The document summarizes the history and operations of the Industrial Development Bank of India (IDBI). IDBI was established in 1964 by the Government of India as a development financial institution to provide funding to industrial enterprises. In 1976, ownership was transferred fully to the Government of India. In 2004, IDBI was transformed into a commercial bank to diversify its role beyond development financing. Currently, the government owns 77% of IDBI Bank. The bank provides financial assistance, promotes industrial development institutions, offers technical support to industry, and conducts market research to aid industry growth in India.

1. INDUSTRIAL
DEVELOPMENT BANK
OF INDIA
BY MOHAN SATHVIK

2. INTRODUCTION
IDBI Bank (Industrial Development Bank of India)
was established in 1964 by an Act of Parliament
It is owned by the Government of India
At present the government holds 77% stake in IDBI
Bank
2

3. History
 Industrial Development Bank of India (IDBI) was
constituted under Industrial Development Bank of
India Act, 1964 as a Development Financial
Institution (DFI)
 It continued to serve as a DFI for 40 years till the
year 2004 when it was transformed into a Bank.
 It was regarded as a Public Financial Institution in
terms of the provisions of the Companies Act,
1956
3

4. Formation of Industrial
Development Bank of
India (IDBI)
 In 1976, the ownership of IDBI was
transferred to the Government of
India.
 Some of the institutions built with the
support of IDBI are the Securities and
Exchange Board of
India (SEBI), National Stock Exchange
of India (NSE), the National Securities
Depository Limited (NSDL
4

5. Last
Subsequently, in
September 2004,
the Reserve Bank of
India incorporated
IDBI as a 'scheduled
bank' under the RBI
Act, 1934.
First
A committee
formed by RBI
recommended
the development
financial
institution (IDBI)
to diversify .
Second
IDBI reshaped its
role from a
development
finance institution
to a commercial
institution.
5
Conversion of IDBI into a
commercial bank

6. “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.
6
Objectives and functions of
IDBI

7. Functions
7

8. 1.
TO PROVIDE FINANCIAL
ASSISTANCE TO
INDUSTRIAL
ENTERPRISES.
8

9. 2.
TO PROMOTE
INSTITUTIONS ENGAGED
IN INDUSTRIAL
DEVELOPMENT.
9

10. 3.
TO PROVIDE TECHNICAL AND
ADMINISTRATIVE
ASSISTANCE FOR PROMOTION
MANAGEMENT OR EXPANSION
OF INDUSTRY.
10

11. 4.
TO UNDERTAKE MARKET
AND INVESTMENT
RESEARCH AND SURVEYS
IN CONNECTION WITH
DEVELOPMENT OF
INDUSTRY.
.
11

12. IDBI
ASSISTANCE
12

13. Thanks!
Any questions?
13

14. 14