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Q.

IDBI bank is govt. or private bank

Asked by rajput singh, 22 Jul '08 07:59 am
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Answers (4)

1.

IDBI is a 4th ranked PSU bank, it does look like a private bank but it is one of the apex body of RBI and it is also a nationalised bank
Source: Amit
Answered by Amit Sharma, 12 Sep '11 09:20 pm

 
  
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2.

Govt holds majority share.
Established in 1964 with the passing of the IDBI Act, Industrial Development Bank of India (IDBI) functioned as a Development Financial Institution (DFI) until FY04. Repeal of the IDBI Act by the Parliament in September 2004 endorsed the much-awaited transformation of IDBI into a bank. Post merger with IDBI Bank, the government holding in the entity stands at 58%.
Answered by Shashi LS, 22 Jul '08 08:11 am

 
  
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3.

IDBI or Industrial Development Bank of India is a Government controlled bank with private capital as partner.
Answered by prabhakar pandit, 22 Jul '08 08:06 am

 
  
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4.

Private
Answered by sunil singh, 22 Jul '08 08:00 am

 
  
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