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a Better
Annual REPORT 2020-21


Towards a
Better tomorrow

Surmounting challenges in the past five years, IDBI Bank has managed to script a turnaround and has emerged as a strong contender in the banking landscape. Pursuing a multi-pronged strategy, the Bank intends on continuing its journey towards profitability and creating value for its stakeholders.

The year just past was a milestone year for IDBI Bank as it was back in the black after facing five consecutive years of losses. Despite being confronted with daunting challenges on several fronts, including those brought on by the COVID-19 pandemic, the Bank persevered on its intended strategies and stayed on course towards its stated goal of creating value for all its stakeholders.

Key Performance Indicators
A year of Transformative Performance

Surmounting the unforeseen challenges due to the COVID-19 pandemic, the Bank came out on the top. The strategic vision of the leadership team, coupled with the hard work and dedication of the staff, helped the Bank to not just ably adapt to the changes in the operational environment but also to stay true to its business objectives. The Bank’s efforts yielded results for it to emerge as a profitable bank after five consecutive years of losses.


Return on Assets (RoA)

Yield on Advances


Capital-to-Risk weighted Assets Ratio (CRAR)

Return on Equity (RoE)

Net Interest Margin

Provision Coverage Ratio (with TWO)

` 7,091crore

Operating Profit
` 8,518 crore

Net Interest Income
` 2,30,898 crore

Total Deposits
` 1,359 crore

Profit After Tax
` 2,97,764 crore

Balance Sheet Size
` 1,28,150 crore

Total Advances (Net)

Board of Directors

Shri M. R. Kumar


Shri Rakesh Sharma

Managing Director & CEO

Shri Samuel Joseph Jebaraj

Deputy Managing Director

Shri Suresh Khatanhar

Deputy Managing Director

Ms. Meera Swarup

Shri Anshuman Sharma

Shri Rajesh Kandwal

Shri Gyan Prakash Joshi

Shri Bhuwanchandra B. Joshi

Shri Samaresh Parida

Shri N. Jambunathan

Shri Deepak Singhal

Shri Sanjay Gokuldas Kallapur

Ms. P. V. Bharathi


Leadership Team (Executive Directors)

Shri P. Sitaram

Dr. Saumya S. Banerjee

Shri Madhav Phadke

Shri Ajay Sharma

Shri Shailendra Nadkarni

Shri V. Narayanamurthy

Shri Jorty Chacko

Shri Pradip Kumar Das

Shri Ashok Kumar Gautam

Shri Ajoy Nath Jha

Shri Rajeev Kumar

Shri Nagaraj Garla

Smt. Baljinder Kaur Mandal

Shri Anil C. Raj

Shri Shalil Awale

Shri Sunit Sarkar

Shri Sanjay Deshpande


Message from the

Delivering Amidst

The concerted steps taken by the Bank to strengthen its balance sheet and the focus on generating sustainable and stable growth in business over the years reflected in its performance in FY 2020-21.

M. R. Kumar


Message from the
Managing Director & CEO

Evolving Circumstances Consistent Strategy

Your Bank responded quickly and effectively to the demands of the pandemic by ensuring uninterrupted banking services, providing financial relief to households, and ensuring flow of working capital to business.

Rakesh Sharma

Managing Director & CEO

Touchpoints of the Bank
Operational Footprint Across Geographies

As on March 31, 2021


Domestic Branches




International Banking Unit (IBU) GIFT City, Gandhinagar, Gujarat


Overseas Branch in Dubai International Financial Centre (DIFC), Dubai

Some Major Events
Glimpses of
the past year

Shri Rakesh Sharma, MD & CEO, receiving the 'Trusted Brand Award 2020' in the Private Banks category conferred by Readers Digest based on a consumer survey.

Shri Rakesh Sharma, MD & CEO, paying homage to Dr. Babasaheb Ambedkar on his death anniversary.

Shri Rakesh Sharma, MD & CEO, lighting the lamp during the inauguration of 'IDBI Swarna Kalash' - Specialised Gold Loan Branches, in presence of DMDs, Shri Samuel Joseph Jebaraj and Shri Suresh Khatanhar.

Shri Suresh Khatanhar, DMD, and Shri Pradip Kumar Das, ED, receiving an appreciation certificate from Hon'ble Governor of Maharashtra Shri Bhagat Singh Koshyari at Mumbai for humanitarian service during COVID-19 pandemic.

Shri Suresh Khatanhar, DMD, inaugurated Video KYC Hub at Nariman Point, Mumbai.

IDBI Bank won three prizes (one gold, one silver and one bronze) in various categories, for its Hindi publication 'Vikas Prabha' in a competition organised by Association of Business Communicators of India (ABCI).

COVID-19 Initiatives

Making a positive impact

Contribution of ` 23.09 lakh (one day's salary) from IDBI Bank employees of Maharashtra State to the Chief Minister’s Relief Fund was handed over to Shri Ajit Pawar, Hon’ble Deputy Chief Minister of Maharashtra.

Contribution of ` 2.52 lakh (one day's salary) from IDBI Bank employees of Ahmedabad Zone to the Chief Minister’s Relief Fund was handed over to Shri Vijay Rupani, Hon'ble Chief Minister of Gujarat.

The officials of Kalpatta Branch, Wayanad, Kerala distributed refreshment packets to police and RTO officials.

PMJDY customers at Chichgarh, Nagpur, Maharashtra availing benefits of Pradhan Mantri Garib Kalyan Yojana (PMGKY) rolled out by Government of India.

Contribution of ` 2.97 lakh (one day's salary) from IDBI Bank employees of Jharkhand State to the Chief Minister’s Relief Fund handed over to Shri Rajiv Arun Ekka, Principal Secretary, Chief Minister’s Secretariat.

Contribution of ` 74,000 (one day’s salary) from IDBI Bank employees of Uttarakhand State to the Chief Minister’s Relief Fund was handed over to Shri Trivendra Singh Rawat, the then Hon'ble Chief Minister of Uttarakhand.

PMJDY customers at Chak Sardarpura, Rajasthan availing benefits of Pradhan Mantri Garib Kalyan Yojana (PMGKY) rolled out by Government of India.

The officials of Agartala Branch, Tripura distributed essential food items to underprivileged people.

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