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IDBI stands for Industrial Development Bank of India. It is one of India's leading public sector banks. It was established in the year 1964 to provide credit and other facilities for the development of the Indian Industry. Government of India is the owner of this bank. It is the 10th largest development bank in the world with 1300 ATMs 758 branches and 513 centers. Some of the institutions built by IDBI are:

a. National Stock Exchange of India

b. National Securities Depository Services Ltd

c. Stock Holding Corporation of India

d. Export Import bank of India

e. Small Industries Development Bank of India etc…

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13y ago
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14y ago

1964

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Q: Who was the owner of IDBI bank when it was established?
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Related questions

Full form of IDBI Bank?

Idbi bank


Whether idbi bank is nationalised bank?

IDBI bank is Nationalised bank


What is IDBI Bank's population?

The population of IDBI Bank is 2,011.


What is the population of IDBI Bank?

The population of IDBI Bank is 14,000.


Where are the headquarters of Idbi Bank located?

IDBI Bank Limited was established in 1964 by an Act of Parliament to provide credit and other facilities for the development of the Indian industry. It is headquartered Mumbai (formerly Bombay), India.


History of IDBI bank?

when idbi bank started using erp system & why?


How do you get TAN number of IDBI bank?

tan nos. of idbi bank ltd.


Who are the competitors of idbi bank?

SBI PNB BANK OF INDIA BANK OF BARODA CANARA BANK UNION BANK INDIAN BANK ORIENTAL BANK CORPORATION BANK all the other banks are the competitors of IDBI as IDBI deals with a variety of products........


When was IDBI Bank created?

IDBI Bank was created in 1964 as a development financial institution called the Industrial Development Bank of India. It was later converted into a full-service commercial bank in 2004.


Is idbi a government undertaking bank?

IDBI Bank Limited is an Indian financial service company headquartered Mumbai, India. RBI categorised IDBI as an "other public sector bank". It was established in 1964 by an Act of Parliament to provide credit and other facilities for the development of the fledgling Indian industry. As a Development Bank it is number 10 world wide and yes it is a government "related" bank, separate but subject to political decisions on the political kind.


Is IDBI nationalised?

Yes, IDBI is a Nationalized Bank. IDBI stands for Industrial Development Bank of India. It is a bank that was created by the Government of India to promote industrial development in the country. It is fully owned by the indian government.


Is idbi is a nationalised bank?

IDBI stands for Industrial Development Bank of India. It is one of India's leading public sector banks. It was established in the year 1964 to provide credit and other facilities for the development of the Indian Industry. Government of India is the owner of this bank. It is the 10th largest development bank in the world with 1300 ATMs 758 branches and 513 centers. Some of the institutions built by IDBI are: a. National Stock Exchange of India b. National Securities Depository Services Ltd c. Stock Holding Corporation of India d. Export Import bank of India e. Small Industries Development Bank of India etc…