Is IDBI PSU Bank

Hii sir, Will you Please tell Me Is IDBI Bank is a PSU Bank or Not And Also tell Me About the Products And Services of bank ?

[pawan]

Yes, IDBI Bank is a Public Sector Bank It is a Government owned bank established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.Central government is the owner of this bank and employees will be called as Central Govt staffs

Govt holds 77% stake in IDBI Bank, has reported yet another surge in bad loans in the April-June quarter.

Products And Services :
Consumer banking,
Corporate banking
Finance and insurance
investment banking
mortgage loans
Private banking
private equity
Wealth management
Agriculture loan

Key Financial

Revenue ₹28,043.10 crore
Operating income ₹5,370 crore
Net income ₹-3,664.80 crore
Total assets ₹374,372.12 crore

Share prices
BSE 60.15
NSE 59.85

Contact Details

IDBI Bank Ltd.
IDBI Tower, WTC Complex,
Cuffe Parade, Colaba, Mumbai 400005.