Company description

IDBI Bank (Industrial Development Bank of India) was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry. It is owned by the Government of India. It is one among the public sector banks in India and is a nationalized bank to be treated on par with State Bank of India (SBI) and by the finance ministry. Insurance Corporation of India (LIC) has got a technical go-ahead from Insurance Regulatory and Development Authority of India (IRDAI) to increase stake in IDBI Bank upto 51%

Company details

IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai 400005

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • March 27, 2017

    MEP Infrastructure-San Jose JV close financing for road project in India

    MEP Infrastructure Developers Limited has announced the financial closure of the Talaja-Mahuya Section PPP project.

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  • June 23, 2016

    IRB Infrastructure closes financing for road PPP

    As we reported in September 2015, IRB Infrastructure was awarded by National Highways Authority of India (NHAI) with the contract for the development of the PPP road project. The cont...

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  • November 05, 2015

    Idb supports Aegea Saneamento e participacoes to invest in concessions

    The Inter-American Development Bank (IDB) has approved a corporate loan to finance Aegea Saneamento e Participações S.A.'s (Aegea) investments in Brazil.

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  • August 10, 2015

    IRB Infrastructure closes $219M project financing for road PPP project in India

    IRB Infrastructure has closed financing for the four laning of the Kaithal - Rajasthan border section of National Highway-152/65 PPP project in the state of Haryana, north India.

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