April 18, 2024 08:07 (IST)
Follow us:
IDBI Bank launches 'IDBI Express' for branchless banking
New Delhi Jun 13 (IBNS): IDBI Bank has launched 'IDBI Express', a banking solution, enabling customers to bank at their chosen time and place beyond banking hours, without having to visit the Bank branch.
Minster of State for Finance Jayant Sinha launched the initiative in New Delhi.
‘IDBI Express’ assists customers to transact, transfer and use payment services.
The highlight of ‘IDBI Express’ is its ability to offer other services like Jan Suraksha Schemes, Aadhaar, RuPay based transactions, Mudra, Stand Up India, Startup India facilities besides utility services and much more.
Speaking on the occasion, Jayant Sinha said, “IDBI Bank’s innovative initiative to make banking accessible to the masses is aligned with the financial inclusion efforts emphasized by our Hon’ble Prime Minister. IDBI Bank’s revolutionary efforts for ensuring last mile reach through IDBI Express powered by technology is a very praiseworthy initiative.”
Speaking on the occasion, Kishor Kharat, MD & CEO, IDBI Bank said, “IDBI Bank is transforming today in various facets of banking. This landmark initiative of IDBI Bank is an endeavor to expand our footprint and bring banking to the masses with superior services, accessibility and convenience. ‘IDBI Express’ will act as an assisted touch point of the Bank by reaching out to the customers beyond the normal banking hours thereby enhancing the ease of banking.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Paytm starts migrating its users to PSP banks Thu, Apr 18 2024
Premier Energies Photovoltaic Ltd secures export order from Amara Raja Infra for Bangladesh project Wed, Apr 17 2024
Vodafone Idea raises Rs 5,400 cr from over 70 anchor investors Wed, Apr 17 2024
Centre notifies liberalised norms for FDI in space sector Wed, Apr 17 2024
Apple inks JV with CleanMax for 6 rooftop solar projects with 14.4 MW capacity in India Wed, Apr 17 2024
Home Loan Balance Transfer: Unlocking the Path to Savings Wed, Apr 17 2024
India eyes to become global nutrition hub Wed, Apr 17 2024
Stock market holiday: BSE, NSE to remain closed for Ram Navami today Wed, Apr 17 2024