Name: Latest research reports of IDBI Bank Ltd. authored by Chola Wealth Direct and published by - Trendlyne research reports.
Item: IDBI Bank Ltd.
Rating: 5
Author: Chola Wealth Direct

IDBI Bank Ltd.

NSE: IDBI | BSE: 500116 | ISIN: INE008A01015 | Industry: Banks
| Mid-range Performer

83.1200 1.02 (1.24%)

NSE Apr 21, 2025 15:31 PM

26.15% Gain from 52W Low

Volume: 6.7M

IDBI Bank Ltd.

18 Nov 2010

83.12

1.24%

IDBI BANK - INITIATING COVERAGE

Buy: IDBI Bank Ltd.

Chola Wealth Direct

IDBI Bank offlate has been shedding its image of a DFI on both the balance sheet and income front. IDBI Bank was converted into its present form in 2004. Despite merger of its wholly owned subsidiary and United Western Bank, IDBI had retained the colours of a DFI for long. A large high cost loan book and low yielding asset book were among the key drags. Over the recent years the bank has concentrated on its liabilities side. The bank replaced high cost borrowings with high cost deposits. The bank seeks to increase its...

IDBI Bank Ltd. is trading above all available SMAs