Who is the owner of IDBI Bank | wiki
About the owner of Industrial Development Bank of India (IDBI)
Government of India is the owner of IDBI bank.
About The IDBI Bank Limited Wiki
|Company Name||Industrial Development Bank of India (IDBI)|
|Founder / Owner||Indian Government|
|Founded||1 July 1964|
|CEO||Mahesh Kumar Jain|
|Head Office||Mumbai, India|
|Address||IDBI Tower, WTC Complex, Cuffe Parade, Colaba,Mumbai 400005.|
Details of the owner of IDBI Bnak (Industrial Development Bank of India)(Wiki)
- Mr. Mahesh Kumar Jain – (Managing Director & CEO)
- Mr. K P Nair – (Deputy Managing Director)
- Mr. G M Yadwadkar – (Deputy Managing Director)
Details of the Company
Industrial Development Bank of India (IDBI), embodied under Industrial Development Bank of India Act, 1964 as a Development Financial Institution. Later, came into existence as on July 01, 1964. By the same token, IDBI was regarded as a Public Financial Institution in terms of the provisions of Section 4A under the Companies Act, 1956. In addition, it continued to serve as a DFI for 40 years till the year 2004. Eventually, transformed into a Bank.
Presently, It has 3,817 ATMs, 1,995 branches, including one overseas branch in Dubai, and 1,382 centers.
In 2006, IDBI Bank acquired United Western Bank (headquartered at Satara) in a recovery fashion. Eventually, IDBI Bank more than doubled the number of its branches from 195 to 425.
IDBI Bank Ltd contracted a loan bond for USD 340 million with KfW, Germany over its Branch in Dubai(DIFC),. In general, the loan has a maturity of 10 years and carries a vying rate of interest.
IDBI Bank India Limited customer care
- (+91-22) 6693 7000