IDBI Bank Ltd.
Description IDBI Bank Limited offers banking and financial services to retail and corporate clients primarily in India. Its deposit products include savings accounts, current accounts, retail term deposits, recurring deposits, corporate payroll accounts, preferred banking, and fixed deposit accounts; and loan portfolio comprises home, education, personal, reverse mortgage, and auto loans, as well as loans against property and securities. The company also offers various debit cards; and capital market products and services consisting of demat account, mutual funds, life and general insurance products, government/Reserve Bank of India bonds, IPO through application supported by blocked account process, investment advisory, merchant acquisition business, pension schemes, public provident fund, and government of India senior citizen saving schemes. In addition, it provides products and services for non-resident Indians; agriculture finance and finance to micro, small, and medium enterprises; and Internet, phone, and mobile banking services, as well as locker facilities, foreign currency products, and treasury and trusteeship services. Further, the company offers corporate banking products and services, such as project appraisal, debt syndication, advisory services, environmental services, secu and structured services, film financing scheme, carbon credit, cash management, trade finance, tax payments, and foreign currency products, as well as technology upgradation fund scheme (TUFS) for textile and jute industries. As of September 6, 2012, it had a network of 994 branches and 1589 automated teller machines. The company was formerly known as IDBI Ltd. and changed its name to IDBI Bank Limited in May 2008. IDBI Bank Limited was founded in 1964 and is headquartered in Mumbai, India. To view the detailed information, you need to SUBSCRIBE with us. |
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