At a special function held in Mumbai, Shri R. M. Malla, CMD, IDBI Bank, received the globally recognized BS 25999 Certificate from Shri Sandeep Das, Director-Strategy & Business Development, M/S Intertek India Pvt. Ltd., which is an international certification agency.
As a result, IDBI Bank became the first Public Sector Bank in India to receive BS 25999 Certification for its Business Continuity Management (BCM) process, for comprehensive coverage of major business & support functions. BCM involves protection of human lives and continuity of business in case of disasters.
The certification validates the robustness of BCM in IDBI Bank, in the event of disaster. It aptly demonstrates the Bank’s commitment towards enhancing customer satisfaction, quality of customer service delivery, improvement in organizational performance and regulatory compliance.
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 998 branches and 1590 ATMs. The Bank had an aggregate balance sheet size of Rs. 2,71,899 crore and total business of Rs 3,59,527 crore as on June 30, 2012. IDBI Bank's operations during the quarter ended June 30, 2012 resulted in a net profit of Rs.427 Crore. The Bank’s operations during the last full financial year (2011-12) had yielded a net profit of Rs. 2032 crore.