IDBI Bank launched a unique offering, the IDBI Magic Card. The card encompasses the features of a Debit Card with a credit limit and charges much less than a regular credit card. IDBI Bank is the first bank inIndiato launch such a novel product.
On the occasion of the International Youth Day, IDBI Bank launched IDBI Bank ‘Being Me’ account. A Savings Account with an International Debit Card, designed to financially empower the youth with unique benefits such as free unlimited usage of other banks ATM, no charge for non maintenance of Average Quarterly Balance, preferential rate on educational loans and many more such facilities.
On October 8, 2011 IDBI Bank is amongst the first PSU Banks in India to launch YouTube Brand Channel. The channel is presently showcasing IDBI Bank’s journey over the years, Media Interactions, Television Commercials etc.
IDBI Bank took a step towards the Green Initiative in Corporate Governance by going paperless and sending documents to shareholders through electronic mode. The Bank has sent documents like General Meeting Notices/other notices, Annual Report etc to shareholders in electronic form.
No doubt all public sector banks can follow their e.g. and can be a part of the billion dollar club as honesty and transparency is the mantra to grow big in life. We hope to become the best stock ideas provider in India by emulating the work culture of good companies.
