IDBI Bank LtdBOM 500116 Stock Report

IDBI Bank Ltd. engages in the provision of commercial banking services to retail and corporate customers. The company is headquartered in Mumbai, Maharashtra and currently employs 17,850 full-time employees. The firm's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Treasury segment includes all investments, money market operations, derivative trading, and foreign exchange operations on the proprietary account and for customers. The Retail Banking segment includes credit and deposit activities that are primarily oriented towards individuals and small business including priority sector lending. The Retail Banking segment also encompasses payment and alternate channels like automated teller machine (ATMs), point of sale (POS) machines, Internet banking, mobile banking, credit cards, debit cards, travel/currency cards, third party distribution and transaction banking services. The Corporate/Wholesale Banking segment includes corporate relationship covering deposit and credit activities other than retail. The firm also covers corporate advisory/syndication and project appraisal.