Published in Banking & Financial Services category by MBA Skool Team
IDBI Bank is one of the leading brands in the banking & financial services sector. IDBI Bank SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of IDBI Bank:
Industrial banking expertise for businesses provided by IDBI bank
IDBI has state of art IT support and technological innovations
Customised banking solutions for individual as we as corporate clients
Has a strong employee base of over 15,000
IDBI bank has a strong legacy since its inception in 1964
The bank has 3000+ ATMs and 1800+ branches include international presence in Dubai
IDBI has the backing of the government of India, which is a huge boon
Good brand presence due to marketing & awards for technology & risk management
Above are the strengths in the SWOT Analysis of IDBI Bank. The strengths of IDBI Bank looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
IDBI Bank Weaknesses
Strong competition from other bigger private sector and public sector banks means limited market share for IDBI
Limited number of branches and ATM’s compared to big banks
These were the weaknesses in the IDBI Bank SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
IDBI bank is a focused development financial institution
IDBI Bank STP
Commercial banking sector in India
IDBI offers complete banking solutions to everyone
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