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    • The Reserve Bank of India

      • The Industrial Development Bank of India (IDBI) was established in 1964 under an Act of Parliament as a wholly owned subsidiary of the Reserve Bank of India.
      en.wikipedia.org/wiki/IDBI_Bank

      IDBI Bank - Wikipedia

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  3. en.wikipedia.org › wiki › IDBI_BankIDBI Bank - Wikipedia

    It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964 as Industrial Development Bank of India, a Development Finance Institution, which provided financial services to industrial sector.

  4. www.inventiva.co.in › stories › idbi-logic-privatisationIDBI And The Logic Behind Its Privatisation - Inventiva

    Jun 23, 2021 · The privatisation process for the Government-owned Industrial Development Bank of India (IDBI) started on Tuesday. The government owns 45.8% equity in the Friday, September 27 2024

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  6. economictimes.indiatimes.com › idbi-bank-ltd › infoIDBI Bank History | IDBI Bank Information - The Economic Times

    Company History - IDBI Bank Ltd. 1964. - The Company was Incorporated on 1st July, at Mumbai. The Bank was established as a wholly owned subsidiary of the Reserve Bank of India on 1st July, under a special statute, viz., Industrial Development Bank of India Act. 1965.

  7. www.idbibank.in › pdf › corporate-presentationCorporate Presentation - IDBI Bank

    Set up a private sector Bank: “IDBI Bank Limited” for rendering commercial banking services. IDBI transforms from a DFI into a full-service commercial bank along with a continued mandate for development financing under the name of IDBI Ltd. Amalgamation of United Western Bank and IDBI Ltd.

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  8. www.yourarticlelibrary.com › banking › industrialIndustrial Development Bank of India (IDBI): Functions and ...

    Till 1976, IDBI was a subsidiary bank of RBI. In 1976 it was separated from RBI and the ownership was transferred to Government of India. IDBI is the tenth largest bank in the world in terms of development.

  9. www.idbibank.in › pdf › BriefHistoryofIDBIInformation on the Constitution of IDBI - IDBI Bank

    In terms of the provisions of the Repeal Act, a new company under the name of Industrial Development Bank of India Limited (IDBI Ltd.) was incorporated as a Govt. Company under the Companies Act, 1956 on September 27, 2004.

  10. www.moneycontrol.com › company-facts › idbibankIDBI Bank > Company History > Bank - Private > Company ...

    The Bank was. established as a wholly owned subsidiary of the Reserve Bank of India. on 1st July, under a special statute, viz., Industrial Development. Bank of India Act. 1965. - With...