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    Industrial Development Bank of India (IDBI) was established in 1964 as a wholly owned subsidiary of the Reserve Bank of India to provide long-term financing to industries. IDBI is currently the 10th largest development bank globally with over 1000 branches. It is headquartered in Mumbai and provides financing to industries as well as refinancing and rediscounting of commercial bank loans to industries. IDBI has established several important financial institutions in India and works to coordinate financial institutions, promote technology, and ensure economic development through various financing programs.

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    Industrial Development Bank of India (IDBI) was established in 1964 as a wholly owned subsidiary of the Reserve Bank of India to provide long-term financing to industries. IDBI is currently the 10th largest development bank globally with over 1000 branches. It is headquartered in Mumbai and provides financing to industries as well as refinancing and rediscounting of commercial bank loans to industries. IDBI has established several important financial institutions in India and works to coordinate financial institutions, promote technology, and ensure economic development through various financing programs.

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    109 views8 pages

    Industrial Development Bank of India: Mohit Kr. Gupta

    Uploaded by

    Mohit Gupta
    Industrial Development Bank of India (IDBI) was established in 1964 as a wholly owned subsidiary of the Reserve Bank of India to provide long-term financing to industries. IDBI is currently the 10th largest development bank globally with over 1000 branches. It is headquartered in Mumbai and provides financing to industries as well as refinancing and rediscounting of commercial bank loans to industries. IDBI has established several important financial institutions in India and works to coordinate financial institutions, promote technology, and ensure economic development through various financing programs.

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    Industrial Development Bank of India

    Mohit Kr. Gupta

    IDBI was established under the IDBI Act 1964 as a wholly owned subsidiary of RBI and started functioning on July 01, 1964.

    IDBI is engaged in direct financing of the industrial activities as well as in re-finance and re-discounting of bills against finance made available by commercial banks under their various schemes.

    It is currently 10th largest development bank in the world in terms of reach with 1594 ATMs, 1000 branches including one overseas branch at DIFC, Dubai and 678 centers including two overseas centres at

    Singapore & Beijing.

    Its headquartered in Mumbai, India.

    Chairman & Managing Director

    Shri R. M. Malla

    Some of the Institutions Built by IDBI


    Securities and Exchange Board of India (SEBI)

    National Stock Exchange of India (NSE)


    National Securities Depository Limited (NSDL) Stock Holding Corporation of India Limited (SHCIL)

    Credit Analysis & Research Ltd EXIM Bank (India)

    Small Industries Development Bank of India (SIDBI)


    Entrepreneurship Development Institute of India, and IDBI Bank, which is owned by the Indian Government.

    Work of IDBI
    It creates principal institution for long term finance.
    It coordinates the institutions working in this field for planned development of industrial sector. It provides technical and administrative support to the industries.

    It conducts research and development activities for the


    benefit of industrial sector etc.

    Main Functions of IDBI


    IDBI coordinates between various financial institutions who are highly involved in providing financial assistance, promoting, and developing various industrial units. IDBI works for the advancement of technology and other

    welfare schemes to ensure economic development.


    IDBI provides financial assistance to all kinds of industrial units which comes under the provisions of the IDBI Act Short term working capital loans to the corporate for meeting their working capital requirements. etc

    Special Schemes of IDBI


    MSME Finance Sulabh Vyapar/ Business Solutions Dealer Finance Programme Loans to Small Road & Water Transport Operators (SRWTOs) Loans to Professionals & Self-employed

    etc.

    Thank You

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