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  #1  
January 18th, 2018, 01:48 PM
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Idbi psu

Is IDBI Bank a Public Sector Undertaking (PSU) ? Also provide me the information regarding the bank?
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  #2  
January 18th, 2018, 01:49 PM
Super Moderator
 
Join Date: Mar 2012
Re: Idbi psu

Yeah, IDBI Bank is a Public Sector Undertaking (PSU).

IDBI Bank was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.

It is currently has 3700 ATMs, 1995 branches, including one overseas branch at Dubai, and 1382 centers.

IDBI Bank was ranked #1197 in the Forbes Global 2000 in May 2013.

It received the 'Overall Best Bank' and 'Best Public Sector Bank' awards in the Dun & Bradstreet Banking Awards, 2011.

In 2011, it received Banking Technology awards for best use of Business Intelligence and the best Risk Management from Indian Banks Association.

Products and services-

Personal Banking

In the Personal Banking segment, IDBI offers the following products and services:

Preferred Banking
Loans
Savings Account
Cards
Flexi Current Account
24-Hour Banking
Corporate Payroll Account
Trusteeship through ITSL
Fixed Deposit and Lockers

Corporate Banking

In the Corporate Banking segment, IDBI offers the following products and services:

Fund based Assistance
Trade Finance
Non-Fund based Assistance
Government Business
Cash Management Services
Foreign Currency
Treasury

IDBI MSME Banking

In the MSME Banking segment, IDBI offers the following products and services:

MSME Finance
Vendor Finance Program
Restructuring/Rehabilitation Policy
Laghu Udhyami Credit Card
Finance to Medical Practitioners
Loans to Professionals and Self-Employed
Property Power (Loan against Property)
SME Smart Line of Credit
Loans to Small Road and Water Transport Operators
Funding under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) (Collateral Free Loans)
Sulabh Vyapar Business Solutions
General Credit Card Loan (GCC)

IDBI Agriculture Banking

In the Agriculture Banking segment, IDBI offers the following products and services:

Agriculture Finance (Short-Term Loans)
Allied Activities
Agriculture Finance (Term Loans)
Indirect Finance to Agriculture

IDBI NRI Banking

In the NRI Banking segment, IDBI offers the following products and services:

Accounts
Remitting Funds
Preferred Banking
Rupee Yield Enhancer

Contact-


Registered Office:

IDBI Bank Ltd.
IDBI Tower, WTC Complex,
Cuffe Parade, Colaba, Mumbai 400005.
Contact No : (+91-22) 6693 7000


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