A Presentation on

By: Spreeha Jaiswal Shreyashi Pandey

and Utkarsh Varshney

Overview of development banking in India

• Development Banking emerged after the Second World War and the Great Depression in 1930s. The demand for reconstruction funds for the affected nations compelled in setting up of national institutions for reconstruction. At the time of Independence in 1947, India had a fairly developed banking system. The adoption of bank dominated financial development strategy was aimed at meeting the sectoral credit needs, particularly of agriculture and industry. Towards this end, the Reserve Bank concentrated on regulating and developing mechanisms for institution building. The commercial banking network was expanded to cater to the requirements of general banking and for meeting the short-term working capital requirements of industry and agriculture. Specialised development financial institutions (DFIs) such as the IDBI, NABARD, NHB and SIDBI, etc., with majority ownership of the Reserve Bank were set up to meet the long-term financing requirements of industry and agriculture.

EXECUTIVES

Kishore Kharat(MD)

B.K. Batra(Deputy md)

S. Ravi

Snehalata Srivastava

General Code Of Conduct

• Preamble:

IDBI Bank Ltd. is committed to creating long term economic value for all its stakeholders, including shareholders, depositors, customers, employees and the society as a whole. IDBI Bank Ltd. is committed to maintaining high standards of ethical and professional conduct in all its corporate activities.

This Code of Conduct and Ethics outlines the overall standards that shall guide the actions of IDBI Bank Ltd. and its Directors, officers and employees.

• National Interest: • IDBI Bank Ltd. shall continue to be committed in all its actions to benefit the

economic development of the nation and shall not engage in any activity that would adversely affect such objective.

• Financial Reporting and Records: IDBI Bank Ltd. shall continue to prepare and maintain its accounts fairly and accurately in accordance with the accounting and financial reporting standards which represent the generally accepted guidelines, principles, standards, laws and regulations of the country. Internal accounting and audit procedures shall fairly and accurately reflect all of IDBI Bank Ltd. business transactions and disposition of assets.

• Corporate Disclosure Practices: IDBI Bank Ltd. shall continue to abide by the corporate disclosure practices as specified by the appropriate external regulatory authorities.

• Competition: IDBI Bank Ltd. shall market its products and services on its own merits.

• Equal-Rights: • IDBI Bank Ltd shall continue to provide equal opportunities to all its employees and all qualified

applicants for employment without regard to their race, caste, religion, colour, ancestry, marital status, sex, age, nationality, disability etc. Applicable laws, rules, and guidelines of Government of India / any other Competent Authority in this regard shall also be observed for this purpose. Employees of IDBI Bank Ltd. shall be treated with dignity and in accordance with the IDBI Bank Ltd. policy to maintain a work environment free of sexual harassment, whether physical, verbal or psychological. Employee policies and practices shall be administered on a non-discriminatory basis in all matters relating to recruitment, training, compensation, benefits, promotion, transfers and all others terms and conditions of employment.

• Prohibited Business: • IDBI Bank Ltd. shall not enter into any kind of business with any company / organisation / entity,

of which any of its director of is a proprietor, partner, director, a manager, employee or guarantor or in which one or more directors of IDBI Bank Ltd. together hold substantial interest.

Substantial interest, in relation to any company / organisation / entity, means any beneficial interest held by one or more of the directors of IDBI Bank Ltd. or by any relative of such director, whether singly or taken together, in the shares of the company / organisation / entity, the aggregate amount paid up on which either exceeds five lakh of rupees or 5% of its paid-up share capital, whichever is lesser.

• Quality of Products and Services:

• IDBI Bank Ltd. shall continue to be committed to creating new industry standards of excellence in customer service. IDBI Bank Ltd. shall provide innovative and superior quality customer service consistent with the requirements of the customers for their satisfaction.

• Corporate Opportunity: 

• A Director / Officer / Employee must not deprive IDBI Bank Ltd. of an opportunity that belongs to IDBI Bank Ltd., for his/ her own/other's advantage, if he / she is in a position of diverting the corporate opportunity for own benefit or to others to the detriment of IDBI Bank Ltd. A Director / Officer / Employee must not compete with IDBI Bank Ltd. in respect of any business transaction.

• Health, Safety and Environment: 

• IDBI Bank Ltd. shall strive to provide a safe and healthy working environment at its work places and comply, in the conduct of its business affairs, with all regulations regarding the preservation of the environment of the territories it operates in.

• Corporate Social Responsibility:

• IDBI Bank Ltd. shall continue to be committed to be a good corporate citizen not only in compliance with all relevant regulating laws and regulations but also by actively assisting in the improvement of the quality of life of the people in the communities in which it operates with the objective of making them self reliant.

• Public Representation of the Company & the Group:

• IDBI Bank Ltd. honours the information requirements of the public and its stakeholders. All its external communication will be only by officials / directors authorised for the purpose.

The information for the public constituents and stakeholders, duly approved by the Compliance Officer or other authorised official, as the case may be, shall be disseminated through any of the following media:

The accredited newspaper publications;

Web casting on the official web site;

Press handouts and press releases;

Audio and audio-visuals prepared for the specific purpose.

• Use of IDBI Bank Ltd. Name Logo/ Trademarks: A Director / Officer / Employee shall not use the name of IDBI Bank Ltd., its logo or trademark for personal benefit or for the benefit of persons / entities not forming part of the IDBI Group.

• Shareholders: IDBI Bank Ltd. is committed to enhance shareholder value and shall comply with all regulations and laws that govern shareholders' rights. The Board of Directors' of IDBI Bank Ltd. shall duly and fairly inform its shareholders about all relevant aspects of the organisation business and disclose such information in accordance with the respective regulations and agreements. Every employee shall also be responsible for implementation of and compliance with this code.

• Ethical Standards: A Director / Officer / Employee of IDBI Bank Ltd. shall conduct all the dealings on behalf of IDBI Bank Ltd. with professionalism, honesty, integrity and high moral and ethical standards. Every Director / Officer / Employee of IDBI Bank Ltd. shall be responsible for the implementation of and compliance with the Code in his / her professional environment, be fair and take action not to discriminate, honour confidentiality and strive to achieve more specific professional responsibilities.

EMPLOYEES• As on 31 March 2013, the bank had 15,465

employees, out of which 197 were employees with disabilities. The average age of bank employees on the same date was 33 years.The bank reported business of INR 25.64 crores per employee and net profit of INR 12.17 lakhs per employee during the FY 2012-13.The company incurred INR 1,538 crores towards employee benefit expenses during the same financial year

CURRENT PERFORMANCE

CSR Initiatives

CSR Of IDBI• IDBI Bank’s initiatives in the CSR area continues to

demonstrate its consistent commitment towards making a visible and lasting change in the various realms of society. The following are the notable Awards won by the Bank as an apposite recognition of the Bank’s enhanced stature as a responsible corporate citizen.Financial Year (2014-15) :-

• IDBI Bank was conferred the SKOCH Order of Merit for CSR in the SKOCH Financial Inclusion & Deepening Award 2014.

• IDBI Bank was conferred the award for ‘Best Corporate Social Responsibility Practices’ in the Banking Category at the Lokmat Banking, Financial Services & Insurance (BFSI) Awards, 2014.

• IDBI Bank was conferred the award for ‘Best Corporate Social Responsibility Practices’ in the Banking Category at the Responsible Business Awards, 2014.

Financial Year (2013-14) :-

• IDBI Bank conferred the prestigious Golden Peacock Award for Corporate Social Responsibility for 2013 under the Banking (PSU) category.

• IDBI Bank awarded the Third Annual Greentech CSR Award 2013 in the Platinum category.

• IDBI Bank conferred the award for ‘Best Corporate Social Responsibility Practices’ in the Banking Category at the ABP Banking, Financial Services & Insurance (BFSI) Awards, 2014.

• IDBI Bank’s documentary film ‘Taru Zameen Par’, which showcases its CSR initiative in reconstructing the flood-affected village of Taru in Ladakh, was conferred the Silver award at the PRCI Corporate Collateral Awards 2014.

• IDBI initiative for Low-Carbon Business Sustainability through Environment Banking and Ozone Depleting Substance (ODS) Phase-out Project and India Energy Efficiency Project (ICEEP) in the domain of Environment Development won the ADFIAP Awards 2014.Financial Year (2012-13)

• IDBI Bank awarded the Second Annual Greentech CSR Award 2013 in the Silver category.

• Shri M. S. Raghavan, Chairman and Managing Director, IDBI Bank Ltd and Shri B.K. Batra, Deputy Managing Director, IDBI Bank Ltd. receiving the “2013 Golden Peacock Award for Corporate Social Responsibility” from Shri Nikhil Kumar, Hon’ble Governor of Kerala and Lt. Gen (Rtd.) J.S. Ahluwalia, President, Institute of Directors, India on January 17, 2014 at Bengaluru.