What is the full form of IDBI?

IDBI represents the Industrial Development Bank of India.

It is an Indian government-possessed monetary assistance organization, settled in Mumbai. It was once known as the Industrial Development Bank of India. It was set up in 1964 to give credit and other monetary offices for the improvement of the Indian business. As of now, it is one of the biggest business banks in India which offers customized banking and monetary arrangements. In terms of reach, it is the tenth biggest bank in the world. Its vision is to be an exceptionally liked and solid bank improving an incentive for all partners. As of October 9, 2017, Mr. Mahesh Kumar Jain is the MD and CEO of the bank. 
 
IDBI Bank doesn't work just in central financial administrations. Aside from this, It likewise manages other monetary administrations like Bond Trading, Equity Broking, and Depository Services. The Government of India took ownership in Feb 1976. 

IDBI Key Products:

• Favoured Banking:
  Royale Account, Preferred Account, PowerPlus Account. 
• Investment account:
  SuperSavings Account, SuperShakti (Women's) Account, Jubilee Plus (Senior Citizens) Account, and so on 
• Advances:
  Home Loan, Auto Loan, Personal Loan, Education Loan, and so on 
• Pradhanmantri Social Security Scheme 
• Cards: Credit Cards, Debit Cards, Prepaid Cards, and so on 
• Pay Apt-Mobile Wallet 
• 24 Hours Banking: Phone Banking, Mobile Banking, Internet Banking, Account Alerts, and so on 
• Jus Tab 
• Trusteeship through ITSL
• Sukanya Samridhi

Monetary Records and Employees:
On 31st March 2013, The bank recorded the matter of 25.64 crores INR per worker and net benefit of INR 12.17 lakhs per representative during the year 2012-2013. Starting on 31 March 2016, it had an accounting report size of Rs. 3,74,372 crore and an all-out business of Rs. 4,81,613 crore.