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      • It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964 as Industrial Development Bank of India, a Development Finance Institution, which provided financial services to industrial sector.
      en.wikipedia.org/wiki/IDBI_Bank

      IDBI Bank - Wikipedia

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  3. en.wikipedia.org › wiki › IDBI_BankIDBI Bank - Wikipedia

    It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964 as Industrial Development Bank of India, a Development Finance Institution, which provided financial services to industrial sector.

  4. www.idbibank.in › pdf › history-of-idbi-Information on the Constitution of IDBI - IDBI Bank

    Industrial Development bank of India (IDBI) was constituted under the Industrial Development Bank of India Act, 1964 as a Development Financial Institution and came into being as on July 01, 1964 vide GoI notification dated June 22, 1964.

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  6. www.moneycontrol.com › company-facts › idbibankIDBI Bank > Company History > Bank - Private > Company ...

    The Bank was established as a wholly owned subsidiary of the Reserve Bank of India on 1st July, under a special statute, viz., Industrial Development Bank of India Act.

  7. economictimes.indiatimes.com › idbi-bank-ltd › infoIDBI Bank History | IDBI Bank Information - The Economic Times

    The Bank was established as a wholly owned subsidiary of the Reserve Bank of India on 1st July, under a special statute, viz., Industrial Development Bank of India Act. 1965.

  8. www.idbibank.in › about-usPersonal & Corporate Banking | MSME & Agri banking - IDBI Bank

    Industrial Development Bank of India (IDBI) was constituted under the Industrial Development Bank of India Act, 1964 as a Development Financial Institution (DFI) and came into being on July 01, 1964, vide GoI notification dated June 22, 1964.

  9. www.yourarticlelibrary.com › banking › functions-ofFunctions of Industrial Development Bank of India (IDBI)

    The Industrial Development Bank of India (IDBI) was set up in July 1964, as a wholly-owned subsidiary of the Reserve Bank of India. It was given complete autonomy in February 1976. ADVERTISEMENTS: Today, the IDBI is regarded as an apex institution in the arena of development banking.

  10. www.oliveboard.in › blog › development-banks-in-indiaDevelopment Banks in India, Its Meaning, Types, Function ...

    Jan 23, 2024 · The Industrial Development Bank of India (IDBI) is the leading financial organization in the country’s development banking sector. It was founded in July 1964 with the dual goals of (a) addressing the country’s expanding financial demands and (b) coordinating the operations and fostering the expansion of all institutions engaged in ...