakatiya Rock garden, Kakatiya Musical Garden, Badhrakali Temple, etc are great places to visit in Warangal.
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.