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What is Idbi Bank Aundh?
Founded in the year 1964, The Industrial Development Bank of India
commonly referred to as 'IDBI Bank', is an Indian publicly held banking and financial services company. It was formed by the government of India under an Act
of Parliament. The company has grown to become one of the world's largest development banks. As of 2013, Idbi Bank
generated total revenues of US$4.6 billion.
Domestic and International Presence
IDBI Bank operates more than 1513 branches, 1013 centers and 2713 ATMs across it operations. One of the IDBI branch is situated in Aundh, Pune, India. In addition to India, the company has also offices in Dubai and Singapore. It has headquarters in IDBI Tower, Colaba, Mumbai, India.
Services and Business Segments
The banking and financial services are offered by the IDBI Bank include current accounts, credit cards, savings accounts, insurance, investments, mortgages, wealth management, educational loan and agriculture loan. It also provides online banking services through its official : www.idbibank.com. The company has divided its operations into Three
business segments such as Treasury Services, Wholesale Banking and Retail Banking. IDBI Bank operates its operations by the efforts of around 15,465 employees.
IDBI Bank has six major subsidiaries namely- IDBI Federal Life Insurance, IDBI Capital Market Services Limited, IDBI Asset Management Limited, IDBI Trusteeship Services Ltd, IDBI Intech Ltd and IDBI MF Trustee Company Limited.