IDBI Bank (IDBI Bank), India's leading state-owned financial services company, is at the forefront of India's state-owned banks, formerly known as the Industrial Development Bank of India, established in 1964 and headquartered in Mumbai; it is ranked No. 1 in the 2014 Global Corporate 2000. IDBI Bank, formerly known as Industrial Development Bank of India, was established in 1964 and is headquartered in Mumbai; it is ranked 1290th in the Global Business 2000 in 2014.