Examples of IDBI Bank in a sentence
The Successful Bidder, however, agrees it shall be bound to amend the Contract, if so required by IDBI Bank, for giving effect to any amendment, modification etc.
The scheduled banks approved by IPR are Axis Bank, HDFC Bank, ICICI Bank and IDBI Bank.
The Bidder’s name, Bid modifications or withdrawals and the presence or absence of requisite EMD and such other details as IDBI Bank at its sole discretion may consider appropriate, will be announced at the opening of bids.
Any decision in this regard by IDBI Bank shall be final, conclusive and binding on the Bidder.
In the event of the specified date of Bid opening being declared a holiday for IDBI Bank, the Bids shall be opened at the appointed time and location on the next working day or any other day, if so declared by IDBI Bank and informed by e-mail or fax or letter or communication posted on the website of IDBI Bank.
However payment of any such amount by way of Bank Guarantee, if so permitted as per bid documents/ RFP should be from any nationalized Bank other than IDBI Bank Ltd and promising payment of the guaranteed sum to the PRINCIPAL on demand within three working days without any demur whatsoever and without seeking any reasons whatsoever.
These banks are: Axis Bank Ltd., Citibank N.A., Deutsche Bank AG, HDFC Bank Limited, The Hongkong and Shanghai Banking Corporation, ICICI Bank Limited, IDBI Bank Limited, Kotak Mahindra Bank Ltd., Standard Chartered Bank and YES Bank Limited.
The Contract cannot be transferred or assigned by the Successful Bidder(s) without the prior written approval of IDBI Bank.
Any decision of IDBI Bank in this regard shall be final, conclusive and binding on the Bidder.
The Bidders shall not claim as a right for requiring IDBI Bank to do the aforesaid.