3. ABOUT IDBI
• Industrial development bank of India, was
established in 1964 by act of parliament.
• Its headquarter is in Mumbai.
• It is India's 10th largest bank in the world in
terms of reach, with 3350 ATMs, 1853
branches, including one overseas branch at
Dubai, and 1382 centers.
• It is one of 27 commercial banks owned by
the Government of India.
4. SUBSIDIARIES
The following are the subsidiaries of IDBI.
• Small industries development bank of
India(SIDBI).
• IDBI bank Ltd.
• IDBI Capital Market Services Ltd.
• IDBI Assets Management Company.
5. ROLE OF IDBI
Co-ordinates the activities of other development
banks and terms financing institutions in the
capital market of the country.
• Direct assistance.
• Indirect assistance.
6. FUNCTIONS OF IDBI
• Grant Loans and Advances.
• Provide many Facilities.
• Underwriting and Direct Subscription.
• Keeping Value in Safe Custody.
7. PRODUCTS AND SERVICES.
• Suvidha Tax Saving Fixed Deposit.
• Jubliee Plus Account.
• Super Shakti Account.
• Flexi Current Account.
• Sabka Saving Account.
8. LOANS
• Home loans
• Educational loans
• Loans against property.
• Personal loans.
• Auto loans.
• Loans against securities.
• Reserve mortage loans.
12. CORPORATE BANKING
Services offered by IDBI bank for the
corporates:-
• Project finance.
• Infrastructure finance.
• Carbon credit business.
• Syndication, advisory and underwriting
services.
13. DIFFERENCE BETWEEN IDBI AND
OTHER BANKS
IDBI OTHER BANKS
IDBI work for the Improvement of
Backward Areas People.
But Other Banks only Focuses on Urban
Areas People
IDBI work for the Improvement of Small-
scale Industries.
Other Banks only Provide Loans and helps
to Big Businessmen and Reputed Persons
IDBI focuses on Research, Surveys and
Technologies for the Development of
Industries.
Other Banks mainly Focuses on Credit
Creations
14. Lastly, IDBI is different from Other Banks
because, Other Banks deals in Banking
Business but IDBI deals with the welfare of
Industries ans Development Purposes.