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RBI categorizes IDBI Bank as private sector bank

15 Mar 2019 Evaluate

Reserve Bank of India (RBI) has categorized IDBI Bank as a Private Sector Bank for regulatory purposes with effect from January 21, 2019 consequent upon Life Insurance Corporation of India acquiring 51% of the total paid up equity share capital of the Bank.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

IDBI Bank Share Price

73.40 -1.36 (-1.82%)
11-May-2026 13:46 View Price Chart
Peers
Company Name CMP
HDFC Bank 771.60
ICICI Bank 1275.35
Axis Bank 1281.30
Kotak Mahindra Bank 385.70
Indusind Bank 928.25
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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