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IDBI Bank Ltd
Previous close
₹92.50
Day range
₹87.36 - ₹92.84
Year range
₹59.50 - ₹107.90
Market cap
949.89B INR
Avg Volume
17.54M
P/E ratio
15.10
Dividend yield
1.70%
Primary exchange
NSE
In the news
Financials
Income Statement
Revenue
Net income
(INR) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 45.42B | 22.19% |
Operating expense | 19.97B | 6.55% |
Net income | 17.34B | 41.09% |
Net profit margin | 38.18 | 15.45% |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | 31.68% | — |
Balance Sheet
Total assets
Total liabilities
(INR) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 168.74B | 14.69% |
Total assets | 3.72T | 10.43% |
Total liabilities | 3.18T | 9.81% |
Total equity | 544.60B | — |
Shares outstanding | 10.77B | — |
Price to book | 1.83 | — |
Return on assets | 1.89% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(INR) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 17.34B | 41.09% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
The IDBI Bank Limited is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India and Government of India. It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964 as Industrial Development Bank of India, a Development Finance Institution, which provided financial services to industrial sector. In 2005, the institution was merged with its subsidiary commercial division, IDBI Bank, and was categorised as "Other Development Finance Institution" category. Later in March 2019, Government of India asked LIC to infuse capital in the bank due to high NPA and capital adequacy issues and also asked LIC to manage the bank to meet the regulatory norms. Consequent upon LIC acquiring 51% of the total paid-up equity share capital, the bank was categorised as a 'Private Sector Bank' for regulatory purposes by Reserve Bank of India with effect from 21 January 2019. IDBI was put under Prompt Corrective Action of the Reserve Bank of India and on 10 March 2021 IDBI came out of the same. Wikipedia
Founded
Jul 1, 1964
Website
Employees
17,047