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IDBI Bank
IB
Company Brands & Tech Giants Rank #95 in Company Brands & Tech Giants

IDBI Bank

Industrial Development Bank of India or IDBI is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India (LIC) and Government of India.

Verified Appreciation 42,181
Company Brands & Tech Giants Standing #95 Rank

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The Saga of IDBI Bank
Category
Company Brands & Tech Giants
Era / Tenure
Historic Legacy
Leaderboard Rank
#95 in Company Brands & Tech Giants
Verified Hearts
42,181 Hearts
ORIGINS & BACKGROUND

Profile & Early Foundations

Industrial Development Bank of India or IDBI is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India (LIC) and Government of India.

THE JOURNEY & BREAKTHROUGHS

Major Works & Significant Milestones

It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964, IDBI as a development finance institution, which provided financial services to industrial sector.

Key Milestone & Career Defining Moment
It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964, IDBI as a development finance institution, which provided financial services to industrial sector.
— Official Historical Record & Archive
SUCCESS & ENDURING LEGACY

Honours, Standing & Enduring Legacy

In 2005, the institution was merged with its subsidiary commercial division, IDBI Bank, and was categorised as "Other Public Sector Bank" category.

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