IDBI Bank unveils opportunity for retail investors to invest in IIBs

IDBI Bank has launched an initiative of retailing Government’s Inflation Indexed Bonds (IIBs) through the newly revamped IDBI Samriddhi Portal on July 12, 2013. Mr. H R Khan, Deputy Governor, Reserve Bank of India formally launched this facility appreciating the efforts of the bank in taking such a path-breaking initiative to facilitate retail/mid-segment investors in G-Sec, particularly in the newly launched IIBs by leveraging user friendly technologies.

IDBI Bank is the youngest, new generation, public sector universal bank that rides on a cutting edge core banking Information Technology platform. This enables the bank to offer personalized banking and financial solutions to its clients through its 1,111 branches and 1821 ATMs.