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  #1  
Old January 30th, 2018, 09:24 AM
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Default IDBI Micro Loan

Hi buddy here I have come to collect info of IDBI Bank MICRO / Short term loans – so will you plz let me know about the same here , as my sister asking me about the same?
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  #2  
Old January 30th, 2018, 09:24 AM
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Default Re: IDBI Micro Loan

IDBI Bank was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.

IDBI Bank MICRO / Short term loans is sanctioned to existing clients with investment grade rating, having good track record of relationships. STL is generally granted for meeting short-term cash flow mismatches or as bridge finance against financial closure, the take out is envisaged from the RTL, to be sanctioned, at times, by the 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)
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