IDBI Bank Launches ‘Project Nishchay’ for Turnaround

IDBI Bank has launched ‘Project Nishchay’ in partnership with the Boston Consulting Group (BCG) to accelerate its turnaround program and improve financial performance.

The project will be led by senior management at IDBI Bank along with BCG. BCG will assist the bank to identify areas for cost containment and revenue maximization leading to sustainable growth and profitability of the Bank.

Important Takeaways from Above News-

  • Managing Director and CEO of IDBI Bank is Mahesh Kumar Jain.
  • IDBI Bank Headquarters in Mumbai.

Source- The Economic Times

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