IDBI Bank (Hindi:आई.डी.बी.आई बैंक) is an Indian government-owned financial service company, formerly known as Industrial Development Bank of India, headquartered in Mumbai, India. It was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.Central government is the owner of this bank and employees will be called as Central Govt staffs. It is currently 10th largest development bank in the world in terms of reach, with 3700 ATMs, 1995 branches, including one overseas branch at Dubai, and 1382 centers. It is one of 21 commercial banks owned by the Government of India. The Bank has an aggregate balance sheet size of INR 3.74 trillion as on 31 March 2016.
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