IDBI BANK

(Industrial Development
Bank Of India)
GROUP MEMBERS
VAIBHAV - 10
HITENDRA - 19
PRASHANT - 26
OMKAR - 31
AMEY - 41
AMISH -63
RAJ -68
SHASHANK -72
 CONTENTS
INTRODUTION OF IDBI BANK .
HISTORY OF IDBI BANK.
RECENT DEVELOPMENTS.
OVERVIEW OF DEVELOPMENT BANKING
IN INDIA.
INDUSTRIAL INVESTMENT BANK OF INDIA
Ltd.
FUNCTIONS OF IDBI BANK.
CONCLUSION.
REFERENCE.
 INTRODUCTION OF IDBI BANK
TYPE PUBLIC - (BSE:500116)
INDUSTRY - BANKING FINACIAL SERVICES
FOUNDED - JULY 1964
HEADQUARTERS - MUMBAI, INDIA
KEY PEOPLE - SHRI R.M. MALLA,CMD
PRODUCTS - Finance and Insurance
REVENUE - Rs. 20,684.47 crore
OPERATING INCOME - Rs 4,157.85 crore
NET INCOME - Rs. 1,650.32 crore
EMPLOYEES - 8,989
HISTORY OF IDBI BANK
In 16 February 1976, the ownership of IDBI
was transferred into Government of India.
GOVT. shareholding in the bank came down
below 100% following IDBIs public issue in
july 1995
IDBI has played a pioneering role in
fulfilling its mission of promoting industrial
growth through financing of medium and
long term projects, in consonance with
national plans and priorities.
IDBI has firmed up the infrastructure,
technology platform and reorientation of its
human capital to achieve smooth transition.
 RECENT DEVELOPMENTS
IDBI has taken steps to reshape its role from a
development financial inst. to a commercial inst.

GOVT. of india now owns 65% stake in IDBI bank.

Hence IDBI bank is also refer as The New
Government Owned Bank.

IDBI bank has recently inaugurated its branch

number 875 at OOTY, Tamilnadu.

IDBI bank has bought 10% stake in upcoming

commodity bourse universal commodity
exchange (UCX) for Rs 10 cr.
IDBI COMMENCED IN INSURANCE

In this new life insurance

venture IDBI owns 48%.
Till 31st march 2009 they
have received 300cr in
form of premium.

But now this venture is

know as IDBI FEDERAL
LIFE INSURANCE
COMPANY
DEVELOPMENT
BANKING IN
INDIA
The concept of
development
banking rose only
after second world
war, after the great
depression in 1930.
As result IBRD was
set up in 1945 as
worldwide
institution for and
reconstruction.
At the time of
Independence in
1947, India had a
fairly well-
developed
banking system.
Specialised
development
financial
institutions such
as the IDBI,
NABARD, NHB
and SIDBI etc.
 INDUSTRIAL
INVESTMENT
BANK OF INDIA
The Industrial
Reconstruction
Corporation of India
Ltd. Setup in 1971.
The Industrial
Reconstruction
Corporation of India
Ltd. In 1985 under
the IRBI Act ,1984.
But on 17th Dec.2005
the IDBI rejected any
such Merger.
 FUNCTION OF IDBI
DEPOSITS
PROVIDE LOAN
DIRECT TAX
PAYMENT
BANKING THROUGH
MEDIUM
INVESTMENT
ADVISORY
OTHER FUNCTION
 DEPOSITS

DEPOSITS

SAVINGS ACCOUNT
CURRENT ACCOUNT
FIXED DEPOSITS
 PROVIDE LOAN
HOME LOAN
ADVANTAGES OF IDBI BANK ULTRA
FLEXIBLE HOME LOAN
In this scheme the interest rate
is attractive.
EMI on daily reducing balance.
Simple documention legal and
technical assistance.
 FEATURES
Loan can be
applied for a
maximum of
90% of the
property.
Security for the
loan is 1st
reference of the
property to be
financed.
 TAX
BENEFITS
As per the current
finance bill you can
get a maximum
deduction of Rs.
1,50,000/-.
A maximum
deduction of Rs.
1,00,000/- on the
principal repaid.
 EDUCATION
LOAN
Courses eligible for
IDBI Education loan .
Quantum of loan
Repayment of IDBI
Education loan.
 AUTO LOANS
Personal car loans are
loans which you obtain
your own name for the
purchasing a car.
They can not be used for
other expenses.
Personal car loans are the
responsibility of the
individual who signed for
loans and not their
company business.
 PERSONAL
LOAN

Personal loans are tricky

u never quit it , if it
necessary.
Personal loans are luxury
you will be paying back
next few year.
The need for personal
loans is never ending .
 DIRECT TAX
PAYMENT
RBI gives
authority to
collect all direct
taxes like income
tax, wealth tax,
corporation tax
and so on.
 BANKING THROUGH MEDIUM

NET BANKING
MOBILE BANKING
DEBIT CARD
 INVESTMENT ADVISORY
IDBI Bank investment advisory cell provide
specially design investment solution to meet
your financial objective.

Such solution will be carefully crafted and well

orchestrated move in pursuit of people
dreams.
 OTHER
FUNCTIONS
Open account with no
charges and provide
free services on
saving account.
IDBI Bank constantly
emphasizes on lending
to agriculture sector.
Also IDBI Bank give
loan against crop
receivable, Warehouse
contract farming etc.
 CONCLUSION
IDBI Bank has taken the initiative
for development of industries and
agriculture.
IDBI provides free services on
savings account
It opens accounts with no charges.
On september2010 IDBI bank
offers services to customer free of
cost
 REFERENCES
http://.bseindia.com/bseplus/
StockReach/
AdvanceStockReach.aspx?scipcode
=500116

http://www.expressindia.com/fe/dail
y/19980505/12555134.html

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15idbi.htm.retrived2010-07-26