Multiple choice general knowledge sports

In bank group-wise classification, IDBI Bank Ltd has been included in which among the following?

  1. Nationalized Banks

  2. Private Sector Banks

  3. Foreign Banks

  4. None of them

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

IDBI Bank Ltd was nationalized in 2019 and is classified as a Nationalized Bank under bank group-wise classification in India. It was previously categorized as a private sector bank before the government acquisition. This classification affects regulatory requirements and policy compliance.