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BRAHMANAND SHET

2JI17MBA09
INTRODUCTION
•IDBI Bank (Industrial Development Bank of India)
•It was established in 1964 by an Act of Parliament to provide credit and other financial
facilities for the development of the fledgling Indian industry.
•At present the government holds 77% stake in IDBI Bank
•It currently has 3,817 ATMs, 1,995 branches, including one overseas branch in Dubai,
and 1,382 centres.
•The bank has an aggregate balance sheet size of INR 3.74 trillion as on 31 March 2016.
Type : Government-owned bank
Industry : Banking, Financial services
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
Institutions built by IDBI bank:-
Some of the institutions built by IDBI are the National Stock Exchange of
India (NSE), the National Securities Depository Services Ltd (NSDL), the
Stock Holding Corporation of India (SHCIL), and IDBI BANK, which today is
owned by the Indian Government, though for a brief period it was a
private scheduled bank
Infrastructure:-
It is currently the tenth largest development bank in the world in terms of
reach with:-
•1140 ATMs
• 689 branches
•Metro>=206
•Urban-273
•Semi-Urban-138
•Rural-72 and
•458 centres.
Functions:
 IDBI has enlarged its basket of products and services, covering
almost the entire spectrum of industrial activities, including
manufacturing and services.
 IDBI provides financial assistance, both in rupee and foreign
currencies, for green-field projects as also for expansion,
modernization and diversification purposes.
 During financial sector IDBI evolved an array of fund and fee-based
services with a view for providing an integrated solution to meet the
entire demand of financial and corporate advisory requirements of its
clients.
 It also provides indirect financial assistance by way of
refinancing of loans, extended by State-level financial institutions and
banks and by way of rediscounting of bills of exchange arising out of
sale of indigenous machinery on deferred payment terms.
Difference from other Banks:-
IDBI bank is different from others because other banks deal
in banking business but this bank first deals in financing the various
industries for development in the country and then does the banking
business.
Even now this bank provides finance to various industries for
the development. It also finances to film business. Before
diversification of IDBI to bank it used to deal in financing business to
various industries and firms.
THE PRESENT
•Today, IDBI Bank is counted amongst the leading public sector banks of India,
apart from claiming the distinction of being the 4th largest bank, in overall ratings.

• It is presently regarded as the tenth largest development bank in the world,


mainly in terms of reach.

•This is because of its wide network of 1140 ATMs, 689 branches-->Metro-206,


Urban- 273, Semi-Urban-138, Rural-72 and 458 centers.

•Apart from being involved in banking services, IDBI has set up institutions like The
National Stock Exchange of India (NSE), The National Securities Depository Services
Ltd. (NSDL) and the Stock Holding Corporation of India(SHCIL).
THANK YOU

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