Industry: Banking
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. They 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.
As on March 31, 2010, the Bank had a network of 720 Branches and 1210 ATMs and plans to roll out another 300 branches during FY 2010-11. The bank’s total business, during Fy 2009-10, went up by 41.7 %. Its balance sheet was up by 35.5 %, while it earned a net profit is up by 20 %.
The bank’s vision is to be the trusted partner in progress, by leveraging quality human capital and setting global standards of excellence, to build the most valued financial conglomerate. Its experience of financial markets helps them to effectively cope with challenges and capitalize on the emerging opportunities by participating effectively in India’s growth process.
