IDBI Bank – Industrial Development Bank of India Bank
IDBI Bank works in 3 segments – wholesale banking, retail banking and treasury services. Headquartered in Mumbai, IDBI Bank today rides on the back of a robust business strategy and is one of India’s largest commercial Banks.
Apart from core banking services IDBI Bank also deals in other financial services including Bond Trading, Equity Broking and Depository Services. The bank was established as a subsidiary of Reserve Bank of India. In February 1976, the ownership of IDBI was transferred to Government of India.