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Is IDBI bank nationalised or public bank?

Updated: 8/19/2019
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12y ago

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IDBI stands for Industrial Development Bank of India. Their vision is:

"To be a trusted partner in progress by leveraging quality human capital and selling global standards of excellence to build the most valued financial conglomerate" It is currently the 10th largest development bank in the World.

It is owned by the government of India. The terms nationalized or public both refer to the same which means - owned by the government.

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Q: Is IDBI bank nationalised or public bank?
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