Idbi Bank Limited
IDBI Bank is engaged in the business of Monetary intermediation of commercial banks, saving banks, postal savings bank and discount houses. The IDBI Bank Limited (IDBI Bank or IDBI) is a Scheduled Commercial Bank under the ownership of Life Insurance...
Key Metrics
EPS
5.38
Current ratio
0.09
Debt/Equity
6.12
Debt/EBITDA
34.97
Interest coverage ratio
-
Operating Cashflow to total debt
-0.00
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Strong expectation of support from GoI
Strong capitalization and healthy deposit profile
Improving earnings profile
Improving asset quality metrics
Liquidity: Strong
Cons
Muted growth in overall advances
Deterioration in asset quality due to higher slippages and net NPA ratio rising above 5%
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About Idbi Bank Limited bond.
This comprehensive profile covers key factual information about Idbi Bank Limited. IDBI Bank is engaged in the business of Monetary intermediation of commercial banks, saving banks, postal savings bank and discount houses. The IDBI Bank Limited (IDBI Bank or IDBI) is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India (LIC) and Government of India. It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India 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 subsidiary commercial division, IDBI Bank, and was categorised as "Other Development Finance Institution" category. Later in March 2019, Government of India asked LIC 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. Consequent upon LIC acquiring 51% of the total paid-up equity share capital, the bank was categorised as a 'Private Sector Bank' for regulatory purposes by Reserve Bank of India with effect from 21 January 2019. IDBI was put under Prompt Corrective Action of the Reserve Bank of India and on 10 March 2021 IDBI came out of the same. At present direct and indirect shareholding of Government of India in IDBI Bank is approximately 95%, which Government of India (GoI) vide its communication F.No. 8/2/2019-BO-II dated 17 December 2019, has clarified and directed all Central/State Government departments to consider IDBI Bank for allocation of Government Business. [6] Many national institutes find their roots in IDBI like SIDBI, EXIM,[7] National Stock Exchange of India, SEBI, National Securities Depository Limited. Presently, IDBI Bank is one of the largest Commercial Banks in India. The bank has an aggregate balance sheet size of ₹3.74 trillion as of 31 March 2016.[8] It has 2,036 Retail Banking Branches and 3,269 ATMs spreading all over India as of 31 September 2024, including one overseas branch in Dubai, 58 e-lounges and 1,481 Centres as of 1 August 2023.[9] As of September 2021, LIC holds 49.24% shareholding and the Government of India holds 45.48%, with LIC being in control of the management of the bank. EPS in Mar-2024 was 5.38. Current ratio in Mar-2024 was 0.09. Debt/Equity in Mar-2024 was 6.12. Debt/EBITDA in Mar-2024 was 34.97. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.00. Total revenue for Mar-2025 (E) was ₹33446.14. Net income for Mar-2025 (E) stood at ₹7262.63. Total assets as of Mar-2024 were ₹364,580.39. Total liabilities as of Mar-2024 were ₹313,354.47. Operating cash flow for Mar-2024 was ₹-1,225.90. Peers and comparison entities consist of IDBI Bank Limited, HDFC Bank Limited, ICICI Bank Limited, Kotak Mahindra Bank Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Strong expectation of support from GoI; Strong capitalization and healthy deposit profile; Improving earnings profile; Improving asset quality metrics; Liquidity: Strong. Key risks include: Muted growth in overall advances; Deterioration in asset quality due to higher slippages and net NPA ratio rising above 5%. Leadership team details include Ajay Prakash Sawhney (Independent Director), Asha Rajiv (Chief Vigilance Officer), Bhuwanchandra B Joshi (Independent Director), Deepak Singhal (Independent Director), Jayakumar S Pillai (Deputy Managing Director), Jyothi Nair (Company Secretary & Compliance Officer), Manoj Sahay (Government Nominee Director), Mukesh Kumar Gupta (Nominee Director), N Jambunathan (Independent Director), P V Bharathi (Independent Director), Raj Kumar (Nominee Director), Rakesh Sharma (Managing Director & CEO), Samaresh Parida (Independent Director), Sanjay Gokuldas Kallapur (Independent Director), Smita Harish Kuber (Chief Financial Officer), Sushil Kumar Singh (Government Nominee Director), T N Manoharan (Chairman). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.