IDBI Bank (Hindi:आई.डी.बी.आई बैंक) was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.Central government is the owner of this bank and employees will be called as Central Govt staffs.It is one among the public sector banks in india. At present Govt holds 77% stake in IDBI Bank, has reported yet another surge in bad loans in the April-June quarter. The lender now has the highest proportion of bad loans, with nearly a quarter of its book having turned bad. For the first quarter of the current financial year, the bank reported a net loss of Rs 853 crore compared to a profit of Rs 241 crore in the year-ago period. In the fourth quarter of financial year 2016-17, the bank had reported a loss of Rs 3,200 crore. While the reported loss was lower than the preceding quarter, bad loans continued to surge.