IDBI Bank IFSC Code and MICR Code

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About IDBI Bank

The Industrial Development Bank of India - more commonly referred to as IDBI Bank - was founded by the Indian government in 1964. The purpose of the organisation is to provide credit and general financial services exclusively for the development and enhancement of the Indian industry. The Central Government of India continues to control the bank, holding approximately 77% of its shares. At the most recent count, IDBI Bank operated just under 2,000 branches across India - plus one overseas office in Dubai - along with more than 3,800 ATMs and a number of representative offices. A few examples of the services provided by IDBI Bank for private and business customers alike include finance, insurance, corporate banking, investment banking, consumer banking and mortgage loans, wealth management, agriculture loan services, private equity, private banking and many more besides.