IDBI Bank Limited (IDBI.NS)

55.15 -1.10 (-1.96%) At close: 3:29PM IST

IDBI Bank Limited

IDBI Tower
20th floor
Mumbai 400 005
India
91 22 6655 3355
http://www.idbi.com

Sector: Financial
Industry: Money Center Banks
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Age
Mr. Pawan Agrawal	Compliance Officer and Company Sec.	2.71M	N/A	N/A
Mr. Mahesh Kumar Jain	Chief Exec. Officer, Managing Director and Director	N/A	N/A	55
Mrs. Padma Vinod Betai	Chief Financial Officer and Chief Gen. Mang.	N/A	N/A	53
Mr. S. K. V. Srinivasan	Head of Mid Corp. Group and Exec. Director	N/A	N/A	61
S. S. Banerjee	Chief Gen. Mang.	N/A	N/A	N/A

Amounts are as of December 31, 2016 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.

Description

IDBI Bank Limited provides banking and financial solutions to retail and corporate clients in India. It offers savings and current accounts, corporate payroll accounts, and fixed deposits; loans, such as home, auto, education, and personal loans, as well as loan against properties and securities; debit, credit, and prepaid cards; phone, mobile, and Internet banking services; and investment advisory and capital market services, as well as lockers. The company also provides fund based assistance, including 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 non-banking finance companies/housing finance companies and commercial real estate sector. In addition, it offers non-fund based assistance, such as bank and performance guarantees, letters of credit, and buyers credit; cash management, treasury, trade finance, and foreign currency services; and debt syndication and advisory, and financing services for infrastructure projects, as well as publishes a magazine. Further, the company provides finance to micro, small, and medium enterprises; agriculture finance; products and services for non-resident Indians; and ATM services. Additionally, it offers information technology and security, and contact center services; and investment management, mutual fund, security trusteeship assignments, share pledge trustee, venture capital fund, safe keeping, escrow agency, and other trusteeship services, as well as acts as trustees to securitization transactions and bond/debentures. As of March 31, 2016, the company operated 1,846 branches and 3,310 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.

Corporate Governance

IDBI Bank Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.