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    IDBI Bank Limited (IDBI.NS)

    -NSE
    70.10 Down 2.00(2.77%) 5:59AM EDT
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    IDBI Bank Limited
    IDBI Tower
    WTC Complex
    Mumbai, 400005
    India - Map
    Phone: 91 22 6655 2779
    Fax: 91 22 2218 2352
    Website: http://www.idbi.com

    Details 
    Index Membership:N/A
    Sector:Financial
    Industry:Money Center Banks
    Full Time Employees:15,264

    Business Summary 

    IDBI Bank Limited provides banking and financial solutions to retail and corporate clients primarily in India. It offers savings and current accounts, corporate payroll accounts, and retail term and recurring deposits; and loans, such as home, auto, education, and personal loans, as well as loan against properties and securities. The company also provides fund based assistance, including term loans; short term loans; working capital; packing credit to exporters; receivable buyout with recourse; channel financing for dealers of corporates; scheme for financing automated teller machines (ATM)/cash dispense vendors; bill discounting; technology upgrading fund scheme for textile and jute industries; and lending to NBFC/housing finance companies and commercial real estate sector. In addition, it offers non-fund based assistance, such as bank guarantee/performance guarantee, letters of credit, and buyers credit; cash management services comprising collection and payment products, debt service products, virtual account system, and host to host connectivity services; treasury services, including call money/notice money/term money, commercial papers, certificate of deposits, government securities, treasury bills, corporate bonds, equities, remittances, currency forward contracts, long-term foreign exchange, currency options, swaps, and forward rate agreements; and trade finance services. Further, the company provides finance to micro, small, and medium enterprises; agriculture finance; environmental services; products and services for non-resident Indians; investment advisory services; demat accounts; debit and prepaid cards; merchant establishmentsÂ’ overdraft; merchant products; ATM services; and Internet mobile, and SMS banking services. As of May 20, 2014, it had 1407 branches and 2414 ATMs. 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.

    Key Statistics


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    Key Executives 
     PayExercised
    Mr. M. S. Raghavan , 60
    Chairman, Managing Director, Chairman of Exec. Committee, Chairman of Hr Steering Committee, Chairman of Customer Service Committee, Chairman of Bus. Review Committee, Chairman of Recovery Review Committee, Chairman of Frauds Monitoring Committee and Chairman of Corp. Social Responsibility Committee
    N/AN/A
    Mr. Balkrishan Batra B.Com, MBA,CFA, CAIIB, 59
    Deputy Managing Director, Director, Member of Exec. Committee, Member of Audit Committee, Member of Risk Management Committee, Member of Shareholders/Investor Grievance Committee, Member of Frauds Monitoring Committee, Member of Customer Service Committee, Member of Information Technology Committee, Member of HR Steering Committee, Member of Recovery Review Committee, Member of Bus. Review Committee and Member of Corp. Social Responsibility Committee
    N/AN/A
    Mr. Melwyn O. Rego B.COM., MBA, CAIIB-I, C.S. (Inter), 56
    Deputy Managing Director, Exec. Director, Member of Exec. Committee, Member of Bus. Review Committee, Member of Shareholders/Investor Grievance Committee, Member of Frauds Monitoring Committee, Member of Risk Management Committee, Member of Corp. Social Responsibility Committee, Member of Customer Service Committee, Member of Information Technology Committee, Member of HR Steering Committee and Member of Recovery Review Committee
    N/AN/A
    Rajeev K. Sinha ,
    Chief Exec. Officer
    N/AN/A
    Mr. N. S. Venkatesh ,
    Chief Financial Officer and Exec. Director
    N/AN/A
    Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in INR.