Is IDBI a good bank?
Sarah Cherry
Updated on May 07, 2026
Its a good bank to bank with, in a market where most of the banks from public to private sector are hiking there bank charges, IDBI bank is providing us free NEFT , IMPS , Demand Draft, Checkbook etc. The best thing is they do not charge transaction fee for IRCTC transactions as well.
Similarly, you may ask, is IDBI Bank safe and good?
The capital adequacy ratio has moved up to 12.56 per cent after the LIC pumped in over Rs 30,000 crore into the bank to take a majority stake. The Tier-1 capital is also comfortable at 10.16 per cent. The asset quality is still very bad.
Similarly, which bank is better HDFC or IDBI? HDFC Bank site is better than ICICI Bank, less cluttered user friendly and all that. The preference can be HDFC, IDBI, ICICI considering the convenience of yours.
Thereof, which bank is better IDBI or SBI?
Well, IDBI offers a 4% p.a. Interest on your savings while SBI has further cut it down to 3.5% p.a. It would be better open an account with digibank by DBS - currently they are offering upto 7% p.a. and opening an account with them is pretty has hassle-free. Is idbi nationalized bank?
What is the salary of IDBI executive?
The Executive will be paid a lump sum/fixed remuneration as per the following chart: Consolidated remuneration Rs. 22,000/- per month in the first year, Rs. 24,000/- per month in the second year and Rs. 27,000/- per month in the third year of service.
Related Question Answers
Is IDBI bank in trouble?
Persisting bad loan issues and weak capital ratio in the June quarter, have weighed on the stock. Bailing out IDBI Bank has cost Life Insurance Corporation (LIC) very dear. The massive ₹21,624 crore of capital that LIC infused into the ailing bank last fiscal, has been sucked into the bank's losses.Is IDBI Bank shutting down?
"Nine banks will be closed permanently by Reserve Bank of India. The names of the banks are Corporation Bank, UCO Bank, IDBI, Bank of Maharashtra, Andhra Bank, Indian Overseas Bank, Central Bank of India, Dena Bank and United Bank of India.Which bank is safest in India?
Amid financial back to back jolts to banks, first PMC and now Yes Bank, Chief Economic Adviser K V Subramanian assured that Indian banking sector is among the safest and there is absolutely no reason to worry.Is IDBI a govt bank?
IDBI, set up in 1964 under an Act of Parliament, is regarded as a public financial institution under the Companies Act, but the government has ceded its management control in the firm. Hence, the confusion. The government now holds a 46.46% stake in the bank.Which bank is safe for FD?
3. Compare Interest Rates from different Banks| BANK | Normal Citizens | Senior Citizens |
|---|---|---|
| State Bank of India | 5.75% – 6.85% | 6.25% – 7.35% |
| HDFC Bank | 3.50% – 7.40% | 4.00% – 7.90% |
| ICICI Bank | 4.00% – 7.50% | 4.50% – 8.00% |
| Axis Bank | 3.50% – 7.60% | 3.50% – 8.25% |
Which is the No 1 bank in India?
HDFC Bank: HDFC Bank has been ranked India's No. 1 Bank in forbes' world's Best bank report.Is yes bank safe now?
Your money with Yes Bank is absolutely safe, Shaktikanta Das tells depositors. Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das on Monday assured all depositors of Yes Bank Ltd that their money is safe and there is no reason to withdraw cash in panic. No reason for panic withdrawal or undue worry," he said.Is SBI bank safe?
"Take for instance, SBI which is amongst the top 100 banks of the world. It is as safe as it gets in terms of a bank. The m-cap ratio of SBI is an order of magnitude higher than the private sector banks which shows that m-cap ratio is a wrong measure to assess the safety of the bank," Subramanian said.Is IDBI private now?
Although IDBI Bank is technically a private entity, its controlling stake is with LIC, which a 100 per cent government controlled entity. LIC, the major stakeholder in IDBI Bank, is a government-run entity, which helps the bank retain its public sector character.Is SBI government or private?
State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.Is IDBI Bank become private?
IDBI Bank, LIC ink bancassurance pact The RBI, on Thursday, said that IDBI Bank has been categorised as a private sector bank for regulatory purposes with effect from January 21, 2019. This follows Life Insurance Corporation of India (LIC) acquiring 51 per cent of the total paid-up equity share capital of the bank.How IDBI is different from other banks?
The hierarchy in the bank was also quite different from other banks. The salary structure of IDBI Bank resembled that of the Reserve Bank of India (RBI). As such, IDBI Bank employees were paid higher salaries than their counterparts in other public sector banks.Are private banks regulated by RBI?
RBI categorises IDBI as a private bank. In a circular, the central bank said that IDBI Bank has been categorised as a 'Private Sector Bank' for regulatory purposes by Reserve Bank of India with effect from January 21, 2019 consequent upon LIC acquiring 51 per cent of the total paid-up equity share capital of the bank.How can I change my address in IDBI Bank?
How to Update Your Address with IDBI Bank- Gather the necessary documents(ID & Address Proof)
- Write an application to the Branch Manager( with your name, account number, old address, and new address).
- Fill in the concerned form.
- Submit your address proof documents to the branch manager.
Is IDBI bank safe?
Your deposits with IDBI is as safe as it would have been with SBI or ICICI. However, in case you still feel insecure about your deposits you can always liquidate them pre-maturely if these are not in tax saving mandatory locked-in tenure schemes.Which bank in India gives highest salary?
STATE BANK OF INDIA (SBI) SBI, also holds the glory of being the highest paying public sector bank in India and because of this job at the State Bank of India truly lucrative, which is considerably more than that offered by the competitor banks.Is IDBI Bank is Nationalised?
IDBI is a public sector bank but NOT nationalized . No it's not a nationalised Bank. Idbi ( Industrial Development Bank of India )was set up in 1964 with the act of Parliament and was a wholly own subsidiary of RBI. Later its shares were transferred to Government of India in 1976.What is the salary of Po in IDBI Bank?
IDBI Bank PO Salary in Details| Basic Salary | 14400 |
|---|---|
| Grade Allowances | 2425 |
| Conveyance | 4077 |
| Mobile bill | 60 |
| Total | 43553 before deduction in semi-urban areas. |
