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Shri Kishor Kharat, MD & CEO, IDBI Bank, inaugurates

B ank's 100th Retail Branch in Gujarat at Prantij

Ahmedabad, September 21, 2015: 100th retail branch of IDBI Bank in Gujarat was inaugurated at Prantij near Ahmedabad today by Bank's MD & CEO, Shri Kishor Kharat. Shri K P Nair, ED, Smt. Padma Betai, CGM & Zonal Head and other senior executives of the Bank were present on the occasion.
Prantij is a small town in Sabarkantha district with a population of around 23,000. It is primarily engaged in agri-related activities mainly cultivation of vegetables, fruits, paddy, wheat etc. The newly opened semi- urban branch is expected to cater to banking needs such as KCC, micro- finance etc. of customers in that area through self help groups (SHGs) and joint liability groups (JLGs).
Addressing customers on the occasion, Shri Kharat said that "100 footprints across the state of Gujarat is testimony to our dedication to the socio-economic development and inclusive growth of the region. We see our branches as being the harbingers of positive economic influence in the lives of the underprivileged and those outside the formal financial system.
IDBI Bank is committed to providing banking services pan India. With the phenomenal rise in country's population and increasing demand for banking services, innovation and customer satisfaction have become key parameters to succeed in the Indian banking sector."

MD & CEO Shri Kishor Kharat, IDBI Bank, inaugurating Bank's 100th Retail Branch in Gujarat at Prantij

About the Bank

IDBI Bank is one of the youngest, new generation public sector universal Banks that rides on a cutting edge Core Banking platform with strong service orientation. This enables the Bank to offer personalized banking and financial solutions to its clients. IDBI Bank has one of the largest housing loan portfolios amongst PSBs and offers housing loans at base rate to its existing and new customers. The Bank offers very competitive rates to the MSME segment wherein it has different schemes for the specific customer segments. IDBI Bank also has a strong focus on agriculture sector and allied activities through its customized products, competitive pricing and

personalized services.

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सीआइएन/(CIN)L65190MH2004GOI148838

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