For Immediate Publication / Broadcast / Telecast

PR/1235

IDBI Bank organizes Exporters' Meet in Mumbai

Mumbai, January 2 8, 2014 : IDBI Bank , which boasts of a sizeable Trade Finance business portfolio, sponsored an Exporters' Meet in Mumbai jointly with the Federation of Indian Export Organisations (FIEO) on January 24, 2014.

Shri Melwyn Rego, Deputy Managing Director , Shri B . Ravindranath, and Shri S.K.V.Srinivasan, Executive Directors along with other senior officials of the Bank were present at the event and interacted with the exporters. The occasion provided a platform for small, medium and large exporters to interact with the senior officers of the Bank on
a one -to-one basis and share their expectations and concerns. The Bank plans to conduct similar meets across the country, going forward.
Speaking on the occasion , Shri Rego stated "IDBI Bank's initiative to engage with the exporting community has been driven by its objective of understanding and addressing the legitimate financial requirements and concerns of exporters through suitable fine- tuning of the Bank's trade finance products and services to facilitate a ramp up in the Bank's export credit business."

About IDBI Bank

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 1225 branches and 2130 ATMs. The Bank has an aggregate balance sheet size of
Rs.2,97,451 crore and total business of Rs.3,86,145 crore as on September 30, 2013. IDBI Bank's operations during the six month period ended September 30, 2013 resulted in a net profit of Rs.499 crore. IDBI Bank earned a net profit of Rs.1882 crore during the financial year ended March 31, 2013.

PHOTOGRAPH TAKEN ON THE OCCASION OF EXPORTERS MEET

Seen in the picture (Left to Right):

Shri S.K.V. Srinivasan and Shri B.Ravindranath, Executive Directors, IDBI Bank Ltd, Shri Melwyn Rego, Deputy Managing Director, IDBI Bank along with Mr S K Saraf, Ex Vice President, FIEO, Mr Amit Goyal, Vice President & Regional Chairman,FIEO and Mr Khalid Khan, Managing Committee Member,FIEO.

All representatives of Print, Wire and Electronic Media

Visit us: www.idbi.com

distributed by