IDBI Bank was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.

Yes DBI Bank has tied up with National Payments Corporation of India (NPCI) to launch Rupay Platinum Debit card with upgraded features. “The ‘Rupay Platinum Debit card’ enables cost-effective, fast and secure access to large number of ATMs, POS terminals, e-commerce websites and participating merchant establishments across the country.

Bank profile

Type Government-owned bank

Traded as BSE: 500116

NSE: IDBI

Industry Banking, Financial services

Predecessor IDBI

Founded 1 July 1964, 52 years ago

Headquarters Mumbai India

Key people Mahesh Kumar Jain(Managing Director & CEO)

Products consumer banking, corporate banking, finance and insurance, investment
banking, mortgage loans, private banking, private equity, wealth management, Agriculture Loan

Revenue 28,043.10 crore (US$4.4 billion) (2016)

Operating income 5,370 crore (US$840 million) (2016)

Net income -3,664.80 crore (US$−570 million) (2016)

Total assets 374,372.12 crore (US$58 billion) (2016)

Number of employees 17,570 (March 2016)

Capital ratio 11.76% (2016)[1]