Shri R. M. Malla, Chairman and Managing Director, IDBI Bank Limited, presented a cheque for Rs.114.52 crore to Hon'ble Union Finance Minister, Shri Pranab Mukherjee on August 14, 2010 towards Dividend payable @ Rs.3/- per equity share for the financial year ended March 31, 2010 on the Equity Share Capital of the Bank held by the Government of India.
About IDBI Bank Ltd.
IDBI Bank Ltd. is a 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 726 branches and 1240 ATMs. The Bank had a balance sheet size of Rs.2,24,657 crore as on June 30, 2010. IDBI Bank's operations during the quarter ended June 30, 2010, resulted in a net profit of Rs.251 crore.