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IDBI Bank About Us

IDBI Bank Ltd., as a full service universal bank, provides a wide gamut of financial products and services encompassing deposits,
loans, payment services and investment solutions. We are committed to understanding our customers’ needs and aim at
consistently delivering relevant financial solutions and excellent customer service.

Understanding today’s fast - paced and digital world, we offer an innovative range of digital services that complement our pan-India
network of branches and ATMs. Customers can also reach out to us through our 24x7 customer care facilities. We strive to provide
our customers with the best possible combination of safety, convenience and innovation in all of our financial products and services.

The vision ‘to be the most preferred and trusted bank enhancing value for all stakeholders’ defines and shapes our day-to-day
business, helping us to build long-lasting relationships.

Home > About Us > Vision & Mission

Vision

To be the most preferred and trusted bank enhancing value for all stakeholders.

Mission

 Delighting customers with our excellent service and comprehensive suite of best-in-class financial solutions;

 Touching more people's lives with our expanding retail footprint while maintaining our excellence on corporate and
infrastructure financing;

 Continuing to act in an ethical, transparent and responsible manner, becoming the role model for corporate governance;

 Deploying world class technology, systems and processes to improve business efficiency and exceed customer’s
expectations;

 Encouraging a positive, dynamic and performance-driven work culture to nurture employees grow them and build a
passionate and committed work force;

 Expanding our global presence;

 Relentlessly striving to become a greener bank.

Home > About Us > Bank's Profile

Bank's Profile

IDBI Bank Ltd., today, is operating as a full service universal bank that serves the customers from all segments.

IDBI Bank Ltd. has inherited a rich legacy from its predecessor entity - Industrial Development Bank of India – which was an apex
Development Financial Institution (DFI) in the realm of industry from July 1, 1964 to September 30, 2004. As a DFI, the erstwhile
IDBI stretched its canvas beyond mere project financing to cover an array of services that contributed towards balanced
geographical spread of industries, development of identified backward areas, emergence of a new spirit of enterprise and evolution
of a deep and vibrant capital market.

On October 1, 2004, the erstwhile IDBI was converted into a banking company – IDBI Ltd. - to undertake the entire gamut of
banking activities while continuing to play its secular DFI role. Desirous of fuelling its business growth, IDBI Ltd. merged its
subsidiaries - the erstwhile IDBI Bank, IDBI Home Finance Ltd., IDBI Gilts, the erstwhile United Western Bank Ltd., with itself over a
period of time. IDBI Ltd. also changed its name to IDBI Bank Ltd. to reflect its widened business functions.

As an universal bank, IDBI Bank Ltd. touches the lives of millions of Indians through a wide array of banking products and services.
Besides, the Bank has an established presence in associated financial sector businesses including capital market, investment
banking and mutual fund business. The Bank’s very business philosophy is characterised by the commitment to provide relevant
financial solutions, ensure maximum customer convenience through easy access to branches and ATMs as well as digital offerings
and excellence in customer service.

Going forward, IDBI Bank is strongly committed to work towards emerging as ‘most preferred and trusted bank enhancing value for
all stakeholders’.

Home > About Us > History

History

Industrial Development Bank of India

Industrial Development Bank of India (IDBI) was constituted under Industrial Development Bank of India Act, 1964 as a
Development Financial Institution (DFI) and came into being as on July 01, 1964 vide GoI notification dated June 22, 1964. It was
regarded as a Public Financial Institution in terms of the provisions of Section 4A of the Companies Act, 1956. It continued to serve
as a DFI for 40 years till the year 2004 when it was transformed into a Bank.

Industrial Development Bank of India Limited

In response to the felt need and on commercial prudence, it was decided to transform IDBI into a Bank. For the purpose, Industrial
Development Bank (Transfer of Undertaking and Repeal) Act, 2003 [Repeal Act] was passed repealing the Industrial Development
Bank of India Act, 1964. In terms of the provisions of the Repeal Act, a new company under the name of Industrial Development
Bank of India Limited (IDBI Ltd.) was incorporated as a Banking Company under the Companies Act, 1956 on September 27, 2004.
Thereafter, the undertaking of IDBI was transferred to and vested in IDBI Ltd. with effect from
October 01, 2004. 

Merger of United Western Bank with IDBI Ltd. 

The United Western Bank Ltd. (UWB), a Satara-based private sector bank, was placed under moratorium by RBI. Upon IDBI Ltd.
showing interest to take over the said bank towards its further inorganic growth, UWB was amalgamated with IDBI Ltd., in terms of
the provisions of Section 45 of the Banking Regulation Act, 1949. The merger came into effect on October 03, 2006. 

Change of name of IDBI Ltd. to IDBI Bank Ltd.

To truly capture its widened business functions, the name of the Bank was changed to IDBI Bank Ltd. with effect from May 07, 2008
upon issue of the Fresh Certificate of Incorporation by Registrar of Companies, Maharashtra.

Merger of IDBI Home Finance Ltd. and IDBI Gilts with IDBI Bank Ltd.  
Two wholly owned subsidiaries of IDBI Bank Ltd., viz. IDBI Home Finance Ltd. and IDBI Gilts Ltd. were amalgamated with IDBI
Bank Ltd. under Section 391-394 of the Companies Act, 1956 vide Government of India, Ministry of Corporate Affairs order dated
April 08, 2011. The appointed day under the scheme of amalgamation has been approved as January 01, 2011. In terms of Section
394(3) of the Companies Act 1956, the Government of India's above Order has been filed with the Registrar of Companies on April
26, 2011. 

Re-categorization of IDBI Bank Ltd. as a Private Sector Bank 

LIC of India completed acquisition of 51% controlling stake in IDBI Bank on January 21, 2019 making it the majority shareholder of
the bank. Subsequent to enhancement of equity stake by LIC of India on January 21, 2019, Reserve Bank Of India has clarified
vide a Press Release dated March 14, 2019, that IDBI Bank stands re-categorized as a Private Sector Bank, with retrospective
effect from January 21, 2019. 

statute

        Transfer of Undertaking and Repeal Act, 2003

        Memorandum of Association

        Articles of Association
 Home > About Us > Management
Board of Directors (Position as on June 1, 2019)

Mr. M R Kumar 
(Chairman)
 

Mr. Rakesh Sharma  Mr. G M Yadwadkar 

(Managing Director & CEO) (Deputy Managing Director)
 

Mr. Pankaj Jain Mr. Sudhir Shyam

 
 Mr. Rajesh Kandwal Mr. Gyan Prakash Joshi
 

Dr. Ashima Goyal Mr. Bhuwanchandra B Joshi

 

Mr. Samaresh Parida Mr. N Jambunathan

 

Mr. Deepak Singhal Mr. Sanjay Gokuldas Kallapur

 
 EXECUTIVE DIRECTORS

Mr. P. Sitaram Mr. G. A. Tadas 

 

Dr. Saumya S. Banerjee  Mr. Suresh Khatanhar 

 

Mr. Inderpal S. Kalra Mr. Madhav Phadke

 

Mr. Subroto Gupta Mr. Buddhadev Dasgupta

  

Mr. Ajay Sharma Mr. Shailendra Nadkarni

 

Mr. V. Narayanmurthy Mr. Jorty Chacko

 
 

Mr. P. K. Das  

Classification of IDBI Bank

Re-categorization of IDBI Bank Ltd. as a Private Sector Bank

IDBI Bank Limited has been categorized as a ‘Private Sector Bank’ for regulatory purposes by Reserve Bank Of India with effect
from January 21, 2019 consequent upon Life Insurance Corporation Of India acquiring 51% of the total paid-up equity share capital
of the bank. [Press Release: 2018-2019/2194 Dated March 14, 2019]

Balances held by State / Central and Urban Co-operative Banks with IDBI Bank - Treatment for CRR purposes (vide RBI
email dated March 15, 2019)
Clarification issued by RBI regarding CRR dispensation for deposits maintained by co-operative banks with IDBI Bank
Department of Cooperative Bank Regulation, Reserve Bank of India has issued a clarification that for the purpose of maintenance
of cash reserves (CRR) by non-scheduled co-operative banks in terms of Section 18 read with Section 56 of the Banking
Regulation Act, 1949, the ‘net balance in current accounts’ shall, in relation to a co-operative bank, continue to include, inter alia,
the excess, if any, of the aggregate of the credit balances in current account maintained by that co-operative bank with IDBI Bank
Ltd over the aggregate of the credit balances in current accounts held by IDBI Bank Ltd with such co-operative bank, till further
instructions.
General Code of Conduct and Ethics

Preamble:
IDBI Bank Ltd. is committed to creating long term economic value for all its stakeholders, including shareholders, depositors,
customers, employees and the society as a whole. IDBI Bank Ltd. is committed to maintaining high standards of ethical and
professional conduct in all its corporate activities. 

This Code of Conduct and Ethics outlines the overall standards that shall guide the actions of IDBI Bank Ltd. and its Directors,
officers and employees. 

National Interest: 
IDBI Bank Ltd. shall continue to be committed in all its actions to benefit the economic development of the nation and shall not
engage in any activity that would adversely affect such objective. 

Financial Reporting and Records: 

IDBI Bank Ltd. shall continue to prepare and maintain its accounts fairly and accurately in accordance with the accounting and
financial reporting standards which represent the generally accepted guidelines, principles, standards, laws and regulations of
the country. Internal accounting and audit procedures shall fairly and accurately reflect all of IDBI Bank Ltd. business
transactions and disposition of assets. 

Corporate Disclosure Practices: 

IDBI Bank Ltd. shall continue to abide by the corporate disclosure practices as specified by the appropriate external regulatory
authorities. 

Competition: 
IDBI Bank Ltd. shall market its products and services on its own merits. 

Equal-Rights: 
IDBI Bank Ltd shall continue to provide equal opportunities to all its employees and all qualified applicants for employment
without regard to their race, caste, religion, colour, ancestry, marital status, sex, age, nationality, disability etc. Applicable laws,
rules, and guidelines of Government of India / any other Competent Authority in this regard shall also be observed for this
purpose. Employees of IDBI Bank Ltd. shall be treated with dignity and in accordance with the IDBI Bank Ltd. policy to maintain
a work environment free of sexual harassment, whether physical, verbal or psychological. Employee policies and practices shall
be administered on a non-discriminatory basis in all matters relating to recruitment, training, compensation, benefits, promotion,
transfers and all others terms and conditions of employment. 

Prohibited Business: 
IDBI Bank Ltd. shall not enter into any kind of business with any company / organisation / entity, of which any of its director of is
a proprietor, partner, director, a manager, employee or guarantor or in which one or more directors of IDBI Bank Ltd. together
hold substantial interest. 

Substantial interest, in relation to any company / organisation / entity, means any beneficial interest held by one or more of the
directors of IDBI Bank Ltd. or by any relative of such director, whether singly or taken together, in the shares of the company /
organisation / entity, the aggregate amount paid up on which either exceeds five lakh of rupees or 5% of its paid-up share
 capital, whichever is lesser. 

Quality of Products and Services: 

IDBI Bank Ltd. shall continue to be committed to creating new industry standards of excellence in customer service. IDBI Bank
Ltd. shall provide innovative and superior quality customer service consistent with the requirements of the customers for their
satisfaction. 

Corporate Opportunity: 
A Director / Officer / Employee must not deprive IDBI Bank Ltd. of an opportunity that belongs to IDBI Bank Ltd., for his/ her
own/other's advantage, if he / she is in a position of diverting the corporate opportunity for own benefit or to others to the
detriment of IDBI Bank Ltd. A Director / Officer / Employee must not compete with IDBI Bank Ltd. in respect of any business
transaction. 

Health, Safety and Environment: 

IDBI Bank Ltd. shall strive to provide a safe and healthy working environment at its work places and comply, in the conduct of its
business affairs, with all regulations regarding the preservation of the environment of the territories it operates in. 

10. Corporate Social Responsibility: 

IDBI Bank Ltd. shall continue to be committed to be a good corporate citizen not only in compliance with all relevant regulating
laws and regulations but also by actively assisting in the improvement of the quality of life of the people in the communities in
which it operates with the objective of making them self reliant. 

11. Public Representation of the Company & the Group: 

IDBI Bank Ltd. honours the information requirements of the public and its stakeholders. All its external communication will be
only by officials / directors authorised for the purpose. 

The information for the public constituents and stakeholders, duly approved by the Compliance Officer or other authorised
official, as the case may be, shall be disseminated through any of the following media: 

 The accredited newspaper publications; 

 Web casting on the official web site; 

 Press handouts and press releases; 

 Audio and audio-visuals prepared for the specific purpose. 

12. Use of IDBI Bank Ltd. Name Logo/ Trademarks: 

A Director / Officer / Employee shall not use the name of IDBI Bank Ltd., its logo or trademark for personal benefit or for the
benefit of persons / entities not forming part of the IDBI Group. 

13. Shareholders: 
IDBI Bank Ltd. is committed to enhance shareholder value and shall comply with all regulations and laws that govern
shareholders' rights. The Board of Directors' of IDBI Bank Ltd. shall duly and fairly inform its shareholders about all relevant
aspects of the organisation business and disclose such information in accordance with the respective regulations and
agreements. Every employee shall also be responsible for implementation of and compliance with this code. 

14. Ethical Standards: 

 A Director / Officer / Employee of IDBI Bank Ltd. shall conduct all the dealings on behalf of IDBI Bank Ltd. with professionalism,
honesty, integrity and high moral and ethical standards. Every Director / Officer / Employee of IDBI Bank Ltd. shall be
responsible for the implementation of and compliance with the Code in his / her professional environment, be fair and take action
not to discriminate, honour confidentiality and strive to achieve more specific professional responsibilities. 

15. Insider Trading: 

Insider Trading involves the improper use of non - public price sensitive information when dealing in securities. Specified
employees are prohibited from engaging in insider trading as detailed in the Code of Conduct for Prevention of Insider Trading. 

16. Conduct of Staff: 

To uphold the image and dignity of the institution, it is desirable that every director / officer / employee of IDBI Bank Ltd. should
demonstrate a high degree of conduct and integrity, as under: 

a sense of fair play, impartiality and promptness in disposing of cases and show courtesy and consideration in
public dealings; 
keeping in mind the objective of IDBI Bank Ltd., to contribute his / her mite through integrity, dedication and
competence; 
restrain from participating or assisting in any activity, which is detrimental to the interest of IDBI Bank Ltd. or is
in competition to the interest of IDBI Bank Ltd.; 
not use or influence by virtue of the position held in the bank for obtaining favours ofany kind for himself /
herself or any members of family or friends or equivalent person with any constituent / borrower / client / customer; 
be cost conscious and plug all wastes and leakages, to remain competitive; 
not to be negligent or show lack of devotion to duty any time and 
not to show any favouritism or commit any irregularity in inviting tenders an awarding contracts or cultivate too
much friendship with the Bank's contractors / suppliers. 

17. Regulatory Compliance: 

A Director / officer / employee shall, in his business conduct, comply with all applicable laws and regulations. 

18. Securities Transactions and Confidential Information: 

A Director / officer / employee of IDBI Bank Ltd. and their family members shall not derive any benefit or assist others to derive
any benefit from the access to and possession of information about IDBI Bank Ltd. which is not in the public domain and thus
constitutes insider information. The Director / officer / employee of IDBI Bank Ltd. shall maintain confidentiality of all price
sensitive information. Unpublished price sensitive information would be disclosed only to those within the company who need the
information to discharge their duty. 

19. Conflict of Interest: 

The Directors / officers / employees of IDBI Bank Ltd. shall always conduct themselves in an honest and ethical manner and in
the best interest of the Bank. Towards this, the directors, officers and employees of IDBI Bank Ltd. shall endeavour to avoid
situations that may lead to an actual or potential conflict between person's private interest and the interest of the Bank, including
its affiliates and subsidiaries. While it may be difficult to list all the situations of conflict of interest, the following are illustrative
examples of some of the situations, which may constitute a Conflict of interest: 

 a Director/ officer/ employee engages in any business, relationship or activity which might detrimentally conflict with the
business of IDBI Bank Ltd. 

 a Director / officer / employee receives improper personal benefits as a result of his official position in IDBI Bank Ltd. 
  a Director / officer / employee is in a position to make, influence or benefit from the decisions relating to the transaction.  

If such and other instances of conflict of interest exist due to any historical reasons, adequate disclosures by the interested
employees should be made to the management. 

20. Gifts and Donations: 

The Director / officer / employee of IDBI Bank Ltd. shall not solicit or accept any gifts /donations of more than modest value from
a constituent of IDBI Bank Ltd. or from any subordinate employee or from existing / potential clients or third parties having
business dealings with IDBI Bank Ltd. 

21. Gender Friendly Workplace: 

As a good corporate citizen, IDBI Bank Ltd. is committed to a gender friendly workplace. IDBI Bank Ltd. demands, demonstrates
and promotes professional behaviour and respectful treatment of all employees. 

22. Prohibition against participation in politics and standing for election: 

No employee shall take an active part in politics or in any political demonstration, or stand for election as member of a Municipal
Council, district Board or any other Local Body or any Legislative Body. 

23. Protection of Bank's assets: 

The assets of IDBI Bank Ltd. shall not be misused but employed for conducting the business for which they are duly authorised. 

24. Ethics and Compliance Committee: 

The Ethics and Compliance Committee comprising few independent directors of the Board, an Executive Director, Chief
Vigilance Officer of IDBI Bank Ltd. and the Compliance Officer and any other officer so nominated, will oversee the compliance
of the Code of Conduct and Ethics.

PREVIOUS 3 MONTHS RELEASES

Clarification 31/07/2019

Launch of Portfolio Management Services by IDBI Bank 24/07/2019

IDBI Bank executes Corporate Agency tie-up with The New India Assurance Co. Ltd 19/07/2019

IDBI Bank announces Corporate Agency tie-up with Tata AIG General Insurance Company
18/06/2019
Limited

IDBI Bank reduces Marginal Cost of funds based Lending Rate (MCLR) 12/06/2019

IDBI Bank Ltd. enters into Standalone Health Insurance tie-up with Max Bupa 10/06/2019

IDBI Bank Charting A New Course Stepping Towards Turnaround. Highlights of FY 2019
30/05/2019
Financial Results

Synergy Initiatives between IDBI Bank & LIC of India 22/05/2019

IDBI Bank extends relief to its retail customers of Odisha State 10/05/2019
PREVIOUS 6 MONTHS RELEASES

IDBI Bank launches Instant Online Account Opening Process for Non Resident Indians 16/04/2019

IDBI Bank launches Web and Mobile Based digitized interface for Savings Account Opening 15/04/2019

IDBI Bank increases Marginal Cost of funds based Lending Rate (MCLR) 11/04/2019

IDBI Bank on a Turn Around Path 13/03/2019

IDBI Bank & LIC of India sign BANCA Agreement 27/02/2019

PREVIOUS 1 YEAR RELEASES

Highlights of Q3 FY 19 (Quarter and nine months ending December 31, 2018) Financial Results 04/02/2019

LIC completes 51% controlling acquisition in IDBI Bank 21/01/2019

Highlights of Q2 FY 19 (Quarter and Half year ending September 30, 2018) Financial Results 14/11/2018

Inauguration of Vigilance Awareness Week at IDBI Bank Ltd. 01/11/2018

Shri Rakesh Sharma appointed as the Managing Director & Chief Executive Officer of IDBI Bank 10/10/2018

IDBI Bank increases Marginal Cost of funds based Lending Rate (MCLR) 10/08/2018

ABOVE 1 YEAR RELEASES

IDBI Bank increases Marginal Cost of funds based Lending Rate (MCLR) 11/07/2018

Shri B. Sriram appointed as the Managing Director & Chief Executive Officer of IDBI Bank 30/06/2018

IDBI Bank accelerates its retail banking strategy 28/06/2018

Highlights of FY 2018 (Year ending March 31, 2018) Financial Results 25/05/2018

IDBI Bank increases Marginal Cost of funds based Lending Rate (MCLR) 14/05/2018

News Clarification - Investigation by CBI on default case of Rs. 600 crore loan taken from IDBI
26/04/2018
Bank
 Engagement of Executive Search Consultants 12/04/2018

Development of Competency Framework 02/04/2018

IDBI had made 100% provisions for old Pisciculture loans given during 2009-13 31/03/2018

IDBI Bank improves Audit Systems 27/03/2018

PRODUCTS

 Preferred Banking
 Savings Account
 Flexi Current Account
 Corporate Payroll Account
 Fixed Deposit & Lockers
 Loans
 Pradhanmantri Social Security Scheme
 Cards
 PayApt-Mobile Wallet 
 24 Hours Banking
 JusTab
 Trusteeship through ITSL
 Sukanya Samriddhi Account

INVESTMENTS

 DBI Samriddhi Portal

 Investment Advisory
 Capital Market
 Public Provident Fund, 1968

IDBI Group

IDBI Bank is a pioneer Institution in Nation building. To cater to its ever-expanding needs, IDBI Bank has formed subsidiaries & joint
ventures across diverse areas of Banking & Financial System.

  IDBI Capital Markets & Securities Limited (ICMS)    

     

ICMS, a wholly owned subsidiary of IDBI Bank, started as a Broking and Distribution company
in 1993. Currently its businesses include Merchant Banking, Stock Broking, Distribution of
Financial Products, Corporate Advisory Services, Debt Arranging & Undertaking, Portfolio
   
Management of Pension / PF Funds & Research services. 

Invest online – Equities, MF & IPOs - www.idbidirect.in

       
  IDBI Intech Limited (IIL)    

     

IIL was incorporated in March 2000, as a wholly owned subsidiary of IDBI Bank to undertake
the IT related activities of the Bank. The major business activities of the company are
  Information Technology Services, Information Security Practices, National Contact Center and  
Outbound Sales Team . 
Website : www.idbiintech.com

       

  IDBI Asset Management Limited (IAML)    

     

IAML was incorporated on January 25, 2010 and is a subsidiary of IDBI Bank Ltd. IAML is the
investment manager of schemes launched by IDBI Mutual Fund (“The Fund”). The Fund offers
  a bouquet of products in equity, debt and gold to suit the diverse and varying needs and risk
profile of investors. 
Website :www.idbimutual.co.in

       

  IDBI MF Trustee Company Limited (IMTCL)    

     

IMTCL, a wholly owned subsidiary of IDBI Bank, was incorporated on January 25, 2010. The
company acts as the Trustee of IDBI Mutual Fund. As per SEBI Mutual Fund Regulation 1996,
  the Trustees ensure that all the activities of the Mutual Fund are carried out within the  
regulatory frame work. 
Website :www.idbimutual.co.in

       

  IDBI Trusteeship Services Ltd (ITSL)    

     

ITSL was incorporated on March 8, 2001 for carrying out trusteeship and other related
business. Consequent to acquisition of additional 14.92% shares of ITSL on October 01, 2011,
IDBI Bank’s shareholding in ITSL increased from 39.78% to 54.70% and it has became a
subsidiary of IDBI Bank. The company’s present operations include, acting as trustees to
   
securitization transactions, acting as Bond/Debenture trustee, Security trusteeship
assignments, Share pledge Trustee, Venture Capital Fund, Safe Keeping, Escrow Agency and
other trusteeship services.
Website : www.idbitrustee.co.in

     

  IDBI Federal Life Insurance Company Limited (IDBI Federal)    

     
 IDBI Federal is a Joint Venture Life Insurance Company of IDBI Bank Ltd., The Federal Bank
Ltd. and Ageas Insurance International (Ageas). IDBI Federal commenced operations in
March 2008. IDBI Bank holds 48% equity shares in IDBI Federal whereas Federal Bank Ltd.
and Ageas hold 26% equity shares each. The Company’s life insurance business comprises
individual life and pension and group life, including non-participating, health and linked
  segments. 

IDBI Federal has Bancassurance partnership with IDBI Bank and the Federal Bank and also
distributes its products through its own network. To further diversify its distribution base, it has
set up an Alternate & Direct Distribution channel. 
Website : www.idbifederal.com

IDBI Bank provided financial assistance Under CSR to Directorate of Youth Affairs and Sports, Govt. of Tripura for
purchase of Gymnastics equipment. (L-R) Mr. K. P. Nair, DMD, IDBI Bank (2nd from Left), Olympian Gymnast Ms.
DipaKarmakar, Shri Bishweshwar Nandi, Dronacharya Awardee, Shri Sahid Choudhuri, Hon’ble Minister, Youth
Affairs & Sports, Govt. of Tripura, and Shri PabitraKar, Hon’ble Dy. Speaker, Tripura Legislative Assembly.

Recognition of our CSR Initiatives

IDBI Bank’s initiatives in the CSR area continue to demonstrate its consistent commitment towards making a visible and lasting
change in various realms of society. The following are the notable Awards won by the Bank as an apposite recognition of the its
enhanced stature as a responsible corporate citizen.

Financial Year (2015-16)

  Lions CSR Precious Award 2016 for exemplary work in the field of social service
  Fifth Annual Greentech CSR Award 2015 in the Platinum category
Financial Year (2014-15)
  SKOCH Order of Merit for CSR in the SKOCH Financial Inclusion & Deepening Award 2014.
‘Best Corporate Social Responsibility Practices’ in the Banking Category at the Lokmat Banking, Financial Services &
 
Insurance (BFSI) Awards, 2014
  ‘Best Corporate Social Responsibility Practices’ in the Banking Category at the Responsible Business Awards, 2014.
Financial Year (2013-14)
  Golden Peacock Award for Corporate Social Responsibility for 2013 under the Banking (PSU) category
  Third Annual Greentech CSR Award 2013 in the Platinum category
‘Best Corporate Social Responsibility Practices’ in the Banking Category at the ABP Banking, Financial Services &
 
Insurance (BFSI) Awards, 2014
Financial Year (2012-13)
  Second Annual Greentech CSR Award 2013 in the Silver category

Home > Corporate Social Responsibility > Our CSR Documentary

Our CSR Documentary

IDBI Ladakh Project

‘Adoption of Taru village in Ladakh’ is a recently completed project (April 2011 – March 2016) that involved collaborative
intervention by IDBI Bank with Tata Institute of Social Sciences (TISS) and Ladakh Autonomous Hill Development Council
(LAHDC), to rebuild the lives and livelihood of a tiny hamlet named Taru in Leh, Ladakh, which was ravaged by a flash-flood in
2010, and its transformation into a “Model Village”, based on a unique community participation and ownership model, through a set
of pre-determined program activities, involving strengthening of community mechanisms and capacity building, among other
initiatives. Recognizing the need of sustainable livelihood options against a backdrop of poverty, the project includes strengthening
of income sources through value addition, marketing support, insurance, etc., counseling to farmers on cash crops and capacity
building of local populace and panchayat leaders. The project as envisaged encouraged direct participation from the affected
community and instills in them a sense of responsibility and ownership of the assets (soft/ hard) created during the entire tenure of
the project such as footbridges, water reservoirs, irrigation canals, etc. The village is expected to serve as a model for emulation in
similar geographical terrains.

The project has been a game changer CSR initiative not just for IDBI Bank but also for Taru village. The journey of Taru village from
a disaster-hit area to a model village has been captured into a documentary titled ‘Taru Zameen Par’ (Click here to view video. ).
A second documentary film is in the offing that will capture the status of Taru village post project completion. The project has also
won several prestigious awards.

IDBI-NEDFi Project
North Eastern Development Finance Corporation (NEDFi) was promoted by erstwhile IDBI and has been engaged in various
developmental and promotional activities in the north east region since its inception. IDBI collaborated with NEDFi to build a
Common Facility Centre for Bagurumba Weaving Development Trust (a socially backward tribal group of women) to facilitate
production of handloom products and a few other activities in Chatra Village, Nalbari district, Assam.

The project has empowered the women by providing them a sustainable livelihood and rural entrepreneurship skills. In addition, the
project has helped in social integration of the women and their families.

The journey of these women has been captured in a short documentary film.

Home > Career

Career

In our continuous endeavor to improve the selection process for recruitment at all levels in IDBI Bank, we have carried out an in-
depth study of the competencies required to succeed in IDBI Bank. 

As a rapidly growing organization we look to induct talent from various reputed business schools/educational institute across the
country. Enthusiastic and talented youth form the backbone of our banking operations and will become our future leaders. What we
offer is the grooming needed to be the best. We offer a wide range of careers in all functions including - Finance, Marketing,
Operations and Human Resources.

We are proud of our ability to nurture individuals and provide them the space and empowerment they need to hone their talents.
Our size gives us the unique ability to provide fast growth and high responsibility early in one’s career as well as multiple avenues to
reach the top. 

CAUTION

It has come to IDBI Bank Ltd.'s attention that some unscrupulous persons /recruitment agencies have been making job offers in the
name of IDBI Bank Ltd. by issuing fake offer letters, using Bank's name, logo and address in fake stationery. The Bank has not
hired the services of any agency or individual to recruit personnel on its behalf or collect any money/commission/charges for training
etc. General public is hereby advised to exercise caution while dealing with such unscrupulous persons/agencies.

Home > Career > Current Opening

Current Opening

CAUTION

It has come to IDBI Bank Ltd.'s attention that some unscrupulous persons /recruitment agencies have been making job offers in the
name of IDBI Bank Ltd. by issuing fake offer letters, using Bank's name, logo and address in fake stationery. The Bank has not
hired the services of any agency or individual to recruit personnel on its behalf or collect any money/commission/charges for training
etc. General public is hereby advised to exercise caution while dealing with such unscrupulous persons/agencies. 

(A) Recruitment Notification for Admissions to Manipal School of Banking-2019-20

  I  Detailed Advertisement
  II  Online Application for Admissions to Manipal School of Banking-2019-20
  III   Corrigendum to Recruitment Notification for Admissions to Manipal School of Banking 2019-20  
“Revised Time Line for Submission of Online application and Revised Dates for Online Test”
  IV  Call letter for Pre- Examination Training (PET) 
  V  Call letter for Online Exam 
  VI  Information Handout For Online Exam 
(a) Information Handout in English 
(b) Information Handout in Hindi 
  VII Scribe Declaration Form