Established in: 1964
Managing director: Rakesh Sharma
Industrial Development Bank of India (IDBI) is a scheduled commercial bank established under the Life Insurance Corporation of India and the government of India. The bank was founded in 1964 by the Government of India and was a wholly owned subsidiary of the Reserve Bank of India. The bank was initially started as a development finance institution to offer financial services to the industrial sector.
In 1995, the Industrial Development Bank of India launched their IPO and went public, raising ₹2,184 crore. After the IPO, the Government of India (GOI) stake in the bank was reduced from 100% to 72.14%. The bank was then listed on both stock exchanges, NSE and BSE.
In 2005, IDBI merged with IDBI Bank, its subsidiary commercial division and was categorised as ‘Other Public Sector Bank’.
History of IDBI Bank Limited
The Industrial Development Bank of India (IDBI) was established in 1964 under an Act of Parliament and was a 100% owned subsidiary of the Reserve Bank of India. In 1976, the Union government took over the ownership of IDBI, making it a principal financial institution engaged in financing, promoting and developing the industrial sector in India.
RBI formed a committee that recommended the development financial institution must diversify its activities and turn into conversion of IDBI to a commercial bank. As the Indian financial sector evolved, the IDBI turned into a commercial institution from a development finance institution. As per the Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003, IDBI became a limited company.
Business Segments of IDBI Bank Limited
The following are the business segments of IDBI Bank Limited.
This segment brings in the major portion of the bank’s total revenue and caters to individuals and small businesses. The bank offers services such as savings accounts, different types of loans, sector lending, and credit/debit cards along with other banking services.
Corporate banking is another revenue-generating segment which offers services such as term loans, working capital, trade finance and debt syndication to large corporations.
This segment includes all investments, money market operations, derivative trading and foreign exchange operations.
Subsidiaries of IDBI Bank Limited
The following are the subsidiaries of IDBI Bank Limited.
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IDBI Capital Market and Securities Ltd.
This is a wholly owned subsidiary of IDBI Bank Limited and offers services such as merchant banking, stock broking, portfolio management, stock broking and corporate advisory.
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IDBI Asset Management Ltd (IAML)
IDBI Intech Ltd is a wholly owned subsidiary that focuses on offering IT services and consulting to support the bank’s operations, information security and contact centres.
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IDBI Asset Management Ltd (IAML)
This subsidiary is the investment manager for IDBI Mutual Fund and handles investment portfolios that include equity, debt, and gold, developing financial schemes for investors.
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IDBI MF Trustee Company Ltd
This is a wholly owned subsidiary that acts as a trustee for the IDBI Mutual Fund.
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IDBI Trustee Service Ltd
IDBI Trustee Services Ltd offers corporate trusteeship services, which include being a debenture trustee, security trustee and escrow agent.
IDBI Bank Share Price Today
As of 14 Jun 2026, IDBI Bank share price is ₹75.39. The stock opened at ₹73.40, compared to its previous close of ₹72.31. During today's trading session, IDBI Bank share price moved in the range of ₹73.36 to ₹75.62, with an average price of ₹74.49 for the day. Looking at its last 52-week, the stock has touched a low of ₹73.36 and a high of ₹75.62. On the performance front, IDBI Bank share price has declined by 24.44% over the last six months and is down 22.74% on a year-on-year basis.
The market capitalization of IDBI Bank is ₹81,116 Crs, with a P/E ratio of 8.8 and a dividend yield of 0.00%.
