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it comes under "other public sector Banks" classified by RBi. every bank has to get approval from RBI to get started. IDBI is fully owned by Govt of India now

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Is IDBI bank is nationalised or not?

Yes it is


Is idbi bank ltd is private or a nationalised bank?

The Industrial Development Bank of India Limited commonly known by its acronym IDBI is one of India's leading public sector banks and 4th largest Bank in overall ratings. RBI categorised IDBI as "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. It is currently the tenth largest development bank in the world in terms of reach with 871 ATMs, 504 branches and 316 centers. Some of the institutions built by IDBI are The National Stock Exchange of India (NSE), The National Securities Depository Services Ltd. (NSDL) and the Stock Holding Corporation of India (SHCIL) IDBI BANK , as a private bank after government policy for new generation private banks.


How many reserve banks in India?

branches of reserve bank in India


Which is correct - South Africa reserve bank or reserve bank of South Africa?

The correct term is "South African Reserve Bank." The name of the central bank of South Africa is officially the South African Reserve Bank, as per its founding legislation and official documents. The term "Reserve Bank of South Africa" is not the accurate or commonly used name for this institution.


Which are the top ten banks in India for 2008-2009?

# Sate Bank of India. # ICICI bank. # Hdfc Bank. # kotak Mahindra Bank. # Axis Bank. # Panjab National Bank. # Bank of India. # Canara Bank. # IDBI Bank. # Bank of Borada.

Related Questions

IDBI is a subsidiary of?

Reserve Bank of india


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.


Is idbi bank a scheduled bank?

Yes. IDBI is a Scheduled Commercial bank in India. It provides the basic banking services to its customers which include: 1. Checking/Current account 2. Savings accounts 3. Internet/Mobile Banking 4. ATM Cards 5. Check Books 6. Deposit Accounts 7. Loans 8. Credit Cards etc. IDBI stands for Industrial Development Bank of India. It was mainly established to fund industrial development in 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 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.


What is the tagline of IDBI bank?

"Banking for All"