When I look at various web sites I have seen that in some it is refer as Private and in others as Public and in others they said there are two IDBI one Private and the other Public anyone knows about it.

1. IDBI is a Public Sector Bank.

   The Industrial Development Bank of India (IDBI) was established on July 1, 1964 under an Act of Parliament as a wholly owned subsidiary of the Reserve Bank of India. In February 1976, the ownership of IDBI was transferred to the Government of India and it was made the principal financial institution for coordinating the activities of institutions engaged in financing, promoting and developing industry in the country. Although Government shareholding in the Bank came down below 100% following IDBI’s public issue in July 1995, the former continues to be the major shareholder (current shareholding: 58.47%).

2. There is now only one IDBI Bank and this is a public sector bank in which the Government stake can never go below 50%
3. IDBI is a Public Sector Bank
4. IDBI,was earlier a term lending institution and its subsidiary was IDBI Bank. Through a reverse merger the holding company viz IDBI was merged with IDBI Bank. It is still a PSB
5. This is not a private bank but it is a public limited company having shareholders .

   The total equity is not hold by the Indian Govt. but Govt retains the majority shareholder , thus appoint the Directors who run the company.

6. Sarkari bank

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When I look at various web sites I have seen that in some it is refer as Private and in others as Public and in others they said there are two IDBI one Private and the other Public anyone knows about it.

1. IDBI is a Public Sector Bank.

   The Industrial Development Bank of India (IDBI) was established on July 1, 1964 under an Act of Parliament as a wholly owned subsidiary of the Reserve Bank of India. In February 1976, the ownership of IDBI was transferred to the Government of India and it was made the principal financial institution for coordinating the activities of institutions engaged in financing, promoting and developing industry in the country. Although Government shareholding in the Bank came down below 100% following IDBI’s public issue in July 1995, the former continues to be the major shareholder (current shareholding: 58.47%).

2. Sarkari bank
3. IDBI,was earlier a term lending institution and its subsidiary was IDBI Bank. Through a reverse merger the holding company viz IDBI was merged with IDBI Bank. It is still a PSB
4. This is not a private bank but it is a public limited company having shareholders .

   The total equity is not hold by the Indian Govt. but Govt retains the majority shareholder , thus appoint the Directors who run the company.

5. There is now only one IDBI Bank and this is a public sector bank in which the Government stake can never go below 50%
6. IDBI is a Public Sector Bank

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