IDBI definition
Examples of IDBI in a sentence
IDBI Bank warrants that it is the owner or legal custodian of the items and has full authority regarding the items in accordance with the terms of the Agreement.
Additionally, the creditors of JBF Petro, through their security trustee, have invoked the pledge created in favour of such security trustee, on over 51% of the equity shares of JBF Petro and accordingly, these shares have been transferred to the dematerialised securities account of the security trustee i.e. IDBI Trusteeship Services Ltd.
The Card Member further acknowledges that the insurance benefits so provided will be available to the Card Member only so long as the Card Member is and remains a Card Member of IDBI Bank with his Card Account being good and regular and no event of default has occurred.
However, all cash transactions and drafts will attract a service charge at the prevailing rate from the date of transaction until the payment for the same is received by IDBI Bank.
IDBI Bank shall not be obliged to disclose to the Card Member the name of the bank or financial entity, from where it received or to which it disclosed information.
And the termination of Add-on Card with IDBI Bank for whatever reason shall not terminate the Card or the Card Member's agreement with IDBI Bank.
Subject to the provisions stated herein and as specified by IDBI Bank from time to time, the Card Member will not hold IDBI Bank liable in case of any improper/ fraudulent/unauthorized/ duplicate/ erroneous use of the Card and/or the PIN.
In the event the Card Member does not wish to be bound by these Terms and Conditions, the Card Member shall deface the Card by cutting off the top right hand corner of the Card, ensuring that both the hologram and magnetic stripe have been cut and return both halves to IDBI Bank and Clause V hereof shall hence forth be operative.
It is agreed that under no circumstances and / or at no point of time any Company Staff shall be or construed to be the employees of IDBI Bank.
Received a sum of Rs. 1,29,09,552 (Rupees One Crore Twenty Nine Lakhs Nine Thousand Five Hundred and Fifty Two Only) as refundable interest free security deposit paid vide cheque / Demand draft bearing no ____ Dated __________________ Drawn IDBI bank.