Total Networth

2,570.87 Cr.

Established in 1964, IDBI Bank Limited is owned by the government of India and the Life Insurance Corporation (LIC) of India. The development finance institution offers an impressive suite of financial services, including personal banking, corporate banking, NRI banking and MSME banking and agricultural financing. Furthermore, IDBI Bank’s shares are publicly listed and traded on the BSE and the NSE. IDBI Bank is also a major institutional investor in the Indian financial markets, with a portfolio carrying a net worth of around Rs. 790 crores as of February 2024. The bank’s holdings are distributed across different sectors in the Indian market, such as general industrials and cement & construction. Its investments include stocks of around 5 companies, with most of the funds concentrated in Suzlon Energy Limited.