About IDBI Bank Limited

IDBI Bank Ltd. is a universal bank headquartered in Mumbai. It serves individuals, farmers, micro and small businesses, and medium and large corporates with savings and current accounts, fixed deposits, retail loans (home, auto, personal, and education), and a suite of credit and non-credit facilities for businesses. The Bank reports that 100% of its turnover is from monetary intermediation activities of commercial and savings banks.

As on March 31, 2025, it operated 2,127 branches (including 24 IDBI Sameep outlets) and 256 offices across India, and maintained an International Financial Services Centre (IFSC) Banking Unit at GIFT City, Gandhinagar. The Bank serves 35 States and Union Territories and has one international location via the IFSC unit. Its shares are listed on BSE Ltd. and the National Stock Exchange of India Ltd.

The Bank’s legacy traces back six decades to its predecessor, the Industrial Development Bank of India, which functioned as the apex Development Financial Institution and played a catalytic role in India’s industrial and infrastructure financing. IDBI Bank highlights its contribution to nation-building over this period through products and services supporting people and businesses across the country.

IDBI Bank has five subsidiaries. For consolidation, there are no foreign subsidiaries reported. In FY 2024–25, the Bank recorded a notable milestone with total business crossing the ₹5 lakh crore mark, alongside double-digit growth, improved asset quality, and profitability.

Business Segment of IDBI Bank Limited

• Monetary intermediation – 100% of turnover.

IDBI Bank Limited’s Key Management Team

• Rakesh Sharma – Managing Director & Chief Executive Officer

• Jayakumar S. Pillai – Deputy Managing Director

• Sumit Phakka – Deputy Managing Director

• Samaresh Parida – Director

• Smita Kuber – Chief Financial Officer

• Jyothi Nair – Company Secretary

Latest Updates on IDBI Bank Limited

• Strategic focus: In FY 2024–25, IDBI Bank prioritised growth in low-cost deposits (CASA) and concentrated on Retail, Agriculture, and MSME (RAM) segments, underpinned by close credit monitoring, early stress detection, remedial measures, and efforts to reduce delinquencies.

• Network and presence: The Bank operated 2,127 branches and 256 offices in India, plus an IFSC Banking Unit at GIFT City, Gandhinagar. It served 35 States/UTs and maintained one international location through the IFSC unit.

• Recognitions: Runner Up for Best Digital Performance & Innovations and Best ESG Initiatives at ASSOCHAM’s 19th Annual Summit & Awards (Large & Mid-Sized Bank segment); Best Data Quality Award by TransUnion CIBIL (Private Banks, Commercial Segment); Best Private Sector Bank – Highest Throughput at M1 Xchange’s SAMAAH for contribution to the RBI-set TReDS platform; ranked 4th globally among banks in The Financial Brand’s Social Media Power 100.