IDBI

IDBI Bank operates as a universal bank in India, providing a comprehensive range of banking services across retail, MSME, agricultural, and corporate sectors. Initially established as a development financial institution, it has transitioned into a universal bank engaged in monetary intermediation activities including commercial and savings banking, postal savings, and discount houses. The bank functions within the banking and financial services industries and is currently classified by the Reserve Bank of India as a Private Sector Bank for regulatory purposes. Ownership of the bank is jointly held by the Life Insurance Corporation of India and the Government of India.