Comment

Major Financial Institutions in India

This is a list on the major financial institutions in India and their respective

date of starting operations.

Financial Institution Date of Starting

Imperial Bank of India 1921

Reserve Bank of India April 1, 1935

Industrial Finance corporation of India 1948

State Bank of India July 1, 1955

Unit Trust of India Feb. 1,1964

IDBI July 1964

NABARD July 12,1982

SIDBI 1990

EXIM Bank January 1, 1982

National Housing Bank July 1988

Life Insurance Corporation (LIC) September 1956

General Insurance Corporation (GIC) November 1972

Regional Rural Banks Oct. 2, 1975

Risk Capital and Technology Finance

Corporation Ltd.March 1975

Technology Development & Information Co. of

India Ltd.1989

Infrastructure Leasing & Financial Services Ltd. 1988

Housing Development Finance Corporation Ltd.

(HDFC)1977

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