Page 1 - LN 241606010111

CH-6: TOPIC – RESOURCE MOBILIZATION
CODE: 241606010113

SUB-TOPIC: - SFIs IDBI

IDBI : Industrial Development Bank of India (IDBI Bank Limited or IDBI Bank or IDBI) was established in
1964 by an Act to provide credit and other financial facilities for the development of the fledgling Indian
industry. Many national institutes finds their roots in IDBI like SIDBI, Exim bank, NSE and NSDL.

Initially it operated as a subsidiary of Reserve Bank of India and later RBI has transferred it to
Government of India.

Objectives The main objectives of IDBI is to serve as the apex institution for term finance for industry in
India. Its objectives include: Co-ordination, regulation and supervision of the working of
other financial institutions such as IFCI , ICICI, UTI, LIC, Commercial Banks and SFCs.

Objectives
The main objectives of IDBI is to serve as the apex institution for term finance for industry in India. Its
objectives include:
• Co-ordination, regulation and supervision of the working of other financial institutions such as
IFCI , ICICI, UTI, LIC, Commercial Banks and SFCs.
• Supplementing the resources of other financial institutions and there by widening the scope of

their assistance.
• Planning, promotion and development of key industries and diversification of industrial growth.

• Devising and enforcing a system of industrial growth that conforms to national priorities.