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IDBI Bank Ltd. (India)

Main Activities: Commercial Banking
Full name: IDBI Bank Ltd. Profile Updated: October 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

IDBI Bank Ltd., located in Mumbai, is a full-service universal bank that has been operating since 1964. It was previously known as the Industrial Development Bank of India, which was a Development Financial Institution (DFI) from 1964 to 2004. In 2004, it was converted into a banking company and renamed IDBI Ltd. Over time, IDBI Ltd. merged with its subsidiaries and changed its name to IDBI Bank Ltd. IDBI Bank Ltd. offers a wide range of banking products and services to customers from all segments. It also has a presence in associated financial sector businesses such as capital market, investment banking, and mutual fund business. The bank is committed to understanding its customers' needs and providing relevant financial solutions, as well as ensuring maximum customer convenience through easy access to branches, ATMs, and digital offerings. Its goal is to become the most preferred and trusted bank, enhancing value for all stakeholders.

Legal Address
IDBI Tower, WTC Complex, Cuffe Parade
Mumbai; Maharashtra; Postal Code: 400005

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Website: http://www.idbibank.in

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2004
Key Executives
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Chairman
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Chief Executive Director and Managing Director
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Director
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Deputy Managing Director
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Government Nominee Director
Ownership Details
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89.59%
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7.73%
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1.42%
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0.91%
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0.29%
Subsidiaries
IDBI Gilts Ltd.
100%
IDBI Home Finance Ltd.
100%
Idbi Capital Markets & Securities Limited
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net interest income
24.07%
Operating profit (EBIT)
56.32%
Net Profit (Loss) for the Period
56.99%
Total assets
9.89%
Total equity
10.26%
Loans to Deposits Ratio
3.28%
Loans to Asset Ratio
2.38%

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