Last 60.85 INR
Change Today -1.75 / -2.80%
Volume 3.4M
IDBI On Other Exchanges
Symbol
Exchange
Natl India
As of 7:06 AM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

idbi bank ltd (IDBI) Snapshot

Open
62.00
Previous Close
62.60
Day High
63.45
Day Low
60.20
52 Week High
06/9/14 - 116.50
52 Week Low
01/30/14 - 52.90
Market Cap
97.6B
Average Volume 10 Days
4.8M
EPS TTM
8.22
Shares Outstanding
1.6B
EX-Date
06/26/14
P/E TM
7.4x
Dividend
0.28
Dividend Yield
1.64%
Current Stock Chart for IDBI BANK LTD (IDBI)

Related News

No related news articles were found.

idbi bank ltd (IDBI) Related Businessweek News

No Related Businessweek News Found

idbi bank ltd (IDBI) Details

IDBI Bank Limited provides banking and financial solutions to retail and corporate clients primarily in India. It offers savings and current accounts, corporate payroll accounts, and retail term and recurring deposits; and loans, such as home, auto, education, and personal loans, as well as loan against properties and securities. The company also provides fund based assistance, including term loans; short 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 NBFC/housing finance companies and commercial real estate sector. In addition, it offers non-fund based assistance, such as bank guarantee/performance guarantee, letters of credit, and buyers credit; cash management services comprising collection and payment products, debt service products, virtual account system, and host to host connectivity services; treasury services, including call money/notice money/term money, commercial papers, certificate of deposits, government securities, treasury bills, corporate bonds, equities, remittances, currency forward contracts, long-term foreign exchange, currency options, swaps, and forward rate agreements; and trade finance services. Further, the company provides finance to micro, small, and medium enterprises; agriculture finance; environmental services; products and services for non-resident Indians; investment advisory services; demat accounts; debit and prepaid cards; merchant establishments’ overdraft; merchant products; ATM services; and Internet mobile, and SMS banking services. As of May 20, 2014, it had 1407 branches and 2414 ATMs. The company was formerly known as IDBI Ltd. and changed its name to IDBI Bank Limited in May 2008. IDBI Bank Limited was founded in 1964 and is headquartered in Mumbai, India.

15,264 Employees
Last Reported Date: 05/27/14
Founded in 1964

idbi bank ltd (IDBI) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

idbi bank ltd (IDBI) Key Developments

IDBI Bank Limited Announces Directorate Changes

IDBI Bank Limited Prasad has been appointed as Nominee Director of the Company with effect from September 16, 2014. Dr. Ashok Jhunjhunwala, Independent, Non- Executive Director has resigned from the Board of the Company effective September 15, 2014. He has informed that his resignation is on account of certain Professional Commitments.

IDBI Bank Limited, Board Meeting, Sep 26, 2014

IDBI Bank Limited, Board Meeting, Sep 26, 2014. Agenda: To consider infusion of additional capital of INR 583.4 million by way of equity in IDBI Asset Management Ltd. (lAML), to meet the growth requirements of lAML besides maintaining net worth as stipulated by SEBI in terms of clause (f) of amended Regulation 21(1) of SEBI (MF) Regulations, 1996; and to consider enhancement in rupee borrowing limit from the present limit of INR 40,000 million (approved by the shareholders on September 02, 2014) to INR 150,000 million subject to compliance with all applicable laws, regulations & guidelines as well as the approval of shareholders to be obtained in terms of Section 42 of the Companies Act, 2013 by postal ballot.

IDBI Bank Mulls Capital Raising

IDBI Bank Limited (BSE:500116) is looking to raise capital. M S Raghavan, Chairman and Managing Director of IDBI Bank Limited said, "We are also looking to beef up out Tier I capital through a rights issue or a qualified institutional placement of INR 20 billion and we would approach both domestic as well as international investors depending on the market conditions. We would be approaching the government to give permission to dilute its stake from 76.5% to 58% or 51%. We are looking to get INR 50 billion, depending on the extent of dilution."

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IDBI:IN 60.85 INR -1.75

IDBI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ICICI Bank Ltd 1,434 INR -24.95
IFCI Ltd 35.75 INR -1.15
Mitsubishi UFJ Financial Group Inc ¥620.20 JPY -1.40
Mizuho Financial Group Inc ¥195.90 JPY -2.80
Sumitomo Mitsui Financial Group Inc ¥4,471 JPY +30.00
View Industry Companies
 

Industry Analysis

IDBI

Industry Average

Valuation IDBI Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact IDBI BANK LTD, please visit www.idbi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.