MoneyWorks4Me

IDBI Bank eyes to raise share of retail book to 29% of total advances in FY19

29 Jun 2018 Evaluate

IDBI Bank is eyeing to raise the share of structured retail book to 29% of the total advances by March 2019 from 25% last year.

In order to achieve this, the Bank is also looking to enhance its non-mortgage book (personal, car and education loan) and looking at the higher spread available in these segments.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

Peers
Company Name CMP
HDFC Bank 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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