IDBI Bank Ltd - Company Profile
Powered by 
All the sales intelligence you need on IDBI Bank Ltd in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how IDBI Bank Ltd fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with IDBI Bank Ltd.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
IDBI Bank Ltd (IDBI Bank) is a banking company engaged in providing a range of banking and financial services, including retail banking, wholesale banking, and treasury operations. The bank offers a variety of deposit products and financial services tailored to meet the needs of individuals and non-individuals, such as corporates and government institutions. IDBI Bank serves a diverse clientele across industries, including pharmaceuticals, power generation, and non-banking financial companies, among others. The bank's corporate banking segment includes services like term loans, working capital, and trade finance products. IDBI Bank operates through a network of banking outlets, ATMs, and e-lounges across India. The bank's geographic presence includes an offshore banking unit at the International Financial Service Center in GIFT City, India. IDBI Bank is headquartered in Mumbai, Maharashtra, India.
IDBI Bank Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Preferred Banking | IDBI Bank |
| Savings | Agri Banking | |
| Current | Capital Markets | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In March, the bank entered into a lease agreement with the Andhra Pradesh Capital Region Development Authority to set up a new office in Amaravati, Andhra Pradesh, India. |
| 2026 | Corporate Changes/Expansions | In March, the bank opened a new branch in Tirurangadi, Kerala, India. |
| 2026 | New Products/Services | In February, the bank introduced its Aarogya Fixed Deposit scheme, a first-of-its-kind fixed deposit product. |
Competitor Comparison
| Key Parameters | IDBI Bank Ltd | Indian Bank | IndusInd Bank Ltd | Central Bank of India | Indian Overseas Bank |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Chennai | Mumbai | Mumbai | Chennai |
| State/Province | Maharashtra | Tamil Nadu | Maharashtra | Maharashtra | Tamil Nadu |
| No. of Employees | 19,731 | 40,161 | 44,974 | 33,081 | 20,966 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rakesh Sharma | Managing Director; Director; Chief Executive Officer | Executive Board | 2018 | 64 |
| Jayakumar Subramonia Pillai | Deputy Managing Director; Director | Executive Board | 2023 | - |
| Smita Harish Kuber | Chief Financial Officer; Executive Director | Senior Management | 2023 | - |
| Sumit Phakka | Deputy Managing Director; Director | Executive Board | 2024 | - |
| Murukesh Kumar E.P | Director | Executive Board | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer