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.

OSP (Online Shopping password) is an additional step of authentication to secure and protect your e-commerce transactions initiated from external merchant websites. OSP (Online Shopping password) is a six-digit number which will be sent to your mobile number by way of a SMS. OSP (Online Shopping password) number is confidential and should not be disclosed or shared with anyone even if the person claims to be an IDBI Bank official.

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)