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Press background on IDBI Bank
Company profile
IDBI Bank Ltd. is a Universal Bank with its operations driven by a cutting edge core Banking IT platform. The Bank offers personalized banking and financial solutions to its clients in the retail and corporate banking arena through its large network of Branches and ATMs, spread across length and breadth of India. We have also set up an overseas branch at Dubai and have plans to open representative offices in various other parts of the Globe, for encashing emerging global opportunities. Our experience of financial markets will help us to effectively cope with challenges and capitalize on the emerging opportunities by participating effectively in our country’s growth process.
 Recent press releases
IDBI Bank Q2 FY17 Results

Highlights of Q2 FY 17 (Sept30, 2016) financial results vis-à-vis Q2 FY 16 (Sept 30, 2015)
Business up 9.10% to INR 4,84,337Crore (from INR 4,43,943Crore)
Deposits increased by 11.03% to INR 2,65,679 Crore (from INR 2,39,282 Crore)
... (more)
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IDBI Bank Launches ‘IDBI Express’ for Convenient, Branchless Banking

IDBI Bank launched ‘IDBI Express’, an unique banking solution, enabling customers to bank at their chosen time and place beyond banking hours, without having to visit the Bank branch. Hon’ble Minster of State for Finance Shri Jayant Sinha launched the initiative in New Del... (more)
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IDBI Bank Launches the ‘Stand Up India’ Scheme

IDBI Bank launched the “Stand Up India’ Scheme on a pan India basis on the occasion of the 125th birth anniversary of Dr. Babasaheb Ambedkar on April 14, 2016. The scheme was launched by screening logo of ‘Stand Up India’ and a film made by Government of India on the... (more)
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IDBI Bank Q3 FY 16 Results

Highlights of 9 Months FY 16 (Dec 31,2015) financial results vis-à-vis 9 months FY 15 (Dec 31, 2014)
- Business increased from Rs 4,30,502 Crore to Rs 4,43,615 Crore.
- CASA up by 15% to Rs 58,662 Crore (from Rs 51,033 Crore).
- Saving Bank Deposit up by 16% t... (more)
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IDBI Bank Contributes Rs. 1 Crore to the Tamil Nadu Chief Minister’s Public Relief Fund for Chennai Floods

IDBI Bank as part of its Corporate Social Responsibility initiative contributed Rs. 1 crore to the Tamil Nadu Chief Minister’s Public Relief Fund – for people affected by the recent floods in the state. Shri Rabinarayan Panda, CGM, IDBI Bank, handed over the cheque to Hon’... (more)
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IDBI Bank Receives Rs. 2229 Crore from the GoI towards Preferential Issue of Equity Shares

IDBI Bank has received Rs.2229 crore from the Government of India towards preferential allotment of equity shares of Rs.10/- each to GoI at a price of Rs.75.28 per share in terms of the approval accorded by the Shareholders at the EGM of the Bank held on November 4, 2015.... (more)
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IDBI Bank Mobilises Rs.1900 crore through Two Separate Issues of Basel III Compliant Tier 2 Bonds on Private Placement Basis to Strengthen its Capital Adequacy

IDBI Bank has mobilised Rs.1900 crore through issue of Basel III compliant Tier 2 bonds through two separate issues on private placement basis to strengthen its capital adequacy. The first issue of Rs.1000 crore concluded on December 31, 2015 was for a tenor of 15 years with call option at ... (more)
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IDBI Bank's USD 350 Million 5 Years Green Bond Issue

IDBI Bank launched a USD 350 million 5 year Reg S Green Bond issue on November 23, 2015. The transaction received an overwhelming response and the issue was oversubscribed by 3 times. The issue was made under the USD 5 billion MTN Programme listed on the Singapore Stock Exchange.
&... (more)
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IDBI Bank Highlights of Q2 FY 16( Sept 30,2015) Financial Results vis-à-vis Q2 FY 15 (Sept 30, 2014)

Business up by 3% to Rs. 4,43,943 Crore (from Rs. 4,33,063 Crore)
CASA increased by 10% to Rs. 57,887 Crore (from Rs. 52,433 Crore)
Advances up by 5% to Rs. 2,04,661 Crore (from Rs. 1,95,057 Crore)
Total assets grew by 3% to Rs. 3,38,458 Crore (from Rs. 3,29,... (more)
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IDBI Bank Loans to Become Cheaper Following 25 bps Reduction in Base Rate

IDBI Bank’s loans, linked to Base Rate will become cheaper following a 25 bps reduction in its Base Rate to 9.75% p.a. with effect from October 05, 2015.
 
IDBI Bank has taken this pro-active step, keeping in view the recent policy measures announced by the R... (more)
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