IDBI Bank's quarter ended December 31, 2009, net profit up by 29% to Rs.287 Crore
3) During the month of December 2009, IDBI Bank crossed the landmark of
700 branches. As on date, the Bank operates through a network of 702
branches and 1165 ATMs across the country.
4) IDBI Bank in November, 2009 launched its Corporate campaign in different
mediums of communication. The communication is aimed at strengthening
the strong brand benefit of a ‘dependable, long term and the right kind of
partnership’ with the theme “Some Relationships grow deeper with time"
and the tagline "Not just for the big boys".
5) IDBI Bank continued with its Homes exhibition – Homes 2009 this year too,
taking it to major cities across the country. These exhibitions provided a
home loan seeker a variety of options for acquiring property like 'book now
pay later', special interest rates and spot sanctions for loans etc. Major
players in the real estate business showcased their projects in these
exhibitions. These exhibitions underscore the Bank’s endeavour to provide
best-in-class products and services to all its clients.
6) IDBI Bank made its foray into the Auto Loans segment in July 2009 with a
very competitive product to facilitate prospective customers with vehicle
finance at attractive terms. In its endeavour to become a leading player in
the Auto Loans segment, the Bank signed MoUs with major Auto
Manufacturers in the country – viz. Toyota Kirloskar Motor Private Limited
(TKM), Tata Motors Limited (TML) and Maruti Suzuki India Limited (MSIL)
during the quarter.
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(This is a press release from IDBI Bank)
