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IDBI Bank Limited (IDBI.NS)

NSE - NSE Real Time Price. Currency in INR
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39.70+0.55 (+1.40%)
At close: 3:29PM IST

IDBI Bank Limited

IDBI Tower
WTC Complex Cuffe Parade, Colaba
Mumbai 400 005
India
91 22 6655 3355
http://www.idbibank.in

Sector(s)Financial Services
IndustryBanks—Regional
Full-time employees16,668

Key executives

NameTitlePayExercisedYear born
Mr. Rakesh Kumar SharmaMD, CEO & Exec. Director3.75MN/A1958
Mr. Ajay Kumar SharmaCFO & Exec. Director4.02MN/A1962
Mr. Pawan AgrawalCompany Sec. & Compliance Officer3.97MN/AN/A
Mr. Suresh Kishinchand KhatanharDeputy MD & Whole Time Director683.67kN/A1963
Mr. Samuel Joseph Jebaraja B.E., M.B.A.Deputy MD & Whole Time Director3.4MN/A1968
Mr. Shailendra Govind NadkarniExec. DirectorN/AN/A1965
Mr. Ashok Kumar GautamExec. DirectorN/AN/A1963
Dr. Saumya Sankar BanerjeeCTO & Exec. DirectorN/AN/AN/A
Mr. Rabinarayan PandaChief Gen. Mang.N/AN/A1960
Ms. Padma Vinod BetaiChief Gen. Mang.N/AN/A1964
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes 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. The company offers savings and current accounts, corporate payroll accounts, and fixed deposits; home, auto, education, and personal loans, as well as loans 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 bank and performance guarantees, letters of credit, and buyers credit; cash management, treasury, trade finance, and foreign currency services; and debt syndication and advisory services. Further, the company provides finance to micro, small, and medium enterprises; agriculture finance; and products and services for non-resident Indians, as well as equity, debt and gold products. Additionally, it offers information technology and security, and contact center services; and mutual fund, security trusteeship assignments, share pledge trustee, venture capital fund, safe keeping, escrow agency, and other trusteeship services, as well as acts as a trustee to securitization transactions and bond/debentures. As of March 31, 2020, the company operated 1,892 branches, 3,683 ATMs, and 58 e-lounges. The company was formerly known as IDBI Ltd. and changed its name to IDBI Bank Limited in May 2008. The company was founded in 1964 and is headquartered in Mumbai, India. IDBI Bank Limited is a subsidiary of Life Insurance Corporation of 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 10 indicates higher governance risk.