Who is the owner of IDBI Bank | wiki

What Is IDBI Bank
Industrial Development Bank of India (IDBI), an Indian largest nationalized Bank. Know more about the owner of IDBI and Company more information. IDBI, one of India’s largest commercial Banks. 

Sponsored1

  • About the owner of Industrial Development Bank of India (IDBI)

Owner of IDBI Limited
Industrial Development Bank of India (IDBI), incorporated in the year 1964 by an Act of Parliament. Owing to the sole purpose of offering credit and other financial facilities for the development of the amplifying Indian industry.Headquartered in Mumbai.

Government of India is the owner of IDBI bank.

Sponsored2

  • About The IDBI Bank Limited Wiki

Some Information About The Company / Company Wiki
Company NameIndustrial Development Bank of India (IDBI)
Official Website www.idbi.com
Founder / Owner  Indian Government 
Founded 1 July 1964
CEO Mahesh Kumar Jain
Status Active
Head OfficeMumbai, India
Address  IDBI Tower, WTC Complex, Cuffe Parade, Colaba,Mumbai 400005.
 Customer Care

Sponsored3

  • Company Logo

Company Official Logo
Owner of IDBI Bank India Logo -Wiki - profile

Owner of IDBI Bank India Logo -Wiki – profile

  • Details of the owner of IDBI Bnak (Industrial Development Bank of India)(Wiki)

Full Information about the owner of IDBI
In reality, The Indian central government, owner of IDBI bank. And its employees are called as Central Government staffs. In fact, it is one among the public sector banks in India and is a nationalized bank to be treated coequal with SBI and other nationalized banks in harmony with the notification dated 26th February 2013 by the finance ministry.

  • Mr. Mahesh Kumar Jain – (Managing Director & CEO)
  • Mr. K P Nair – (Deputy Managing Director)
  • Mr. G M Yadwadkar – (Deputy Managing Director)

Sponsored5

  • Details of the Company

Full Information about the owner of IDBI bank
IDBI Bank, basically a Universal Bank. Moreover, as a core banking and project finance domain, it has a conventional presence in associated financial sector businesses like investment Banking, Capital Market, and Mutual Fund Business.

Owner of IDBI Bank India -Wiki - profile

Owner of IDBI Bank India -Wiki – profile

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.

Owner of IDBI Bank India -Wiki - profile

Owner of IDBI Bank India -Wiki – – profile

Sponsored6

  • IDBI Bank India Limited customer care

Full List of contact customer care of IDBI India
  • 1800-22-1070
  • 800-22-6999
  • (+91-22) 6693 7000
  • 1800-22-8444
We will be happy to hear your thoughts

      Leave a reply

      This site uses Akismet to reduce spam. Learn how your comment data is processed.