IDBI Bank flourishing its branching network in Shanghai, Singapore
By Ankit Sharma
Dec 12, 2013
Print    Email    RSS   

On Wednesday, IDBI Bank's official stated that a new branch of the bank is going to open in Singapore. In Shanghai, the bank will also open a representative office. However the authorities are yet to take the final decision, as per IDBI Bank's Zonal Head and Chief General Manager, D.C. Jain.

In celebration of the Year which completes the Golden Jubilee of IDBI Bank, there are plans to target twice the amount from MSME and home loans disbursal portfolios, in a matter of two years, in Gujarat, they plan to target Rs.2, 000 crores each. In a further statement, it was said that there are expansion plans in the pipeline. As of now, the bank has 1900 ATMs in around 700 plus locations, they have 1700 branches across the country.

It was also stated that for the next two years, the focus of the bank in Gujarat will be on the MSME segment and consumer banking. There are also plans to open 12 branches in the State by March, 2014

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Carnival of Indian Personal Finance Blogs #5
Handle your credit card with care
Handle your credit card with Care
Credit profile and its effect on loan...
Understand Your Credit Card Statement

i forgot my pin number
How to change PIN number of my credit card
what is my credit card statement
i forgot my ATM pin number i could i get it again
how to improve my CIBIL score???

91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive