IDBI Bank Limited is a major public sector scheduled commercial bank, which is under the ownership of Life Insurance Corporation of India and the Government of India. It was founded in the year 1964 as Industrial Development Bank of India under the ownership of RBI, and functioned as a development financial institution. In the year 2004, it was converted to a full-fledged banking company. The name was changed to IDBI Bank Limited in the year 2008.
| Particular | Details |
| Bank Name | IDBI Bank Limited |
| Type | Public Sector |
| Founded | 1st July 1964 |
| Founder | Reserve Bank of India |
| Headquarters | Mumbai, Maharashtra, India |
| MD & CEO | Rakesh Sharma |
| Chairman | T.N. Manoharan |
| Regulator | RBI |
| Services | Corporate Banking, Retail Banking, Treasury Operations and more |
| Branch Network | +2100 |
| Customer Base | N/A |
| Total Deposits | INR 3.10 lakh crore |
| Total Advances | INR 2.18 lakh crore |
| CASA Ratio | 44.06% |
| Bank Type Focus | Savings, Loans and Digital Access |
| Official Website | www.idbi.bank.in |
Net Worth and Market Cap
Net Worth of IDBI Bank Limited was approximately INR 60,000 crore in March 2025. The current market capitalisation of the bank is INR 1.05 lakh crore.
Corporate Leadership
Rakesh Sharma is serving as the Managing Director and CEO of IDBI Bank Limited since October 2018. T.N. Manoharan is the Chairman and Independent Director, while Smita Harish Kuber is the Executive Director and Chief Financial Officer of the bank.
Key Banking Products and Services
IDBI Bank Limited offers a comprehensive suite of banking products and services across retail banking, corporate or wholesale banking, agriculture banking, MSME banking and digital banking.
The bank provides a number of savings account options like Advantage Savings, SuperSavings, SuperShakti, Senior Citizen and more, alongside salary accounts, current accounts and family accounts. Deposit schemes offered by the bank include Freedom Deposit, Suvidha Tax Saving FD, Systematic Savings Plan and Naman Senior Citizen Deposit.
Investments and wealth management services cover mutual funds, capital market services, Government of India bonds, National Pension System, capital gains account scheme, small savings scheme and more.
MSME banking solutions are tailored financial and other support for micro, small and medium enterprises. They include MSME loans and advances, term loans, working capital and government-scheme linked financing.
Agri banking segment of the bank provides dedicated products for farmers and agriculture sector. These include agri loans like crop loans, kisan credit card and financing under government schemes.
Distribution Network
IDBI Bank Limited is headquartered in Mumbai, Maharashtra, India. The bank has a pan-India network comprising of more than 2100 branches and over 3000 ATMs. In addition, it operates 24 banking correspondent outlets and 58 e-lounges. One overseas branch is located at Dubai International Finance Centre.
