Industrial Development Bank of India (IDBI), established in 1964. Main functions: Providing finance to large and medium scale industrial units.
Industrial Finance Corporation of India (IFCI), established in 1948. Main functions; (a) Project Finance (b) Promotional services.
Industrial Credit and Investment Corporation in Indian and foreign currencies; Underwriting of issues of shares and debentures.
Small industries Development Bank of India (SIDBI), established in 1989. Main function : providing assistance to small scale industries through state finance corporation, state industrial development corporations, commercial banks etc.
Expert- Import Bank India (Exim. Bank) was established in 1982. Main functions: Coordinating the working of institution engaged in financing export and import trade, Financing exports and imports.
National Housing Bank (NHB) started operations in 1988.
NABARD was established in 1982. Main function: to serve as an apex refinancing agency for institutions engaged in providing agricultural finance to develop credit delivery system to coordinate rural financing activities.