OREANDA-NEWS. October 31, 2012. Shri R. M. Malla, Chairman & Managing Director, IDBI Bank Limited, presented a cheque for Rs.135.22 crore to the Hon'ble Union Finance Minister Shri P. Chidambaram on October 25, 2012 towards the Final Dividend payable @ Rs.1.50 per equity share for the financial year 2011-12 on the Equity Share Capital of the Bank held by the Government of India (GoI).

IDBI Bank is the youngest new generation public sector universal bank that rides on a cutting edge core banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients through its 998 branches and 1590 ATMs. The Bank had an aggregate balance sheet size of Rs. 2,71,899 crore and total business of Rs 3,59,527 crore as on June 30, 2012. IDBI Bank's operations during the quarter ended June 30, 2012 resulted in a net profit of Rs.427 Crore. The Bank’s operations during the last full financial year (2011 -12) had yielded a net profit of Rs. 2032 crore.