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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.
IDBI Bank Ltd., as a full provider general bank, provides a wide gamut of financial services and products encompassing deposits, loans, charge offerings and investment answers. We are committed to information our customers’ wishes and aim at constantly delivering relevant monetary solutions and first rate customer service.
Understanding nowadays’s speedy – paced and digital world, we provide an modern range of virtual offerings that supplement our pan-India community of branches and ATMs. Customers also can attain out to us through our 24×7 client care facilities. We attempt to provide our customers with the best viable mixture of protection, comfort and innovation in all of our economic products and services.
The vision ‘to be the most preferred and trusted financial institution enhancing price for all stakeholders’ defines and shapes our day-to-day business, supporting us to construct lengthy-lasting relationships.
IDBI Bank Ltd. Is a Universal Bank with its operations driven through a slicing side center Banking IT platform. The Bank gives personalised banking and monetary solutions to its clients through its large community of Branches, ATMs spread throughout duration and breadth of India.
Our enjoy of financial markets enables us to undertake suitable techniques to mitigate the complete variety of risks, effectively deal with challenges and capitalize at the rising opportunities with the aid of participating correctly in our country’s growth technique. We also are inside the system of putting in place foreign places branches and consultant workplaces for encashing rising worldwide opportunities.
It is our constant endeavour to offer you with the nice of our offerings, in case you face any trouble, please get in contact with our Customer Service Manager or Branch Head on the Business Unit / Branch, in which you’re keeping the relationship and they shall be happy to assist you.
IDBI Bank is a pioneer Institution in Nation constructing. To cater to its ever-increasing desires, IDBI Bank has formed subsidiaries & joint ventures throughout various regions of Banking & Financial System.
ICMS, a wholly owned subsidiary of IDBI Bank, began as a Broking and Distribution organisation in 1993. Currently its corporations consist of Merchant Banking, Stock Broking, Distribution of Financial Products, Corporate Advisory Services, Debt Arranging & Undertaking, Portfolio Management of Pension / PF Funds & Research offerings.
Invest on line – Equities, MF & IPOs – www.Idbidirect.In
IIL become incorporated in March 2000, as a wholly owned subsidiary of IDBI Bank to undertake the IT related activities of the Bank. The fundamental commercial enterprise sports of the corporation are Information Technology Services, Information Security Practices, National Contact Center and Outbound Sales Team .
Website : www.Idbiintech.Com
IAML was integrated on January 25, 2010 and is a subsidiary of IDBI Bank Ltd. IAML is the funding manager of schemes launched via IDBI Mutual Fund (“The Fund”). The Fund gives a bouquet of merchandise in equity, debt and gold to in shape the numerous and ranging desires and danger profile of investors.
IMTCL, an entirely owned subsidiary of IDBI Bank, turned into included on January 25, 2010. The employer acts because the Trustee of IDBI Mutual Fund. As according to SEBI Mutual Fund Regulation 1996, the Trustees ensure that each one the sports of the Mutual Fund are finished within the regulatory body work.
ITSL became integrated on March eight, 2001 for wearing out trusteeship and different related business. Consequent to acquisition of extra 14.Ninety two% shares of ITSL on October 01, 2011, IDBI Bank’s shareholding in ITSL elevated from 39.Seventy eight% to 54.70% and it has have become a subsidiary of IDBI Bank. The corporation’s gift operations encompass, acting as trustees to securitization transactions, appearing as Bond/Debenture trustee, Security trusteeship assignments, Share pledge Trustee, Venture Capital Fund, Safe Keeping, Escrow Agency and different trusteeship services.
Website : www.Idbitrustee.Co.In
IDBI Federal is a Joint Venture Life Insurance Company of IDBI Bank Ltd., The Federal Bank Ltd. And Ageas Insurance International (Ageas). IDBI Federal started out operations in March 2008. IDBI Bank holds forty eight% equity stocks in IDBI Federal while Federal Bank Ltd. And Ageas keep 26% fairness shares every. The Company’s existence coverage commercial enterprise contains character existence and pension and group existence, inclusive of non-taking part, health and connected segments.
IDBI Federal has Bancassurance partnership with IDBI Bank and the Federal Bank and additionally distributes its merchandise through its own community. To further diversify its distribution base, it has installation an Alternate & Direct Distribution channel.