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The IDBI Bank Limited (IDBI Bank or IDBI) is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India (LIC) and Government of India.
Company Profile. IDBI Bank Ltd., today, is operating as a full service universal bank that serves the customers from all segments. IDBI Bank Ltd. has inherited a rich legacy from its predecessor entity - Industrial Development Bank of India – which was an apex Development Financial Institution (DFI) in the realm of industry from July 1, 1964 ...
Industrial Development Bank of India (IDBI) established under Industrial Development Bank of India Act, 1964, is the principal financial institution for providing credit and other facilities for developing industries and assisting development institutions.
Oct 1, 2004 · IDBI Bank offers a wide range of products from savings and current bank account to loans for retail and msme customers or agri loans to farmers. Apply Now.
Nov 4, 2023 · IDBI Bank, with its full form being the Industrial Development Bank of India, stands as a prominent financial institution that has played a crucial role in the development of India’s economy.
Aug 21, 2024 · The Industrial Development Bank of India (IDBI) was established in 1964 as a subsidiary of the Reserve Bank of India. Its core objective was to support the post-independence establishment of crucial institutions such as NSDL, NSE, and SIDBI in India.
82.34 (49740) Company History - IDBI Bank. 1964. - The Company was Incorporated on 1st July, at Mumbai. The Bank was. established as a wholly owned subsidiary of the Reserve Bank of India.
May 26, 2021 · IDBI Bank has exited the PCA framework with its brand value intact. But it needs to restart its growth engine to succeed as a turnaround bank, and make money for primary investor LIC. By Salil...
Jun 12, 2024 · Retail Banking (through IDBI Bank): IDBI Bank, a subsidiary of IDBI, offers a range of retail banking services to individuals and small businesses. This includes savings accounts, current accounts, personal loans, home loans, credit cards, and other retail financial products and services.
IDBI Bank. IDBI Bank is an Indian government-owned financial service company, formerly known as Industrial Development Bank of India, headquartered in Mumbai, India. It was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.
