Bhubaneswar: IDBI CMD M S Raghavan on Monday inaugurates zonal office of bank in Bhubaneaswar. The bank CMD today opened a zonal office in the city, aimed at empowering its 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 centres will also play a vital role in helping the bank achieve its goal of expanding its retail loan and MSME (micro, small & medium enterprises) loan portfolio in the state.
He said presently, we have a marginal presence in Odisha with just 44 branches. We would open 19 new branches in the state in this fiscal