IDBI Bank Ltd

Overview

IDBI Bank Ltd. (IDBI Bank) is a provider commercial and wholesale banking services. It offers a range of personal, corporate, MSME, Agri, and non-resident Indian (NRI) banking services. Under Personal Banking, the bank provides accounts, lockers, deposits, loans, cards, online banking, and investment services. Through Corporate Banking IDBI Bank offers cash management, treasury, trade finance, foreign currency, syndication, and advisory solutions. MSME banking portfolio comprises financing, cards, and Mudra loans. Agri banking offerings include allied activities, indirect agriculture financing, and term loans. NRI banking consists of portfolio investment schemes, fund remittance, preferred banking, and rupee yield enhancer. The bank operates through a network of branch offices, ATMs, online portals, and advisers, and serves to individuals, corporates, NRIs and MSMEs across the country. IDBI Bank is headquartered in Mumbai, India.
Key Stats
Address
22nd Floor, Idbi Tower, Wtc Complex, Cuffe Parade, , Cuffe Parade, Mumbai, India
Headquarters

India

Contact

91 22 66553062

Website
www.idbi.com
No of Employees

17,319

Industry

Financial Services

Ticker Symbol & Exchange​

IDBI [NSE]

Revenue (2021)

$3,357 m

-2.7% (2021 vs 2020)
Net Income (2021)

$205 m

111.8% (2021 vs 2020)
Net Profit Margin

6 %

112.1% (2021 vs 2020)
Market Cap *

$6,405 m

EPS *

$1.4

  *Note: Ratios based on the share price as of 6-October-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters IDBI Bank LtdState Bank of IndiaICICI Bank LtdHDFC Bank Ltd
Key Information
Headquarters India India India India
Headquarter City Mumbai Mumbai Mumbai Mumbai
Headquarter State/Province - - - -
No. of Employees 17,319 245,652 97,488 123,473
Entity Type Public Public Public Public

Products & Services

IDBI Bank is a provider of banking and related financial services. Key products and services that are offered by the bank include the following:

Products
  • Accounts and Deposits:
  • Savings
  • Flexi-Current
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Lockers
  • Capital Markets
  • Investment Advisory
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
M R Kumar Chairman Executive Board 2019 - Mr. M R Kumar has been the Chairman of the bank since 2019. Prior to this, he served as the...
Rakesh Sharma Chief Executive Officer; Managing Director; Director Executive Board - - Mr. Rakesh Sharma is the Chief Executive Officer, Managing Director, and a Director of the bank. Prior to this, he...
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History

Year Event Description
2021 New Products/Services In January, the company launched video KYC account opening facility for savings bank accounts.
2021 Contracts/Agreements In June, the company's subsidiary IDBI Intech, and Lemon Advisors UK Ltd entered into a…
2021 Contracts/Agreements In October, the company entered into a co-lending agreement with UGRO to provide formal credit…
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Locations


IDBI Capital Market Services Ltd

Address

6th Floor, IDBI TOWER, World Trade Centre, Cuffe Parade, Mumbai
India

Telephone

91 22 22171700

Website

www.idbicapital.com
IDBI Intech Ltd.

Address

IDBI Building, Ground Floor, Plot No. 39-40-41, Sector -11, CBD Belapur, Navi Mumbai
India

Telephone

91 22 39148000

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target