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IDBI Bank plans to increase its business by more than double in 3 years

15 Sep 2015 Evaluate

IDBI Bank is planning to increase its business by more than double in three years. As of March 31, 2015, the bank’s deposits plus advances were Rs 468,213 crore; by the aspiration, this ought to reach Rs 10,00,000 crore by 2018.

Moreover, the three-year business plan would be taken to the board of directors for approval by the end of this month.

Peers
Company Name CMP
HDFC Bank 714.20
ICICI Bank 1360.20
Axis Bank 1269.00
Kotak Mahindra Bank 439.00
Indusind Bank 876.00
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