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IDBI Bank Ltd Banks
₹ 94.17 +1.15 (1.24%)
  • NSE
  • BSE

Overview

  • BSE Code 500116
  • NSE Symbol IDBI
  • ISIN Demat INE008A01015
  • Book Value (₹) 46.26
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 1,06,018.69
  • P/E (TTM) 14.11
  • EPS (TTM) 6.99
  • Div Yield (%) 2.13

Performance

Today’s Low 93.70
Today’s High 95.10

94.17
52W Low 65.89
52W High 107.90

94.17
Open 93.82
Prev. Close 93.02
Volume 36,38,714.00

Corporate Actions

IDBI Bank Limited - Outcome of Board Meeting
Apr 28, 2025

IDBI Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on April 28, 2025.

IDBI Bank Limited - Dividend
Apr 28, 2025

IDBI Bank Limited has informed the Exchange that Board of Directors at its meeting held on April 28, 2025, recommended Final Dividend of Rs. 2.10 per equity share.

IDBI Bank Limited - Press Release
Apr 28, 2025

IDBI Bank Limited has informed the Exchange regarding a press release dated April 28, 2025, titled "IDBI Bank Limited - Financial Results for Q4 & FY 2025".

IDBI Bank Limited - Outcome of Board Meeting-XBRL
Apr 28, 2025

IDBI Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on 28-Apr-2025 for Dividend

About IDBI Bank Ltd

IDBI Bank is also commonly referred to as the Industrial Development Bank of India (IDBI). It is involved in the business of monetary intermediation of commercial banks, savings banks, postal savings banks, and discount houses. IDBI was established as a Development Financial Institution (DFI) in 1964. It worked as DFI for a period of 40 years and transformed into a bank in 2004.  The Union Western Bank Ltd was amalgamated with IDBI Ltd in 2006. The bank’s name was changed to IDBI Bank Ltd from IDBI Ltd in 2008. The inorganic growth was continued with the merger of IDBI Home Finance Ltd and IDBI Gilts into IDBI Bank in 2011. The bank was recategorised as a private sector bank in 2019 after the acquisition of a 51% stake in the bank by Life Insurance Corporation Bank of India. As of March 2023, the bank had 1,928 branches, 3,334 ATMs and 58 e-lounges. The business was strengthened by the addition of 42 new branches during the same year. The size of the bank’s balance sheet was ₹3,30,502 crores at the end of FY 2023.

Business Segments

  • Retail Banking:Under this segment, the bank offers various products and services, such as retail liability products, NRI services, and retail assets, to the retail customers.
  • Priority Sector Banking:The bank significantly core priorityes on priority sector lending (PSL) and offers loans to various sectors such as agriculture and Micro, Small and Medium Enterprises (MSME).
  • Digital Banking:The bank’s digital segment has witnessed growth due to technological advancements in the banking space. It recorded a significant growth in digital customers owing to the comfort, safety, convenience, and 24/7 availability of digital banking channels.
  • Third-Party Products and Capital Market Products:Under this segment, it delivers customers various value-added products and services by considering their risk profile and financial goals.
  • Corporate Banking:The corporate banking segment comprises two verticals: the Mid Corporate Group (MCG) and the Large Corporate Group (LCG).
  • Trade Finance:IDBI has a dedicated Trade Finance (TF) Department, which delivers a wide range of products and services to its large/ mid corporate and retail customers at competitive pricing.
Subsidiaries: As of March 31, 2023, the bank had 5 subsidiaries, and a few of them are listed below:
  • IDBI Intech Ltd is a wholly-owned subsidiary of IDBI Bank Ltd,a technology-led enterprise transformation organization for the BFSI vertical.
  • IDBI Capital Markets & Securities Ltd:This is a wholly-owned subsidiary, one of the country's leading fund managers for provident, pension and retirement benefit funds.

Key Personnel

Mr. Rakesh Sharma, Managing Director and CEO Mr. Rakesh Sharma is a well-known, seasoned banker with over 40 years of experience in various banks. He commenced his career in the banking industry with the State Bank of India (SBI) and worked in various positions in SBI. He retired from Canara Bank as MD and CEO in July 2018.

Corporate Actions

In 2001, the bank announced a bonus issue of shares in the ratio of 3:5 on a record date of February 12, 2001.
Founded: 1964
Chairman: T N Manoharan
Managing Director: Rakesh Sharma
Address: IDBI Tower WTC Complex 3rd Flr, Cuffe Parade Colaba, Mumbai, Maharashtra, 400005,