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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  IDBI Bank Ltd    IDBI   INE008A01015

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IDBI Bank Limited : IDBI Bank participates in the Town Hall Event at Madgaon, Goa Organized by Banking Ombudsman, Maharashtra & Goa

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04/17/2013 | 02:51pm CEST
For Immediate Publication / Broadcast / Telecast

PR/1204

IDBI Bank participates in the Town Hall Event at Madgaon, Goa

Organized by Banking Ombudsman, Maharashtra & Goa

Mumbai, April 17, 2013: In order to popularize the Banking Ombudsman Scheme 2006, formulated by Reserve Bank of India, a Town Hall Event was organized by the Office of the Banking Ombudsman, Maharashtra and Goa. The Event took place at Madgaon Cricket Stadium, Madgaon, Goa on April 5,

2013. On the occasion, normally the Banking Ombudsman selects a few banks to put up their stalls and display the product literature and other publicity materials based on their business and branch network.
However, IDBI Bank was specially chosen to set up a stall in view of their quick resolution of customer complaints. Smt. Rose Mary Sebastian, Banking Ombudsman cut the red ribbon and inaugurated the stall in the presence of Shri Dipankar De, General Manager and Principal Nodal Officer, IDBI Bank. The stall was visited by a good number of customers including those of other banks. The Town Hall Event started with an inaugural address by Smt. Sebastian, Banking Ombudsman.
The event elicited good response from a large number of customers who put forth a number of suggestions to improve customer service in the banking industry.

About IDBI Bank

IDBI Bank is the youngest, new generation, public sector universal bank that rides on a cutting edge core banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients through its 10 80 branches and 1 715 ATMs. The Bank had an aggregate balance sheet size of about Rs.2,75,000 crore and total business of about Rs.3,60,000 crore as on December 31, 2012. IDBI Bank's operations during the 9 month perio d ended December 31, 2012 resulted in a net profit of Rs. 1328 crore. The Bank 's operations during the last full financial year (2011-
12) had yielded a net profit of Rs.2032 crore.

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Financials ( INR)
Sales 2017 102 542 M
EBIT 2017 55 733 M
Net income 2017 -206 M
Debt 2017 -
Yield 2017 1,25%
P/E ratio 2017 -
P/E ratio 2018 12,95
Capi. / Sales 2017 1,44x
Capi. / Sales 2018 1,44x
Capitalization 147 926 M
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Mean consensus UNDERPERFORM
Number of Analysts 3
Average target price 51,5  INR
Spread / Average Target -28%
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Managers
NameTitle
Kishore Piraji Kharat Chief Executive Officer, Director & MD
Raj Kumar Bansal Chief Financial Officer & Executive Director
Bal Krishan Batra Executive Director & Deputy Managing Director
Ravi Sethurathnam Independent Non-Executive Director
Ninad Bhalchandra Karpe Independent Director
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