August 16, 2026 04:43 am (IST)
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IDBI Bank inaugurates zonal office in Chandigarh
Chandigarh, Nov 28 (IBNS): IDBI Bank's Zonal Office at Chandigarh was inaugurated on Friday at Chandigarh by its Chairman and Managing Director M.S. Raghavan.
The new Zonal Office is a step towards empowering the Bank’s regional network and encouraging business opportunities in the region.
The newly opened Zonal Office is in tune with the Bank’s strategy to provide further autonomy to understand the local needs and extend financial assistance to the region. In addition to this, the zonal centre will also play a vital role in helping the Bank achieve its goal of expanding its retail loan and MSME loan portfolio.
Speaking on the occasion, M.S. Raghavan, Chairman and Managing Director, IDBI Bank, said, “The establishment of our Zonal Office is in consonance with the Banks’ philosophy of decentralization of decision making to provide localized solutions and superior service to our esteemed customers. This Zone is part of one of the most economically developed regions of the country. The new Zonal set up will enable IDBI Bank to be a partner for all our clients to achieve their dreams.”
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