#1
11th October 2017, 11:52 AM
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Functions Of IDBI
Hi buddy I want to know about Functions Of IDBI Bank , so would you plz tell me about the same here , as my one of the friend asking me for it?
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#2
11th October 2017, 12:52 PM
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Re: Functions Of IDBI
IDBI Bank is an Indian government-owned financial service company, headquartered in Mumbai, India. The main functions of IDBI are as follows: (i) To provide financial assistance to industrial enterprises. (ii) To promote institutions engaged in industrial development. (iii) To provide technical and administrative assistance for promotion management or expansion of industry. (iv) To undertake market and investment research and surveys in connection with development of industry. Functions Of IDBI Bank Bank profile: Type Government-owned bank Traded as BSE: 500116 NSE: IDBI Industry Banking, Financial services Predecessor IDBI Founded 1 July 1964, 52 years ago Headquarters Mumbai India Key people Mahesh Kumar Jain(Managing Director & CEO) Products consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management, Agriculture Loan Revenue 28,043.10 crore (US$4.4 billion) (2016) Operating income 5,370 crore (US$840 million) (2016) Net income -3,664.80 crore (US$−570 million) (2016) Total assets 374,372.12 crore (US$58 billion) (2016) Number of employees 17,570 (March 2016) Capital ratio 11.76% (2016) |