What Next For IDBI Bank

IDBI now has to expand and exploit the safe-bet retail business to improve its share of retail banking both in terms of retail advances, as also low-cost current and savings accounts (CASA).

By Anand Adhikari  
Wednesday, July 11, 2018

In just one month, there have been several major developments at IDBI Bank. The leadership issue is settled with the appointment of B. Sriram, who till recently was the MD of India's largest bank - SBI.

The capital issue is also resolved with the likely entry of insurance behemoth LIC as the majority shareholder at the bank. So what's next?

IDBI now has to expand and exploit the safe-bet retail business to improve its share of retail banking both in terms of retail advances, as also low-cost current and savings accounts (CASA). It also needs to accelerate its digital offerings, focus on HR reforms and leadership development. The bank is already on a drive to sell non- core assets to reduce its burden with more liquidity at its disposal for lending, and its cost cutting drive of the past year is also likely to gain momentum and give it a competitive edge.

Anand Adhikari

Related Stories

GDP Relief
GDP Relief
GAIL Unbundled
GAIL Unbundled
The Decision Trap
The Decision Trap

Latest Stories

Rice, wheat producing countries should be concerned about India's trade-distorting policy: US
Rice, wheat producing countries should be concerned about India's trade-distorting policy: US
Delhi residents may face jail if they don't have high-security number plate on car, bike
Delhi residents may face jail if they don't have high-security number plate on car, bike
Xiaomi Poco F1 goes on open sale, to be available on Mi and Flipkart
Xiaomi Poco F1 goes on open sale, to be available on Mi and Flipkart
SPONSORED