Brief Profile of the Bank

IDBI was established as a Development Financial Institution (DFI) on July 1, 1964 by an Act of Parliament of India, as a wholly-owned subsidiary of the Reserve Bank of India, to catalyze the development of a diversified and efficient industrial structure in the country, in tune with national priorities. In 1976, its ownership was transferred from RBI to the Government of India (GoI). Subsequently, in 1995, the domestic Initial Public Offer reduced Government's stake, initially to 72% and post capital restructuring, to 58.1%. Currently, Government shareholding is around 52.75%.

Products and Services Offered

Corporate Banking
Retail Banking
SME Products
Agri Products

Subsidiaries and Affiliates

IDBI Capital Marketing Services Limited
IDBI Homefinance Limited
IDBI Intech Limited