IDBI Bank Ltd

PRESENTED BY :
OVAIS AGA 01
DIPESH CHAUHAN 09
ABHISHEK KUMAR 30
AMAN MEHTA 34
RAJVI SHAH 48
INTRODUCTION
IDBI Bank is a Public Sector.
IDBI Bank Limited (IDBI) is an Indian financial
service company headquartered in Mumbai, India.
It is currently 10th largest development bank in the
world in terms of reach with 1945 ATMs, 1159 branches
including one overseas branch at DIFC, Dubai and 779
centers including two overseas centres at Singapore &
Beijing.

HISTORY
" It was established in 1964 by an Act of Parliament to
provide credit and other facilities for the development
of the fledgling Indian industry.
IDBI Bank is on a par with nationalized banks and the
SBI Group as far as government ownership is
concerned.
It is one among the 26 commercial banks owned by
the Government of India.

VISION
"To be trusted partner in progress by leveraging quality
human capital and setting global standards of
excellence to build the most valued financial
conglomerate".
"One of the key differentiators that IDBI Bank found in
Financial universal banking solution was its new
generation technology and its use of the web paradigm
".
" To be the one of the most trusted and preferred bank
and enhancing value for stake holders ".




OBJECTIVES
Planning, promotion and development
Co-ordination, regulation and
supervision.
Supplementing the resources .
Devising and enforcing.
OVERVIEW OF
DEVELOPMENT BANKING
The concept of development banking.

Worldwide institution for reconstructions.

Setting up of large number of banks.
FUNCTIONS
To grant loans and advances .
To discount and re-discount bills.
To underwrite and to subscribe to shares.
To provide consultancy and merchant banking
services
Planning, promoting and developing industries.
To act as trustee .


CONT..
Direct Financial Assistance.
Indirect Financial Assistance.
Development Assistance.
Promotional Function.
SERVICES PROVIDED BY DFI
Rehabilitation Finance Department:
Home / Project Finance Scheme:
Corporate Loan:
Film Financing:
Direct Discounting of Bills:









Steps to reshape its role.
RBI issued the requisite notification on September 30,
2004 incorporating IDBI Ltd. as a 'scheduled bank'
under the RBI Act, 1934.
Consequently, IDBI, the erstwhile Development
Financial Institution of the country, formally entered
the portals of banking business as IDBIL from October
1, 2004, over and above the business currently being
transacted

Recent developments
Foreign Exchange Services:
Spot Contracts:
It is a commitment by the client to buy or sell one
currency against another at a fixed rate for delivery
two business days after the transaction.
Forward Contracts:
Forward contract is a contract to buy or sell
currency on a future date at a predetermined rate.

Bank Policy
Gifts & donations.
Gender friendly workplace.
Prohibition against participation in politics and
standing for election.
Protection of Banks Assets.

CSR Activity.