98.84000 INR
0.94
0.94%
Last update Dec 15, 3:29 PM IST
Market closed
Day range
98.45000
99.65000
Previous close
99.78000
Open
99.30000
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IDBI Bank Ltd.
98.84
0.94
0.94%

Overview

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Description

IDBI Bank Ltd. is a prominent banking institution in India, primarily engaged in offering a broad spectrum of banking and financial services. Serving both retail and corporate sectors, the bank provides essential functions such as deposits, loans, asset management, and advisory services. As a full-service bank, it plays a critical role in facilitating economic growth by extending financial assistance to various industries, including infrastructure, agriculture, and small to medium enterprises. Additionally, IDBI Bank is known for its robust suite of digital banking products, ensuring convenient and secure transactions for its customers. Originating as a development financial institution, IDBI Bank has evolved to become a significant entity in the Indian banking landscape, contributing to both public sector finance and private sector growth. Its strategic emphasis on financial inclusion and digital transformation underscores its role in enhancing access to financial services across diverse demographics. Headquartered in Mumbai, the bank's infrastructure and initiatives align with national economic objectives, reinforcing its market presence and impact.

About

CEO
Mr. Rakesh Kumar Sharma
Employees
17555
Address
IDBI Tower
WTC Complex Cuffe Parade
Mumbai, 400005
Phone
91 22 6655 3355
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Regional
Country
India
MIC code
XNSE
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