3. About IDBI
•Industrial development bank of India, was established in 1964by
act of parliament.
•In 16 February 1976, the ownership of IDBI was transferred to the
Government of India.
•Its headquarter is in Mumbai.
•It is India's 10th largest bank in the world in terms of reach, with
3350 ATMs, 1853 branches, including one overseas branch at
Dubai, and 1382 centers.
•It is one of 27 commercial banks owned by the Government of
India.
4. THE MAIN SOURCES OF FUNDS OF IDBI
Share capital.
Reserves and surplus.
Borrowing from government of India and RBI.
Market borrowing by way of bonds.
Deposits and other borrowings.
5. SUBSIDIARIES
Small industries development bank of India(SIDBI).
IDBI bank Ltd.
IDBI Capital Market Services Ltd.
IDBI Assets Management Company.
IDBI Trusteeship services ltd.
10. DIFFERENCE BETWEENIDBI ANDOTHERBANKS
IDBI
• IDBI work for the Improvement of
Backward Areas People.
• IDBI work for the Improvement of
Small-scale Industries.
• IDBI focuses on Research, Surveys and
Technologies for the Development of
Industries.
OTHER BANKS
• But Other Banks only Focuses on Urban
Areas People
• Other Banks only Provide Loans and
helps to Big Businessmen and Reputed
Persons
• Other Banks mainly Focuses on Credit
Creations
11. Lastly, IDBI is different from Other Banks
because, Other Banks deals in Banking Business
but IDBI deals with the welfare of Industries and
Development Purposes.