Question

Alongside the Central Government, which entity among the

Q: Answer-Alongside the Central Government, which entity among the following also holds stakes in IDBI Bank?

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.