The Industrial Development Bank of India (IDBI) was established in 1964 by the government of India under an act of the Indian Parliament called the IDBI Act. However, on 1st October 2004, erstwhile IDBI converted into a banking company to underake the entire gamut of banking activities while simultaneously continuing to play its orginal role. Subsequently IDBI was renamed as IDBI Bank ltd.
IDBI Bank today is an 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 International Financial Centre (DIFC).