IDBI Bank

The IDBI Bank Limited is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India and Government of India. It was established by Government of India... Wikipedia

• Formerly called:  Industrial Development Bank of India Limited (1964–2008)
• Type:  Public
• Traded as:  BSE: 500116, NSE: IDBI
• Industry:  Financial services
• Predecessor:  Industrial Development Bank of India
• Founded:  July 01, 1964
• Founder:  Government of India, (by the IDBI Act, 1964)
• Key people:  M. R. Kumar (Chairman), Rakesh Sharma (MD & CEO)
• Products:  Investment banking, Commercial banking, Retail banking, Asset Management, Pensions, Mortgages, Credit cards
• Revenue:  ₹ 30,370 crore (2024)
• Operating income:  ₹ 9,774 crore (2024)
• Total assets:  ₹ 364,271 crore (2024)
• Total equity:  ₹ 40,320 crore (2024)
• Owner:  Life Insurance Corporation of India (49.24%), Government of India (45.5%)
• Number of employees:  20,078(September 2024)
• Subsidiaries:  IDBI Capital Markets & Securities, IDBI Intech, IDBI Asset Management, IDBI MF Trustee Company, IDBI Trusteeship Services
• Capital ratio:  13.31%
• Data source:  DuckDuckGo