6. 1964
• A Parliamentary Act sets up
IDBI as a subsidiary of RBI
1976
• Ownership of IDBI transferred
to the government from RBI
1994
• The RBI Act is amended to
permit 49% private ownership
7. 1995
• Domestic IPO and Government stake is
reduced
2004
• IDBI moves from its DFI status in to a
commercial bank along with a mandate for
development financing under the name of RBI
2005
• Amalgamation of IDBI Bank Ltd. with IDBI
Ltd.
8. 2006
• Amalgamation of united
Western Bank
2010
• Opens the first overseas
Branch at DIFC, Mumbai
2011
• Merges Subsidiaries, IDBI
Home Finance and IDBI Gilts
18. Problems Faced By IDBI and Solutions
Negative Mind- Set
Prefer Nearest Branch for
opening A/C
Loyal Customer of
existing banks
Minimum Rs. 5000 is
required for maintaining
the account but masses
prefers Zero Balance
Account
Less Brand Awareness
Change People’s mind
set by Advertising and
Promotional Activity
Need to spend money for
expansion so that Bank
will be available
anywhere
Review the product
which bank is offering
keep track on
competitors activity
19. IDBI Mutual Fund launched a new open ended
fund of funds scheme named “IDBI GOLD FUND &
QUO”
IDBI cuts interest rates on home loans, slashes
deposit
IDBI bank appoints B K Batra as a whole time
director
IDBI Bank has launched an online portal, IDBI
SAMRIDDHI, to sell its Certificate of Deposits(CD)
to the individual and institutional investors, thus
adding another milestone in the increasing role of
technology in banking sector