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The IDBI Bank Limited (IDBI Bank or IDBI) is a development finance institution under the ownership of Life Insurance Corporation of India and Government of India. It was established in 1964 as Industrial Development Bank of India, a development finance institution, which provided financial services to industrial sector. In 2005, the institution ...
Website. www .sidbi .in. Small Industries Development Bank of India ( SIDBI) is the apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India. It is under the jurisdiction of Ministry of Finance , Government of India headquartered at Lucknow and having its offices all over the ...
National Securities Depository Limited (NSDL) is an Indian central securities depository under the jurisdiction of Ministry of Finance, Government of India based in Mumbai. The enactment of Depositories Act, December 1995 paved the way for establishment of NSDL. It was established in 1995 as the first electronic securities depository in India ...
Rakesh Sharma (born 2 July 1958) is the Managing Director & Chief Executive Officer of IDBI Bank. He is one of the first two private bankers to lead a state-run bank. Previously, Sharma was the MD and CEO of Lakshmi Vilas Bank and Canara Bank. He has also held several key positions at State Bank of India during his 33-year tenure with the lender.
The Industrial Investment Bank of India ( IIBI) was a development finance institution under the ownership of Ministry of Finance, Government of India. It operated from its inception in 1971 until it was closed down by the Indian government in 2012. It was a development finance institution with the aim of rehabilitating sick industrial companies ...
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The IDBI was established to provide credit for major financial facilities to assist with the industrial development of India. It was established in 1964 by RBI, and was transferred to the government of India in 1976. The government holdings in IDBI, after the IPO, is 51.4%. By the end of September 2004, the IDBI asset base was Rs. 36850 crore.