at the very Core of it all … is Content!
IDBI Bank entered into an MoU with OLA (ANI Technologies Pvt. Ltd.), which was signed by Smt. Medha Joshi, CGM, IDBI Bank (L) and Shri Mitesh Shah, Head – Strategic Financial Initiatives, OLA (R). Under this arrangement, IDBI Bank will provide financial assistance to cab drivers/transport operators referred by OLA, for purchasing new commercial vehicles …
Mumbai, March 16, 2016: Shri Ninad Karpe, Director, IDBI Bank Ltd., inaugurated the nation’s first of its kind “G-Sec Investment Facility through ATM for Retail Investors” on March 15, 2016, at the IDBI Bank’s ATM at Corporate Centre, Mumbai. Shri Kishor Kharat, MD & CEO, Shri B. K. Batra, DMD, other Directors and senior officers …
Mumbai, 01 February 2016: IDBI Bank Ltd. received the ASSOCHAM Award 2015 for Financial Inclusion under Large Bank class and Government schemes category. The Award was handed over by Hon’ble Minister of state for Finance, Shri Jayant Sinha, at the 11th Annual Banking Summit cum Social Banking Excellence Awards 2015 of ASSOCHAM held at Mumbai …
Mumbai, 13 January 2016: IDBI Bank has been extending finance to Micro Enterprises, Minority Communities and Weaker Sections of the society in its endeavor to promote the spirit of entrepreneurship and support financial inclusion. As a sign of support, Shri Kishor Kharat, MD & CEO, inaugurated a Salon Shop financed by IDBI Bank’s Wagholi Branch, …
Mumbai, January 04, 2015: IDBI Bank has received Rs.2229 crore from the Government of India towards preferential allotment of equity shares of Rs.10/- each to GoI at a price of Rs.75.28 per share in terms of the approval accorded by the Shareholders at the EGM of the Bank held on November 4, 2015.
Mumbai, January 04, 2015: IDBI Bank has mobilised Rs.1900 crore through issue of Basel III compliant Tier 2 bonds through two separate issues on private placement basis to strengthen its capital adequacy. The first issue of Rs.1000 crore concluded on December 31, 2015 was for a tenor of 15 years with call option at …
Mumbai, 01 December, 2015: IDBI Bank, as per its internal Information Security Policy, is committed to provide safe & secure banking services to its customers. In order to further strengthen the commitment, the Bank has set up a state-of-the-art Security Operations Centre (SOC) at its Data Centre, Belapur, Navi Mumbai. On the Information Security Day …
Mumbai, November 26, 2015: IDBI Bank launched a USD 350 million 5 year Reg S Green Bond issue on November 23, 2015. The transaction received an overwhelming response and the issue was oversubscribed by 3 times. The issue was made under the USD 5 billion MTN Programme listed on the Singapore Stock Exchange. The transaction …
IDBI Bank celebrated its 52nd Foundation Day on October 01, 2015. Seen in picture is the Chief Guest, Shri Suresh Prabhakar Prabhu, Hon’ble Union Minister for Railways addressing the audience. Other dignitaries present on the dais are (L-R) Shri Kishor Kharat, MD & CEO, IDBI Bank, Shri R. Gandhi, Deputy Governor, RBI, Guest of Honour …
Mumbai, 30 September, 2015: IDBI Bank’s loans, linked to Base Rate will become cheaper following a 25 bps reduction in its Base Rate to 9.75% p.a. with effect from October 05, 2015. IDBI Bank has taken this pro-active step, keeping in view the recent policy measures announced by the RBI. The reduction in interest …