IDBI Bank Ltd., a universal bank headquartered in Mumbai, is promoted by the Life Insurance Corporation of India (LIC) with present shareholding of 49.24% with the Government of India (GoI) as co-promoter with a shareholding of 45.48%. The Bank provides the entire gamut of financial and investment solutions through its 1,886 branches, 3,388ATMs and 58 e-lounges. The branch network of the Bank also includes one overseas branch in Dubai International Financial Centre (DIFC) and one International Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT), Gandhinagar. Tapping the ever-increasing digitalisation, the Bank has leveraged its state-of-the-art technology to offer innovative digital solutions to all its stakeholders, especially customers, to access routine banking/ financial transactions at their fingertips. The Bank providesa wide array of banking products and services such as savings account, current account, term deposits, home loan, auto loan, education loan, personal loan, Credit Cards, loan products for Agri and MSME clients, fund based and non-fund based assistance to corporates, treasury & capital market products, thus acting as a one-stop solution to the financial needs of wide range of customers, spanning Retail, Agriculture, MSMEs and Corporates. Collaborating with its subsidiaries and joint ventures across diverse areas of para-banking and financial system, the Bank also cross-sells various third-party products and services while being mindful of the risk profile and financial goals of its customers. The Bank has five subsidiaries, viz. (i) IDBI Capital Markets & Securities Ltd. (ICMS) – a Broking and Distribution company; (ii) IDBI Intech Ltd. (IIL) – an IT company; (iii) IDBI Asset Management Ltd. (IAML) – the investment manager of schemes launched by IDBI Mutual Fund; (iv) IDBI MF Trustee Company Ltd. (IMTCL) - the Trustee of IDBI Mutual Fund; and (v) IDBI Trusteeship Services Ltd. (ITSL) – a company to carry out trusteeship and other related business. The Bank also has a joint venture, viz. Ageas Federal Life Insurance Company, with Federal Bank Ltd. and Ageas Insurance International (Ageas) for carrying out life insurance business.