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IDBI Bank Limited (IDBI.NS)

65.20 Down 1.15(1.73%) 5:59AM EDT
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IDBI Bank Limited
IDBI Tower
WTC Complex
Mumbai, 400005
India - Map
Phone: 91 22 6693 7000

Index Membership:N/A
Industry:Money Center Banks
Full Time Employees:14,040

Business Summary 

IDBI Bank Limited offers banking and financial services to retail and corporate clients primarily in India. Its deposit products include savings accounts, current accounts, retail term deposits, recurring deposits, corporate payroll accounts, preferred banking, senior citizen, and fixed deposit accounts; and loan portfolio comprises home, education, personal, reverse mortgage, and auto loans, as well as loans against property and securities. The company also offers various debit cards; demat accounts; employees stock options financing; mutual funds; life and general insurance products; government/Reserve Bank of India bonds; IPO through application supported by blocked amount option; investment advisory services; and pension schemes. In addition, it provides products and services for non-resident Indians; agriculture finance and finance to micro, small, and medium enterprises; and Internet, phone, and mobile banking services, as well as locker facilities, and treasury services. Further, the company offers corporate banking products and services, such as project appraisal and debt syndication advisory services; environmental banking services; securitization and structured services; and IPO monitoring, carbon credit, cash management, trade finance, tax payments, foreign currency products, and working capital loans, as well as technology upgradation fund scheme (TUFS) for textile and jute industries. As of June 17, 2013, it had a network of 1,111 branches and 1,782 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 
Mr. M. S. Raghavan , 59
Chairman and Managing Director
Mr. P. Sitaram ,
Chief Financial Officer
Mr. L. P. Aggarwal B.Com.,ACA,CAIIB, 56
Corp. Head Financial Officer
Mr. Pawan Agrawal ,
Compliance Officer and Company Sec.
Mr. J. K. Ray ,
Chief Gen. Mang.
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.