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    Question

    Alongside the Central Government, which entity among the

    following also holds stakes in IDBI Bank? 
    A SBI Correct Answer Incorrect Answer
    B BEL Correct Answer Incorrect Answer
    C LIC Correct Answer Incorrect Answer
    D SIDBI Correct Answer Incorrect Answer
    E BHEL Correct Answer Incorrect Answer

    Solution

    The government and LIC hold 94.72 per cent stake together in IDBI Bank. Life Insurance Corporation (LIC) holds 529.41 crore shares representing 49.24 per cent stake in IDBI Bank, while the government holds 488.99 crore shares or 45.48 per cent stake. Public shareholders hold 5.2 per cent stake in the bank.

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