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IDBI Bank Ltd
Previous close
₹87.99
Day range
₹88.15 - ₹90.00
Year range
₹52.59 - ₹98.70
Market cap
963.95B INR
Avg Volume
778.84K
P/E ratio
18.10
Dividend yield
1.11%
Primary exchange
NSE
Market news
Financials
Income Statement
Revenue
Net income
(INR) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 41.57B | 35.60% |
Operating expense | 21.23B | 19.27% |
Net income | 15.09B | 59.66% |
Net profit margin | 36.29 | 17.75% |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | 26.76% | — |
Balance Sheet
Total assets
Total liabilities
(INR) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 128.27B | -14.49% |
Total assets | 3.48T | 13.31% |
Total liabilities | 2.99T | 13.96% |
Total equity | 495.42B | — |
Shares outstanding | 10.78B | — |
Price to book | 1.92 | — |
Return on assets | 1.77% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(INR) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 15.09B | 59.66% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
The IDBI Bank Limited is a development finance institution under the ownership of Life Insurance Corporation of India and Government of India. It was established 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 commercial division, IDBI Bank, forming the present-day banking entity and was categorised as "other development finance institution" category. Later in March 2019, Government of India asked Life Insurance Corporation 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. IDBI was put under Prompt corrective action of the RBI and on 10 March 2021 IDBI came out of the PCA. At present direct and indirect shareholding of Government of India in IDBI Bank is approximately 95%, which Government of India vide its communication F.No. 8/2/2019-BO-II dated December 17, 2019, has clarified and directed all Central/State Government departments to consider IDBI Bank for allocation of Government Business. Wikipedia
Founded
Jul 1, 1964
Website
Employees
16,254