MoneyWorks4Me

IDBI Bank's gold loan book crosses Rs 10,000 crore landmark

05 Jul 2022 Evaluate

IDBI Bank's gold loan book has achieved a prestigious milestone and has crossed Rs 10,000 crore landmark. In the last two years, the bank's gold loan book has doubled from Rs 5,000 crore to Rs 10,000 crore. The bank’s loan processing system is fully automated and this has helped in the growth of the gold loan book. Customers complete the transactions generally in 10-15 minutes.

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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