Financial Institutions

Finance (Phase -I & II)

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Who has the majority shareholding in SIDBI?

Government of India

State Bank of India

Life Insurance Corporation of India

National Bank for Agriculture & Rural Development

Explanation:

SIDBI was established by government of India along with capital contribution from State Bank of India and other public sector banks, insurance companies and all India Financial Institutions. Shareholding pattern of SIDBI is State Bank of India – 16.73%, Government of India – 15.40%, LIC – 14.25%, NABARD – 10% and rest of others.

By: Yachna

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