Establishment years of Financial Institutions in India

Published on Wednesday, February 24, 2016
Organization Establishments Year
Imperial Bank of India (Now State Bank of India) 1921
Reserve bank of India ( Nationalisation of RBI took place on January 1,1949) April 1,1935
Industrial Finance Corporation of India (IFCI) 1948
State bank of India (SBI) July 1,1955
Unit Trust of India (UTI) February 1, 1964
IDBI July 1964
NABARD July 12, 1982
IRBI ( Now it has been renamed as IIBIL since March 6, 1997 March 20, 1985
SIDBI 1990
EXIM Bank January 1, 1982
National Housing Bank (NHB) July 1988
Life Insurance Corporation (LIC) September 1956
General Insurance Corporation (GIC) November , 1972
Regional Rural banks (RRBs) October 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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