India · Delayed Price · Currency is INR IDBI Bank Company Description
IDBI Bank Limited provides banking and financial solutions to retail and corporate customers in India.
It operates through three segments: Corporate/Wholesale Banking, Retail Banking, and Treasury Operations.
The company offers savings, current, and salary accounts, as well as fixed deposits; home, auto, education, and personal loans, as well as loans against properties and securities; debit, credit, and prepaid cards; mobile and Internet banking; and investment advisory and capital market services.
It also provides fund and non-fund-based assistance; packing credit to exporters; receivable buyout with recourse; channel financing for dealers of corporates; scheme for financing automated teller machines/cash dispense vendors; technology upgrading fund scheme for textile and jute industries; and lending to non-banking finance companies/housing finance companies and commercial real estate sector.
In addition, the company offers bank guarantees, letters of credit, documentary collection, and bill discounting services; cash management, trade finance, and remittance services; and debt syndication and advisory services.
Further, it provides finance to micro, small, and medium enterprises; agriculture finance; products and services for non-resident Indians; treasury services, such as call money/ notice money / term money, commercial papers, certificate of deposit, government securities, treasury bills, corporate bonds, and equities; and foreign currency services comprising remittances, currency forward contracts, LTFX, FX-retail, currency options, swaps, FRA, currency exchange, and exchange traded derivative contracts.
The company was formerly known as IDBI Ltd. and changed its name to IDBI Bank Limited in May 2008. IDBI Bank Limited was founded in 1964 and is headquartered in Mumbai, India.
| Country | India |
| Founded | 1964 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 17,047 |
| CEO | Rakesh Sharma |
Contact Details
Address: IDBI Tower Mumbai, 400005 India | |
| Phone | 91 22 6655 3355 |
| Website | idbibank.in |
Stock Details
| Ticker Symbol | IDBI |
| Exchange | National Stock Exchange of India |
| Fiscal Year | April - March |
| Reporting Currency | INR |
| ISIN Number | INE008A01015 |
| SIC Code | 6020 |
Key Executives
| Name | Position |
|---|---|
| Rakesh Kumar Sharma | MD, Chief Executive Officer and Executive Director |
| Smita Harish Kuber | Executive Director and Chief Financial Officer |
| Jayakumar Subramonia Pillai | Deputy MD and Director |
| Sumit Phakka | Deputy MD and Director |
| Jyothi Biju Nair | Company Secretary |
| Padmabhushan Bahadure | Chief Technology Officer |
| Om Prakash Seth | Chief Information Officer |
| Padma Vinod Betai | Chief General Manager |
| Aloke Sengupta | Chief General Manager |
| Subrat Kumar Mohapatra | Chief General Manager |