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IDBI Bank Limited

IDBIBanks - RegionalMumbai, India

Industrial Development Bank of India or IDBI is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India (LIC) and Government of India. It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964, IDBI as a development finance institution, which provided financial services to industrial sector.

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IDBI Bank Limited at a glance

IDBI Bank Limited is a banks - regional company headquartered in Mumbai, India. It is publicly listed (IDBI) with a market capitalisation of $9.3B. Xcout tracks 31 named people at IDBI Bank Limited, including Rakesh Sharma (Managing Director & CEO).

Industry
Banks - Regional
Headquarters
Mumbai, India
Market cap
$9.3B
Employees
19,108
Ticker
IDBI

IDBI Bank Limited leadership

  • Rakesh SharmaManaging Director & CEO
  • Asha RajivChief Vigilance Officer
  • Jayakumar Subramonia PillaiDeputy Managing Director
  • Sumit PhakkaDeputy Managing Director
  • Ajay Ramesh LandeExecutive Director
  • Anirudha BeheraExecutive Director

25 more named people on record for IDBI Bank Limited, with roles, board committees and tenure — see the full roster →

IDBI Bank Limited competitors

A few of IDBI Bank Limited's closest competitors — see the full list of competitors and alternatives →

Industrial Bank Co.,Ltd.601166 · BankingFuzhou, China
63% matchPublic

Industrial Bank Co., Ltd., established in 1988 and headquartered in Fuzhou, People's Republic of China, operates as a comprehensive financial institution providing a broad spectrum of banking and diversified financial services. Its core banking activities in China encompass accepting deposits from the public, offering various loan types (short, medium, and long-term), and managing both domestic and international settlement operations. The bank is also involved in issuing financial instruments such as discount and financial bonds, processing acceptance bills and notes, and acting as an agent for bond issuance and encashment. It actively participates in capital markets through underwriting and trading government bonds, debentures, financial bonds, and other marketable securities (excluding equities). Additional fundamental services include asset custody, inter-bank lending, and foreign exchange transactions encompassing trading, settlement, and sales. Beyond these traditional offerings, Industrial Bank provides a full suite of customer-centric services. These include bank card services, agency trading, letters of credit and guarantee, remittance facilities, and serving as an insurance agent. Customers can also access safety deposit boxes, receive financial advisory, and utilize credit investigation, advisory, and attestation services. The institution further supports modern banking needs with extensive digital platforms, including debit and credit cards, internet banking, and mobile banking services. Through its network of subsidiaries, Industrial Bank extends its reach into diverse specialized financial sectors. This includes finance leasing, trust services, fund raising and marketing, comprehensive asset management, and consumer finance. The group also engages in strategic equity and industrial investments, alongside providing expert investment management, advisory, and consulting services. Further specialized areas cover financial, business, and enterprise management consulting; sophisticated financial data processing; brokerage services for commodity and financial futures; futures investment consulting; and economic information consulting. The company even contributes to technological infrastructure through application software development and system integration. Moreover, the bank is actively involved in broader financial health management, including the acquisition, transfer, and disposal of non-performing loans (bad debts) from both financial and non-financial entities. It also develops and distributes a variety of wealth management products and offers related consulting and advisory services.

Market cap$55.3B
Employees68,963
Industrial Bank Co.,Ltd. competitors & alternatives →
HDFC BankHDB · Banking, Financial ServicesMumbai, India
61% matchPublic

HDFC Bank Limited is a prominent financial institution providing a comprehensive suite of banking and financial services, catering to both individual and corporate clients across India, Bahrain, Hong Kong, and Dubai. The bank organizes its operations into several key segments: Treasury, Retail Banking, Wholesale Banking, Other Banking Business, and Unallocated. Its offerings include a wide array of deposit products such as savings, salary, current, rural, public provident fund, and pension accounts, alongside Demat accounts for investments. Customers can also opt for fixed and recurring deposits, safe deposit lockers, offshore accounts and deposits, overdraft facilities against fixed deposits, and sweep-in options. HDFC Bank extends a diverse range of lending solutions, encompassing personal, home, vehicle (car and two-wheeler), business, educational, gold, consumer, and rural loans. It also provides specialized financing against properties, securities, rental receivables, and assets, as well as tailored loans for professionals and participation in government-sponsored schemes. Furthermore, the bank offers credit card-linked loans, working capital financing, and funding for commercial/construction equipment, healthcare/medical devices, and commercial vehicles. Dealer finance, term loans, and professional loans complete its extensive lending portfolio. Beyond lending, the bank issues credit, debit, prepaid, and forex cards, and facilitates various payment and collection services. These include export, import, remittance, bank guarantees, letters of credit, trade finance, hedging solutions, and comprehensive merchant and cash management services. Clients can also access insurance and investment products through HDFC Bank. For its corporate and institutional clients, HDFC Bank provides short-term finance, bill discounting, structured finance, export credit, loan syndication, and document collection services. The bank embraces digital innovation, offering online, wholesale, mobile, and phone banking, alongside instant payment systems like UPI, IMPS, NEFT, and RTGS. Additional services include channel and vendor financing, reimbursement accounts, money market operations, derivatives, employee trusts, solutions for cash-surplus corporates, tax payment services, and acting as bankers to rights/public issues. It also delivers bespoke financial solutions for supply chain partners and agricultural clients. As of March 31, 2022, HDFC Bank maintained a substantial physical presence, operating 21,683 banking outlets, including 6,342 branches and 18,130 automated teller machines (ATMs) across 3,188 cities and towns. Established in 1994, HDFC Bank Limited is headquartered in Mumbai, India.

Market cap$135.3B
Employees211,178
HDFC Bank competitors & alternatives →

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More on IDBI Bank Limited in Xcout Intel

  • 31 named people with titles, LinkedIn and board committees
  • The full competitor set, tracking, exports and API access
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