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Press background on IDBI Bank
Company profile
IDBI Bank Ltd. is a Universal Bank with its operations driven by a cutting edge core Banking IT platform. The Bank offers personalized banking and financial solutions to its clients in the retail and corporate banking arena through its large network of Branches and ATMs, spread across length and breadth of India. We have also set up an overseas branch at Dubai and have plans to open representative offices in various other parts of the Globe, for encashing emerging global opportunities. Our experience of financial markets will help us to effectively cope with challenges and capitalize on the emerging opportunities by participating effectively in our country’s growth process.
 Recent press releases
Shri M.S. Raghavan, CMD, IDBI Bank Inaugurated Wardhaman Nagar Branch, Nagpur

IDBI BANK’S 11th branch in the city of Nagpur at Wardhaman Nagar was inaugurated by Chairman and Managing Director, Shri M. S. Raghavan today.
Wardhaman Nagar, Nagpur is an upcoming residential cum commercial locality in the eastern fringe of the city. The newly opened branch is in tu... (more)
IDBI Bank Conferred Star Performance Award 2014

IDBI Bank has been conferred Star Performance Award 2014 in demat account opening under PSU-Bank Category by NSDL at its 29th DP Conference. The award was presented by Shri. G.V. Nageswara Rao, MD & CEO of NSDL. Shri Rajkumar Reddypalle (Head, Capital Markets & TPD) received the award on be... (more)
IDBI Bank, the 1st PSU Bank to Launch eIA Facility

IDBI Bank in association with NSDL Database Management Limited (NDML) has launched the ‘Electronic-Insurance Account (e-IA)’. e-IA is the portfolio of insurance policies of a policy holder held in electronic form with an insurance repository. Under this facility, customers can buy and k... (more)
IDBI Bank Strengthens its Network and Banking Services in Chhattisgarh

Taking forward its endeavor to deploy cutting edge technology to offer a wide array of advanced financial services and products to its customers, IDBI Bank today launched its first ‘e-lounge’ branch in Raipur. The e-lounge, which is self service lounge and located at Fafadih branch in R... (more)
IDBI Bank Inaugurates Zonal Office in Chandigarh

IDBI Bank’s Zonal Office at Chandigarh was inaugurated today at Chandigarh by its Chairman and Managing Director, Shri M.S. Raghavan. The new Zonal Office is a step towards empowering the Bank’s regional network and encouraging business opportunities in the region. The newly opened Zona... (more)
Rajbhasha Shield Award to IDBI Bank Ltd.

Reserve Bank of India organizes Rajbhasha Shield competition every year for promoting use of Hindi in Nationalized Banks and Financial Institutions. This year also RBI had organized the Award function at their Head Office in Mumbai on 13 November 2014. IDBI Bank Ltd has been awarded the third prize... (more)
23rd Aashirvad Rajbhasha Award Won by IDBI Bank

The 23rdAashirvad Rajbhasha Award Function of ‘Aashirvaad’, a literary-social-cultural organization, was held at Mumbai. Various Government Offices, Undertakings, Corporations and Nationalized Banks and their officers, who are performing well in Hindi were conferred awards. The function... (more)
IDBI Bank Contributes Rs. 5 crore to Ramakrishna Mission as Part of CSR Initiative

IDBI Bank, as part of its CSR initiative of promoting education among students from weaker sections of the society, has contributed Rs. 5 crore to Ramakrishna Mission towards creation of an endowment fund named “IDBI Bank Golden Jubilee Scholarship Fund”. Shri M.S. Raghavan, Chairman an... (more)
IDBI Bank Q2 FY15 and Half Yearly Results

Highlights of Q2 FY 15 (Sept 30,2014) Financial Results Vis-à-Vis Q2 FY 14 (Sept 30, 2013)
Business up 12.15% to Rs. 4,33,062 Crore (from Rs. 3,86,145 Crore)
Deposits increased by 17.50% to Rs. 2,38,006 Crore (from Rs. 2,02,559 Crore)
Advance... (more)
IDBI Bank Allies with the Indian Air Force for Channel Swimmathon as a Part of IAF’s 82nd Anniversary Celebration

Indian Air force channel swimming team ‘Delphinus’, successfully completed the extreme endurance Swimmathon, the longest open water swim in Asia. IDBI Bank was associated with the IAF Swimmathon as part of its initiative to promote and popularize the sport of open water swim in India. <... (more)