IDBI Bank Limited

IDBI Bank Limited engages in providing a range of banking and ¬financial services including retail banking, wholesale banking, and treasury operations. It operates through three segments: Treasury, Retail Banking, and Corporate/Wholesale Banking. The treasury segments include operations include all investments, money market operations, derivative trading, and foreign exchange operations. Its retail banking segments includes credit, deposit activities that are primarily oriented towards individuals & small business including encompasses payment and alternate channels like ATMs, POS machines, internet Banking, mobile Banking, credit cards, debit cards, travel/currency cards, and transaction banking services. The corporate/wholesale banking segments includes corporate relationship covering deposit & credit activities other than retail, covers corporate advisory/syndication, and project appraisal. The company also offers savings, current, and salary accounts, as well as fixed deposits; home, auto, education, and personal loans, as well as loans against properties and securities; debit, credit, and prepaid cards; mobile and Internet banking; and investment advisory and capital market services. The company was formerly known as IDBI Ltd. and changed its name to IDBI Bank Limited in May 2008. IDBI Bank Limited was founded in 1964 and is headquartered in Mumbai, India.