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Company Profile

IDBI BANK LTD.

Mumbai, Maharashtra, India

Finance Products - Services,
Public. Ltd. Firm Since 0



Products :
IDBI, the tenth largest development bank in the world has promoted world class institutions in India. A few of such institutions built by IDBI are The National Stock Exchange (NSE), The National Securities Depository Services Ltd.(NSDL), Stock Holding Corporation of India (SHCIL) etc. IDBI is a strategic investor in a plethora of institutions which have revolutionized the Indian Financial Markets. IDBI promoted idbi bank to mark the formal foray of the IDBI Group into commercial Banking. This initiative has blossomed into a major success story. idbi bank, which began with an equity capital base of Rs.1000 million (Rs.800 million contributed by IDBI and Rs.200 million by SIDBI), commenced its first branch at Indore in November 1995. Thereafter in less than seven years the bank has attained a frontranking position in the Indian Banking Industry. idbi bank successfully completed its public issue in February 99 which led to its paid-up capital expanding to Rs.1400 million. The promoters holding consequent to this public issue stood reduced to 71% with IDBI holding 57% and SIDBI 14% of the paid up capital of IDBI Bank. This is in line with the requirement of RBI which stipulates that eventually the promoters holding should be brought down to 40%.

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Product Catalog

Privileges
Your Lifestyle reflects your personality. Every element of Preferred banking, therefore, attempts to compliment your status and style. Whether it is the Exclusive Gold....

Investment Advisory
We understand that no two investors have same requirements. That?s why, IDBI Bank?s Investment Advisory cell provides customised investment solutions. With a wide vari....

Asset Products
Your financial needs are our priorities. That?s why, we bring to you a range of specially designed loan products with the convenience of door-step service. You can enj....


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Contact Info

N. A

IDBI BANK LTD.

Nariman Bvn., 12th flr., V.K. Shah Marg,, Nariman Point,
Mumbai - 400021 (Maharashtra) India

Phone(s) : +91-22 - 22844473
Mobile :
Fax : +91-22 - 22844465


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