IDBI Full-Form | 10th largest and famous IDBI Bank

IDBI FULL FORM: (Industrial Development Bank of India).


History of IDBI (Full Form):

Deep information about IDBI Bank:

  • IDBI is one of the 27 commercial banks that is owned by the Indian government.
  • It is the 10th largest development bank in the industrial development field in the world.
  • IDBI has three thousand ATMs. It has 1746 branches all over the world including a branch which is present in Dubai.
  • IDBI has a total of 1285 centers all over the world including Singapore and Beijing.
  • It is the same as SBI because ownership of SBI is the central government.
  • Reserve Bank of India made a committee with chairman S H Khan for recommended the transfer of IDBI from a developmental bank to a commercial bank.
  • With the help of act 2013 (transfer of undertaking and repeat), the IDBI become IDBI Ltd.
  • In 2006 the industrial development bank of India increased its branches from 195 to 425 by acquiring the united western bank Satara.

There is some financial institute built with the support of the Industrial Development Bank of India (IDBI).

  • Securities and Exchange Board of India (SEBI).
  • National Stock Exchange of India (NSE).
  • National Securities Depository Limited (NSDL).
  • Stock Holding Corporation of India Limited (SHCIL)
  • Credit analysis and research limited
  • Exim Bank.
  • Small Industries Development Bank of India (SIDBI).
  • Entrepreneurship Development Institute of India.

Some details related to shares in IDBI full form:

  1. 76.72 percentage of the shares are of the government of India.
  2. 8.75 percentage of the shares are off 4 lakh public shareholders.
  3. 12.32 percentage of the shares are of insurance companies.
  4. 7.21 percentage shares are others.

Awards and acknowledgments of IDBI full form:

  1. In Forbes global 2000 the IDBI ranked was 1197th in May 2013.
  2. IDBI awarded Overall Best Bank, Best Public Sector Bank, and Dun & Bank street Banking Awards in the year 2011.
  3. Banking Technology Awards from Indian banks association for best use of business and Risk Management Technologies.



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