at the very Core of it all … is Content!
Mangalore, December 8, 2016: ‘The Swim of the Century’ supported by IDBI Bank has set the Guinness World Record for the longest open-water relay swim by successfully completing the 1000 km expedition in the Arabian Sea from Gateway of India, Mumbai to Tannirbhavi Beach, Mangaluru via Goa. Sea Hawks, led by Wing Commander Paramvir Singh, …
Pays tribute on the 8th anniversary of 26/ 11 Mumbai terror attacks Mumbai, November 26, 2016: IDBI Bank paid homage to the martyrs and victims of the 26/11 Mumbai terror attacks by supporting ‘Tribute Swim’, a 1000kms open water swim expedition undertaken by the ‘Sea Hawks’ attempting to set a new World Record. The …
Highlights of Q2 FY 17 (Sept 30,2016) financial results vis-à-vis Q2 FY 16 (Sept 30, 2015) Business up 9.10% to `4,84,337 Crore (from `4,43,943 Crore) Deposits increased by 11.03% to `2,65,679 Crore (from `2,39,282 Crore) Advances up by 6.84% to `2,18,658 Crore (from `2,04,661 Crore) CASA increased by 27.08% to `73,561 Crore (from `57,887 Crore) …
Mumbai, July 28, 2016: IDBI Bank reduces its Base Rate from 9.75% p.a. to 9.65% p.a. The Benchmark Prime Lending Rate (BPLR) is also reduced from 14.25% p.a. to 14.15% p.a. The revision in the rates shall be effective from August 01, 2016. The Bank has recently reduced its Marginal Cost of Funds based Lending …
Mumbai, July 05, 2016: IDBI Bank reduces Marginal Cost of Funds based Lending Rates ( MCLR ) as under : Tenor MCLR ( in % ) Overnight 8.60 One Month 9.00 Three Month 9.15 Six Month 9.25 One Year 9.30 Two Year 9.55 Three Year 9.70 The above revised rates are applicable w.e.f. …
Revision in Interest Rates on Retail Term Deposit w.e.f. June 13, 2016 Maturity Slab Interest Rate (% p.a.) Sr. Citizen Interest Rate (%p.a.) 15-30 days 4.50 4.50 31-45 days 5.25 5.25 46- 60 days 6.25 6.25 61-90 days 6.50 6.50 91-6 months 7.00 7.00 6 months 1 day to 270 days 7.25 7.25 …
Mumbai, May 25, 2016: MD & CEO of IDBI Bank Ltd., Shri. Kishor Kharat visited Shri Kshethra Dharmasthala Rural Development Project (SKDRDP), Dharmasthala, Dakshina Kannada, Bank’s largest Business Correspondent, on May 16, 2016 to witness the field operation. Under the arrangement, IDBI Bank has assisted around 53000 SHGs consisting of 7.50 lakh members from poorest sections …
May 06, 2016: IDBI Bank becomes the first public sector bank to open its IFSC Banking Unit (IBU) at India’s first and only International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT). IDBI Bank is the youngest, new generation, public sector universal bank with its operations driven by a cutting edge core banking …
Mumbai, April 01, 2016: IDBI Bank announces Marginal Cost of Funds based Lending Rates (MCLR) as under: Tenor MCLR ( in % ) Overnight 8.85 One Month 9.25 Three Months 9.35 Six Months 9.40 One Year 9.45 Two Years 9.75 Three Years 9.90 Interest rate on all rupee loans sanctioned and credit limits renewed w.e.f. …
Mumbai, March 28, 2016: All Banking services viz. front-office services, back-office operations including cheque clearing, Remittances, RTGS/NEFT, Transaction Banking services, Treasury operations have been functioning normally.