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The IDBI Bank Limited (IDBI Bank or IDBI) is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India (LIC) and Government of India.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.
Major disinvestment steps were taken in the past by the BJP-led NDA government between 1999 and 2004. BJP privatised the central government establishments such as central public sector units which included Bharat Aluminium Company (BALCO), Hindustan Zinc [4] (both to Sterlite Industries), Indian Petrochemicals Corporation Limited [5] (to Reliance Industries) and VSNL [6] (to the Tata group ...
IDBI Bank - 51% majority sold to LIC in 2019; Following Airports: Jaipur International Airport – owned and operated by public–private consortium led by Adani Group; Cochin International Airport; Mangalore International Airport – owned and operated by public–private consortium led by Adani Group
The disinvestment policy of the Vajpayee led NDA Government during 1999-2004 accelerated the disinvestment process in the country. The Government made a significant change in disinvestments, it was the same government that used the expression "Privatization" in place of disinvestment for the first time. The new method used by the government was ...
The BIFR in January 1993 declared Hyderabad Allwyn Ltd., as a sick industry and appointed IDBI as an operating agency to prepare a rehabilitation scheme. The Government of Andhra Pradesh agreed to amalgamate Hyderabad Allwyn Limited's Refrigeration and Appliances division with Voltas Limited, a Tata group company which retained only 5000 Allwyn ...
Disinvestment from Israel, a movement by critics of Israel (since 1920s) Disinvestment from South Africa in the former era of apartheid (1960s-1990s) [3] Tobacco industry divestment, coordinated by the NGO Tobacco-Free Portfolios (since 2000s) Fossil fuel divestment in response to global warming, coordinated by the NGO 350.org (since 2010s)
This page was last edited on 8 March 2013, at 17:53 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
The Ministry of Finance (IAST: Vitta Maṃtrālaya) is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India.In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, currency regulation, banking service, centre and state finances, and the Union Budget.