IDBI Bank Ltd. is a full-service universal bank serving all customer segments. It has a rich legacy from its predecessor, the Industrial Development Bank of India (IDBI), which was an apex Development Financial Institution (DFI) from July 1, 1964, to September 30, 2004. On October 1, 2004, IDBI transformed into a banking company, IDBI Ltd., to undertake all banking activities. The bank has since merged its subsidiaries and changed its name to IDBI Bank Ltd. to reflect its expanded business functions. As a universal bank, IDBI Bank touches the lives of millions of Indians through a wide array of banking products and services, including capital market, investment banking, and mutual fund businesses. Its business philosophy is characterized by providing relevant financial solutions, ensuring customer convenience through branches and digital offerings, and delivering excellence in customer service. The bank is committed to becoming the 'most preferred and trusted bank enhancing value for all stakeholders'.
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