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Re: Short Note On IDBI
IDBI Bank was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry. Bank profile: Type Government-owned bank Traded as BSE: 500116 NSE: IDBI Industry Banking, Financial services Predecessor IDBI Founded 1 July 1964, 52 years ago Headquarters Mumbai, India Key people Mahesh Kumar Jain (Managing Director & CEO) Products consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management, Agriculture Loan Revenue 28,043.10 crore (US$4.4 billion) (2016) Operating income 5,370 crore (US$840 million) (2016) Net income -3,664.80 crore (US$−570 million) (2016) Total assets 374,372.12 crore (US$58 billion) (2016) Owner Government of India Number of employees 17,570 (March 2016) Capital ratio 11.76% (2016) |
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