Misplaced Pages

This article relies excessively on references to primary sources. Please improve this article by adding secondary or tertiary sources. Find sources: "Exim Bank of India" – news · newspapers · books · scholar · JSTOR (May 2024) (Learn how and when to remove this message)

Export Import Bank of India

Company type	Public
Industry	Banking
Founded	1 January 1982 (1982 -01-01) (introduced) 7 April 1982 (1982 -04-07) (received assent of President of India) (under the Export-Import Bank of India Act, 1981)
Founder	Government of India
Headquarters	Mumbai
Area served	9 branches in India(November 2022)
Key people	Ms. Harsha Bangari (Chairman) and (Managing director)
Services	Banking Financial services
Number of employees	540 (2021)
Subsidiaries	Exim Finserve IFSC Export-Import Bank of India, Asset Management Arm Export Import Bank of India, London Branch (2006)
Website	www.eximbankindia.in
Footnotes / references

The Export-Import Bank of India (Exim Bank) is a specialized financial institution in India that was established in 1982. The bank's primary function is to finance, facilitate and promote India's international trade. It is owned by the Government of India and operates as a statutory corporation. Its operations are governed by the Export-Import Bank of India Act, 1981.

Exim Bank provides a wide range of financial services to Indian exporters and importers. These services include export credit, pre-shipment credit, post-shipment credit, and overseas investment finance. The bank also provides a range of advisory and support services to Indian businesses looking to expand their international operations. In addition to its domestic operations, Exim Bank has a strong presence in the international market. It has established partnerships and collaborations with other international development banks and financial institutions to support trade and investment flows between India and other countries.

History

The Export-Import Bank of India (Exim Bank) was founded by the Government of India under the Export-Import Bank of India Act, 1981, which was introduced in the Indian Parliament by the then Finance Minister, Shri Pranab Mukherjee. The act was passed by both houses of parliament and received the assent of the President of India on 7 April 1982. The first chairman and managing director of Exim Bank was Shri R.S. Rathore.

Chronology

• 1982: Exim Bank was established on 1 January 1982, under the Export-Import Bank of India Act, 1981, with the aim of promoting and financing India's international trade.
• 1983: The first overseas representative office of Exim Bank was established in London, England.
• 1985: Exim Bank started providing Lines of Credit to overseas governments, enabling them to import goods and services from India on favorable credit terms.
• 1991: Exim Bank set up an Export Development Fund to support the export activities of small and medium-sized enterprises (SMEs) in India.
• 1992: Exim Bank launched the Buyer's credit program, which provides competitive financing to overseas buyers of Indian goods and services.
• 1994: Exim Bank signed an agreement with the African Development Bank to set up the India-Africa Fund to support trade and investment between India and Africa.
• 1999: Exim Bank established the India Development Fund to provide equity and quasi-equity support to Indian companies investing overseas.
• 2003: Exim Bank launched the Rural Initiative for Supporting Entrepreneurship (RISE) program to support rural entrepreneurs in India.
• 2007: Exim Bank launched the India-Africa Trade and Investment Promotion Program to promote trade and investment between India and Africa.
• 2011: Exim Bank launched the Project Development and Monitoring Facility to provide advisory services to Indian companies investing overseas.
• 2015: Exim Bank signed an agreement with the Development Bank of Southern Africa to set up the India-South Africa Development Partnership Fund to support development projects in South Africa.
• 2020: Exim Bank launched the Global Network Program to expand its overseas footprint and provide enhanced support to Indian businesses operating overseas.
• 2024: Exim Bank opened a representative office in Nairobi, Kenya.

Organisation structure

The Export-Import Bank of India (Exim Bank) has a well-defined organizational structure consisting of several departments and functional units that work together to achieve the bank's objectives.

• board of directors: The board of directors is the highest decision-making body of Exim Bank. It consists of a chairman and managing director, Executive Directors, and non-executive directors, who are appointed by the Government of India.
• Senior management: The Senior Management team consists of the chairman and managing director, Executive directors, and General managers, who are responsible for the day-to-day operations of the bank.
• Business divisions: Exim Bank has several business divisions, including Corporate banking, Project finance, Lines of Credit, Small and Medium Enterprises (SME) Business, Export Services, Risk management, and Treasury.
• Support Functions: Exim Bank also has several support functions, including Human resources, Information technology, Legal and Compliance, Audit, and Internal control.
• Regional Offices: Exim Bank has 9 regional offices located in major Indian cities, which are responsible for providing financial and advisory services to Indian exporters and importers.
• Overseas Representative Offices: Exim Bank has representative offices in Washington D.C., USA; Johannesburg, South Africa; and Yangon, Myanmar, which support the bank's operations and business development activities overseas.

Management

Exim Bank of India's management:

Loans and investments

This section needs expansion. You can help by adding to it. (August 2023)

LOCs given by the exim bank of India:

In March 2008, the bank provided a credit of 100 million dollars to finance a road construction project and the construction of electrical infrastructure for the government of Nepal.

In February 2019, the bank provided a credit of 200 million dollars to finance a project in the field of housing and infrastructure to the government of Uzbekistan.

In March 2019, the bank provided a credit of 83 million dollars to finance a project in the field of solar energy in the Democratic republic of Congo.

In March 2019, the bank provided a credit of 800 million dollars to finance projects in the Republic of Maldives.

In August 2019, the bank provided a credit of 38 million dollars for an industrial project, in the field of water systems, to the Republic of Mozambique.

In October 2019, the bank provided a credit of 30 million dollars to the Republic of Sierra Leone.

In November 2019, the bank provided a credit of 30 million dollars for a project to improve the fresh water infrastructure in Ghana

In January 2020, the bank provided a credit of 75 million dollars to finance a project in the field of solar energy in Cuba.

Key people

Key people associated with the Export-Import Bank of India (Exim Bank) and their roles:

Past Chief Executives

Branches

The Export-Import Bank of India (Exim Bank) has its headquarters in Mumbai, Maharashtra, India. Apart from the headquarters, Exim Bank has several branches and overseas offices to cater to the needs of Indian exporters and importers. Here are the details of Exim Bank's branches and offices:

1. Domestic Branches: Exim Bank has 9 domestic offices located in Mumbai, Delhi, Kolkata, Chennai, Ahmedabad, Bangalore, Hyderabad, Pune, and Guwahati.
2. Overseas Offices: Exim Bank has 8 overseas offices located in Washington D.C. (USA), London (UK), Johannesburg (South Africa), Singapore, Tokyo (Japan), Beijing (China), Dhaka (Bangladesh), and Yangon (Myanmar).
3. Representative Offices: Exim Bank also has representative offices in various countries to promote and facilitate India's trade relations with those countries. These representative offices are located in Abu Dhabi (UAE), Accra (Ghana), Addis Ababa (Ethiopia), Colombo (Sri Lanka), Dubai (UAE), Istanbul (Turkey) and Nairobi (Kenya).

Subsidiaries

The Export-Import Bank of India (Exim Bank) has two subsidiaries.

1. Exim Bank Asset Management Company Ltd. (EBAMC): It was incorporated in 2015 and is headquartered in Mumbai, India. EBAMC is a wholly-owned subsidiary of Exim Bank of India and is registered with the Securities and Exchange Board of India (SEBI) as a Category II Alternative Investment Fund (AIF). The company manages funds in the areas of infrastructure, private equity, and other alternative asset classes.
2. Export Import Bank of India, London Branch: It is a subsidiary of Exim Bank of India and operates as Exim Bank's London branch. The London branch was established in 2006 and is located in London, UK. It provides a range of financial services to customers in the UK, Europe, and other countries. The services offered by Export Import Bank of India, London Branch include trade finance, project finance, corporate lending, and advisory services.
3. Exim Finserve IFSC Pvt Ltd.: It was incorporated in 2023 in International Financial Services Centre, GIFT City, Gujarat.

Functions and responsibilities

The Export-Import Bank of India (Exim Bank) has been established with the aim of promoting and financing India's international trade. Here are the main functions and responsibilities of Exim Bank:

• Financing: Exim Bank provides financial assistance to Indian exporters and importers in the form of pre-shipment and post-shipment credit, buyer's credit, lines of credit, and project export finance.
• Export marketing: Exim Bank provides advisory services and support to Indian exporters in identifying new markets and expanding their international trade.
• Export credit insurance: Exim Bank provides export credit insurance to Indian exporters to protect them against the risks of non-payment by overseas buyers.
• Research and development: Exim Bank conducts research and analysis on international trade and finance and provides information and intelligence to Indian businesses and policymakers.
• Collaboration: Exim Bank collaborates with other institutions, both in India and overseas, to promote and facilitate India's international trade and investment.
• Policy advocacy: Exim Bank represents the interests of Indian exporters and importers in international forums and advocates policies that promote India's international trade and investment.
• Lines of Credit: Exim Bank extends lines of credit to overseas entities, including governments, financial institutions, and commercial banks, to promote India's exports and support the development of infrastructure in recipient countries.
• Project Finance: Exim Bank provides project finance to Indian companies for executing overseas projects, especially in developing countries, to support India's international business interests.
• SME Financing: Exim Bank provides financing and advisory services to small and medium-sized enterprises (SMEs) in India to help them enter the international market and grow their businesses.
• Capacity building: Exim Bank conducts training and capacity-building programs for Indian businesses and government officials to enhance their skills and knowledge related to international trade and finance.
• Corporate social responsibility (CSR): Exim Bank has a CSR program that focuses on education, healthcare, environment, and community development. The bank supports various initiatives in India and overseas to promote sustainable development and social welfare.

See also

• Exim Bank (Bangladesh)
• Exim Bank (Djibouti)
• Exim Bank (Uganda)
• Securities and Exchange Board of India
• Export–Import Bank of the United States

References

1. ^ "India Exim Bank launches subsidiary for trade financing in GIFT City". The Indian Express. 8 August 2023. Archived from the original on 8 August 2023. Retrieved 8 August 2023.
2. ^ "Export-Import Bank Of India/London – Company Profile and News". Bloomberg.com. Archived from the original on 8 August 2023. Retrieved 29 March 2023.
3. ^ "Export-Import Bank of India, London Branch | Reports | Moody's". www.moodys.com. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
4. "EXIM Bank Board of Directors". EXIM Bank. Archived from the original on 29 March 2023. Retrieved 28 March 2023.
5. ^ "Organisation – About Us – Exim Bank". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
6. "Export-Import Bank of India (EXIM Bank) | Department of Financial Services | Ministry of Finance | Government of India". financialservices.gov.in. Archived from the original on 5 February 2023. Retrieved 29 March 2023.
7. ^ "Exim Bank of India". iibf.org.in. Archived from the original on 6 November 2019. Retrieved 29 March 2023.
8. "Export Import Bank of India History". The Economic Times. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
9. "THE EXPORT-IMPORT BANK OF INDIA ACT, 1981" (PDF). legislative.gov.in. Archived (PDF) from the original on 28 October 2021. Retrieved 29 March 2023.
10. ^ "Exim Bank's London branch kicks off – Indian Express". archive.indianexpress.com. Archived from the original on 31 December 2016. Retrieved 29 March 2023.
11. ^ "Business Line of Credit Loan | Overseas Financial Institutions". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
12. ^ Kumar, K. Ram (9 December 2020). "Exim Bank, SIDBI to set up investment fund to provide loan support to SMEs". www.thehindubusinessline.com. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
13. ^ "Buyer credit | Credit Facility Programme | Financing Solution". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
14. ^ "Exim Bank's Financing Initiatives and Activities in Africa". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
15. ^ "Overseas Investment Finance – Financial Products – Exim Bank". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
16. "MSME Scheme" (PDF). msme.gov.in. Archived (PDF) from the original on 29 March 2023. Retrieved 29 March 2023.
17. "Leaflet – Exim Bank" (PDF). www.eximbankindia.in. Archived (PDF) from the original on 29 March 2023. Retrieved 29 March 2023.
18. Chaudhury, Dipanjan Roy (November 2022). "India Africa Trade: Indian Exim Bank inks pact with Southern Africa's leading bank to boost India-Africa trade". The Economic Times. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
19. "Indian Exim Bank Inks Pact With Southern Africa's Leading Bank to Boost India-Africa Trade". currentaffairs.adda247.com. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
20. "India- Africa Exim Bank" (PDF). World Trade Organization. Archived (PDF) from the original on 29 March 2023. Retrieved 29 March 2023.
21. "Press Releases – News & Events – India Exim Bank". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
22. ^ Vincent Owino (3 June 2024). "Indian bank ups Kenya lending to Sh33bn as it opens Nairobi office". Business Daily Africa. Nairobi, Kenya. Retrieved 3 June 2024.
23. "Management – About Us – Exim Bank". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
24. "Exim Bank Initiatives". Mcommerce. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
25. "Reserve Bank of India – Notifications". www.rbi.org.in. Archived from the original on 26 January 2022. Retrieved 18 January 2020.
26. "EXIM INDIA EXTENDS A LINE OF CREDIT OF USD 200 MILLION". 6 February 2019. Archived from the original on 18 February 2020. Retrieved 8 August 2023.
27. India, Press Trust of (19 March 2019). "Exim Bank gives $83 mn line of credit to Congo to finance 3 solar power projects". Business Standard India. Archived from the original on 31 January 2023. Retrieved 18 January 2020.
28. PTI. "Exim Bank extends $800 mn credit to Maldives for developmental projects". @businessline. Archived from the original on 18 February 2020. Retrieved 18 January 2020.
29. "Exim Bank's of India supported Line of Credit of 38 million USD to the Government of the Republic of Mozambique" (PDF). 1 August 2019. Archived (PDF) from the original on 18 February 2020. Retrieved 8 August 2023.
30. "Exim Bank, On Behalf Of The Government Of India, Extends A Line Of Credit [Loc] Of Usd 30 Million To The Government Of The Republic Of Sierra Leone". Archived from the original on 18 February 2020. Retrieved 18 January 2020.
31. "Sierra Leone News; Sierra Leone signs $30m credit line with India Exim bank". Awoko Newspaper. Archived from the original on 22 October 2019. Retrieved 8 August 2023.
32. India, Press Trust of (7 November 2019). "Exim Bank gives USD 30 mn line of credit to Ghana". Business Standard India. Archived from the original on 26 January 2022. Retrieved 18 January 2020.
33. "Exim Bank gives $30 million line of credit to Ghana". Moneycontrol. Archived from the original on 8 February 2023. Retrieved 18 January 2020.
34. "India extends $75 million line of credit for solar parks in Cuba". The Financial Express. 3 January 2020. Archived from the original on 13 September 2022. Retrieved 18 January 2020.
35. ^ "Board of Directors – About Us – Exim Bank". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
36. Chaudhury, Dipanjan Roy (26 March 2016). "Exim bank plans to scale up presence with more branches". The Economic Times. ISSN 0013-0389. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
37. "Get in touch – Exim Bank". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
38. "Export Advisory Service – Services – Exim Bank". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
39. "Export and Import | Data analysis in research". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
40. "Marketing Advisory Services | India's Foreign Trade Policy". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
41. "Export And Import Finance | Project Exports India". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.
42. "STRATEGIC DEVELOPMENT OF MSMEs".
43. "ESG FRAMEWORK". www.eximbankindia.in. Archived from the original on 29 March 2023. Retrieved 29 March 2023.

External links

• Official website

Links to related articles

v t e Economy of India Companies BSE SENSEX NIFTY 50 Governance Ministry of Finance Finance ministers Ministry of Commerce and Industry Finance Commission Economic Advisory Council Central Statistical Office Securities and Exchange Board of India Enforcement Directorate External debt Foreign trade Foreign direct investment Foreign exchange reserves Remittances Taxation Subsidies Industrial licensing Voluntary guidelines NITI Aayog Make in India Atmanirbhar Bharat Currency Indian rupee Sign History Historical Forex Digital rupee Coinage Paisa Reserve Bank of India Governor Mint Inflation Financial services Banking Insurance Multi Commodity Exchange Bullion Black money Bombay National History COVID-19 impact Economic development Liberalisation Licence Raj Green revolution Government initiatives Numbering system People Billionaires Demography Income Poverty Labour law Pensions EPFO NPS PPF By state Andhra Pradesh Assam Bihar Delhi Goa Gujarat Haryana Himachal Pradesh Jammu and Kashmir Jharkhand Karnataka Kerala Ladakh Madhya Pradesh Maharashtra Mizoram Odisha Punjab Rajasthan Tamil Nadu Telangana Uttarakhand Uttar Pradesh West Bengal Sectors Agriculture Livestock Fishing Automotive Chemical Construction Defence Education Energy Electricity Nuclear Oil and gas Solar Wind Electronics and semiconductor Entertainment Forestry Gambling Healthcare Information technology Media Cinema FM Radio Television Printing Mining Coal Iron and Steel Pharmaceuticals Pulp and paper Retail Science and technology Biotechnology Space Telecommunications Textiles Tourism Transport Aviation Civil Ports Rail Roads Electricity Water Regulator IRDAI RBI SEBI IBBI Other NCLT NCLAT BIFR IBBI IBC SARFESI Act Income Tax Act Companies Act Banking Act Insurance Act FEMA Mumbai Consensus Category Commons Wikiquotes v t e Banking in India Institutes Central bank v t e Reserve Bank of India Regulation Reserve Bank of India Act, 1934 Monetary Policy Committee People Governor of the Reserve Bank of India Deputy governor of the Reserve Bank of India Buildings Reserve Bank of India Staff College RBI Monetary Museum Subsidiaries Bharatiya Reserve Bank Note Mudran Security Printing and Minting Corporation of India Think tanks BBB BCSBI NPCI IBA IDRBT Speciality banks IFCI All India Financial Institutions : Exim Bank of India NABARD NaBFID NHB SIDBI Other BIFR IBBI IBPS Deposit Insurance (DICGC) Public-sector banks Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central Bank of India Indian Bank Indian Overseas Bank Jammu & Kashmir Bank Punjab & Sind Bank Punjab National Bank State Bank of India UCO Bank Union Bank of India Private-sector banks Axis Bank Bandhan Bank CSB Bank City Union Bank DCB Bank Dhanlaxmi Bank Federal Bank HDFC Bank ICICI Bank IDBI Bank IDFC First Bank IndusInd Bank Karnataka Bank Karur Vysya Bank Kotak Mahindra Bank Nainital Bank RBL Bank South Indian Bank Tamilnad Mercantile Bank Yes Bank Foreign banks Abu Dhabi Commercial Bank ANZ Bank Maybank Indonesia Bank of America Bank of Bahrain and Kuwait Bank of Ceylon Barclays Credit Suisse CTBC Bank Deutsche Bank HSBC Maybank MUFJ Rabobank Scotiabank Standard Chartered India Wholly owned subsidiary (WOS) DBS Bank State Bank of Mauritius Wound up/closed (or in process) Antwerp Diamond Bank Citibank Small finance banks AU Fincare Capital ESAF Equitas Jana North East Suryoday Ujjivan Unity Payments banks Airtel Fino National Securities Depository India Post Jio Paytm Surrendered licencees or wound up Aditya Birla Vodafone M-Pesa Tech Mahindra Cooperative banks Abhyudaya Co-operative Bank. Buldana Urban Cooperative Credit Society Cosmos Bank Dombivli Nagari Sahakari Bank Kerala Bank Mizoram Co-operative Apex Bank Punjab and Maharashtra Co-operative Bank Repco Bank Saraswat Bank Shamrao Vithal Co-operative Bank TNSC Bank Thane Janata Sahakari Bank Regional rural banks Assam Gramin Vikash Bank Bangiya Gramin Vikash Bank Karnataka Gramin Bank Mizoram Rural Bank Paschim Banga Gramin Bank Puduvai Bharathiar Grama Bank Tamil Nadu Grama Bank Uttar Bihar Gramin Bank Uttarakhand Gramin Bank Vananchal Gramin Bank Andhra Andhra Pradesh Grameena Vikas Bank Andhra Pragathi Grameena Bank Kerala Kerala Gramin Bank North Malabar Gramin Bank South Malabar Gramin Bank Uttar Pradesh Allahabad UP Gramin Bank Gramin Bank of Aryavart Sarva UP Gramin Bank Defunct banks Merged PSB New Bank of India Dena Bank Vijaya Bank Allahabad Bank Andhra Bank Corporation Bank Oriental Bank of Commerce United Bank of India Syndicate Bank SBI Bank of Bombay Bank of Calcutta Bank of Madras Imperial Bank of India State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Patiala State Bank of Saurashtra State Bank of Travancore Bharatiya Mahila Bank Krishnaram Baldeo Bank Kashinath Seth Bank Rescued Global Trust Bank (OBC) Lakshmi Vilas Bank (DBS) Nedungadi Bank (PNB) United Western Bank (IDBI) United Industrial Bank (Allahabad Bank) Punjab and Maharashtra Co-operative Bank (Unity SFB) Acquired Bank of Madura Bank of Rajasthan Bengal Central Bank Centurion Bank of Punjab Chartered Bank of India, Australia and China Grindlays Bank National Bank of India ING Vysya Bank Mercantile Bank of India, London and China Lord Krishna Bank Times Bank Vysya Bank PSB Bharat Overseas Bank Pandyan Bank Wound up Bank of Chettinad Dass Bank Failed Alliance Bank of Simla Arbuthnot & Co Commercial Bank of India Exchange Bank of India & Africa (New) Oriental Bank Corporation Oudh Commercial Bank Madhavpura Mercantile Cooperative Bank Liquidated Bengal Bank (1784) Bank of Bombay (1720) Bank of Hindostan General Bank of India General Bank of Bengal and Bihar Nath Bank Palai Central Bank The Commercial Bank (1819) The Calcutta Bank (1824) The Union Bank (1828) The Government Savings Bank (1833) The Bank of Mirzapore (1835) Travancore National and Quilon Bank Networks Interbank networks Cirrus NFS PLUS ATM networks BANCS Cashnet CashTree MITR Cards Mastercard Debit Mastercard Maestro RuPay Visa Visa Debit Visa Electron Online transfers AEPS BBPS BHIM IMPS NEFT RTGS UPI Payment service providers Atom BHIM BillDesk CCAvenue Juspay Paytm Wibmo Zeta India Digital wallets Amazon Pay BharatPe Freecharge Google Pay Mobikwik Oxigen Services Payoneer PayU Payworld PhonePe Related topics ATM usage fees Bank run Black money Counterfeit money De-materialisation (de-mat) Demonetisation 2016 Low denomination coins Foreign exchange (ForEx) Lists: List of banks List of oldest banks in India Protocol and codes Bharat Bill Payment System (BBPS) Indian Financial System Code (IFSC) National Unified USSD Platform (NUUP) Structured Financial Messaging System (SFMS) Rates & ratios Rates Bank rate Mumbai Inter-Bank Bid Rate - MIBID/Mumbai Inter-Bank Offer Rate - MIBOR Mumbai Interbank Forward Offer Rate - MIFOR Ratios Capital Adequacy Ratio - CAR Statutory Liquidity Ratio - SLR Cash Reserve Ratio - CRR Regulators Insurance - IRDAI Banking - RBI Securities - SEBI Bankruptcy - IBBI Insolvency, bankruptcy and reconstruction Boards BIFR IBBI CERSAI Legislation IBC SARFESI Act Companies ARCIL Edelweiss ARC IAMCL Legislation Banking Regulation Act, 1949 Government Securities Act, 2006 IBC, 2016 NaBFID, 2021 RBI Act, 1934 SARFESI Act, 2002 Income-tax Act, 1961 Companies Act, 2013 Insurance Act, 1938 FEMA, 1999 Tribunals Company Law - NCLT Appellate - NCLAT Measures Prompt Corrective Action Other Institute of Banking Personnel Selection Mumbai Consensus v t e Indian rupee (₹) Subunits Pie (obsolete) Anna (obsolete) Paisa Coins Present 50 ₹1 ₹2 ₹5 ₹10 ₹20 Obsolete 1 paisa 2 paise 3 paise 5 paise 10 paise 20 paise 25 paise Banknotes Series Lion Capital Series Mahatma Gandhi Series Mahatma Gandhi New Series Digital rupee (e₹) Denominations ₹1 ₹5 ₹10 ₹20 ₹50 ₹100 ₹200 ₹500 obsolete ₹2 ₹1000 ₹2000 Symbol Indian rupee sign Mints India Government Mint Hyderabad Mint Kolkata Mint Mumbai Mint Noida Mint Printers SPMCIL Nashik Dewas BRBNML Mysore Salboni Topics Reserve Bank of India National Payments Corporation of India Economy of India 1978 demonetisation 2016 demonetisation v t e Financial services in India Banking Commercial banking Scheduled banks Commercial Private Axis Bandhan CSB City Union DCB Dhanlaxmi Federal HDFC ICICI IDBI IDFC First IndusInd Karnataka Karur Vysya Kotak Mahindra Nainital RBL South Indian Tamilnad Mercantile Yes PSBs Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central Bank of India Indian Bank Indian Overseas Bank Jammu & Kashmir Bank Punjab & Sind Bank Punjab National Bank State Bank of India UCO Bank Union Bank of India Foreign Branches ABN AMRO Abu Dhabi Commercial Bank Antwerp Diamond Bank ANZ Bank Maybank Indonesia Bank of America Bank of Bahrain and Kuwait Bank of Ceylon Barclays Citibank Credit Suisse Deutsche Bank HSBC MUFG Bank Rabobank Royal Bank of Scotland Scotiabank Standard Chartered Subsidiaries DBS Bank State Bank of Mauritius RRBs Andhra Pradesh Grameena Vikas Bank Andhra Pragathi Grameena Bank Assam Gramin Vikash Bank Bangiya Gramin Vikash Bank Kerala Gramin Bank North Malabar Gramin Bank Mizoram Rural Bank Pallavan Grama Bank Pandyan Grama Bank Paschim Banga Gramin Bank South Malabar Gramin Bank Uttar Bihar Gramin Bank Uttarakhand Gramin Bank Vananchal Gramin Bank Cooperative District Co-operative Central Bank Buldhana Urban Cosmos Bank Mizoram Co-operative Apex Bank Rajkot Nagrik Sahakari Bank Repco Bank Saraswat Bank Shamrao Vithal Co-operative Bank TNSC Bank Chennai Central Cooperative Bank Uttar Pradesh Allahabad UP Gramin Bank Gramin Bank of Aryavart Sarva UP Gramin Bank Niche banks SFBs AU Capital ESAF Equitas Fincare Jana North East Suryoday Ujjivan Payments banks Airtel Fino NSDL Payments Bank Limited India Post Jio Paytm Surrendered licencees Sun Pharmaceuticals Tech Mahindra Wound up Aditya Birla Defunct banks Merged PSB New Bank of India Dena Bank Vijaya Bank Allahabad Bank Andhra Bank Corporation Bank Oriental Bank of Commerce United Bank of India Syndicate Bank SBI Bank of Bombay Bank of Calcutta Bank of Madras Imperial Bank of India State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Patiala State Bank of Saurashtra State Bank of Travancore Bharatiya Mahila Bank Rescued Global Trust Bank Lakshmi Vilas Bank Nedungadi Bank United Western Bank United Industrial Bank Acquired Bank of Madura Bank of Rajasthan Bengal Central Bank Centurion Bank of Punjab Chartered Bank of India, Australia and China Grindlays Bank National Bank of India ING Vysya Bank Mercantile Bank of India, London and China Lord Krishna Bank PSB Bharat Overseas Bank Pandyan Bank Wound up Bank of Chettinad Dass Bank Failed Alliance Bank of Simla Arbuthnot & Co Commercial Bank of India Exchange Bank of India & Africa (New) Oriental Bank Corporation Oudh Commercial Bank Madhavpura Mercantile Cooperative Bank Liquidated Bank of Hindostan Nath Bank Palai Central Bank Networks Interbank networks Cirrus NFS PLUS ATM networks BANCS Cashnet CashTree MITR Financial technology Online transfers BBPS IMPS NEFT RTGS UPI AEPS BHIM Cards MasterCard Debit MasterCard Maestro RuPay Visa Visa Debit Visa Electron Visa payWave Payment service Atom BHIM BillDesk CCAvenue Google Pay Zeta India Digital wallets Amazon Pay Freecharge Mobikwik Oxigen Services Payoneer Paytm PayU Payworld PhonePe Other ATM usage fees De-Materialisation (De-Mat) Foreign Exchange (ForEx) Indian Financial System Code (IFSC) List of banks National Unified USSD Platform (NUUP) Protocol BBPS Structured Financial Messaging System (SFMS) Investment banking A.K. Capital Services Ltd. Ambit Corporate Finance Pvt.Ltd. Anand Rathi Advisors Ltd. Ashika Capital Ltd. Avendus Capital Pvt.Ltd. Axis Bank Ltd. Axis Capital Ltd. Barclays Bank Plc Bcb Brokerage Pvt.Ltd. Birla Capital & Financial Services Ltd. BNP Paribas Bob Capital Markets Ltd. Boi Merchant Bankers Ltd. Canara Bank Central Bank Of India Centrum Capital Ltd. Chartered Finance Management Ltd. Choice Capital Advisors Pvt.Ltd. Citigroup Global Markets India Pvt.Ltd. Credit Suisse Securities (India) Pvt.Ltd. Deutsche Equities India Pvt.Ltd. DSP Merrill Lynch Ltd. Edelweiss Financial Services Ltd. Ernst & Young Merchant Banking Services Pvt.Ltd. HDFC Bank Ltd. HSBC Securities & Capital Markets (India) Pvt.Ltd. ICICI Securities Ltd. IDBI Capital Market Services Ltd. IDFC Securities Ltd. IIFL Holdings Ltd. Il&Fs Capital Advisors Ltd. Indian Overseas Bank Inga Capital Pvt.Ltd. Jefferies India Pvt.Ltd. JM Financial Institutional Securities Ltd. JP Morgan India Pvt.Ltd. Karvy Investor Services Ltd. Keynote Corporate Services Ltd. KJMC Corporate Advisors (India) Ltd. Kotak Mahindra Capital Co.Ltd. Lazard India Pvt.Ltd. Morgan Stanley India Co.Pvt.Ltd. Motilal Oswal Investment Advisors Pvt. Ltd. Munoth Financial Services Ltd. Pantomath Capital Advisors Pvt.Ltd. Religare Capital Markets Ltd. Rothschild (India) Pvt.Ltd. Saffron Capital Advisors Pvt.Ltd. SBI Capital Markets Ltd. SMC Capitals Ltd. Trust Investment Advisors Pvt.Ltd. UBS Securities India Pvt.Ltd. Union Bank Of India Vivro Financial Services Pvt.Ltd. Yes Bank Ltd. Institutions SIDBI NABARD EXIM IFCI Asset management Hedge funds True Beacon Mutual funds Axis Baroda Pioneer Birla Sun Life BNP Paribas BOI AXA Canara Robeco PGIM DHFL Pramerica DSP Edelweiss Escorts Franklin Templeton Investments Goldman Sachs HDFC AMC HSBC Global ICICI Prudential IDBI IDFC IIFCL Asset Management IIFL IL & FS Infra Indiabulls JM Financial Kotak L & T LIC Nomura Mirae Nippon India Motilal Oswal Peerless PPFAS Quantum Religare Sahara SBI Shriram Sundaram Tata Taurus Union KBC Unit Trust of India InvITs REITs Brookfield Real Estate Trust Mindspace Business Parks REIT IIFL Real Estate Investment Trust Embassy Office Parks REIT Other Telecom Digital Fibre Infrastructure Trust Tower Infrastructure Trust Energy India Grid Trust India Infrastructure Trust POWERGRID Infrastructure Investment Trust Roads Indian Highway Concessions Trust IndInfravit Trust IRB Infrastructure IRB InvIT Fund MEP Infrastructure Investment Trust National Highways Infra Trust Oriental InfraTrust Roadstar Infra Investment Trust Shrem Invit Insurance Companies Agriculture Agriculture Insurance Company of India General Private Bajaj Allianz Aditya Birla Capital Care Health Insurance Cholamandalam MS Edelweiss Group HDFC ERGO Future Generali ICICI Lombard ManipalCigna Health Kotak Mahindra Reliance Royal Sundaram TATA AIG SBI General Shriram General Insurance Max Bupa Star Health Govt National Insurance New India Assurance Oriental Insurance United India Employees State Insurance (ESI) Life Aegon Life Aviva India Bajaj Allianz Birla Sun Life Canara HSBC OBC Life Edelweiss Group Exide Life HDFC Life ICICI Prudential LIC Max Life Peerless Group PNB MetLife Reliance Kotak SBI Life Shriram Life Insurance Tata AIA Reinsurance GIC-Re Repository CDSL NSDL Policy Agricultural insurance in India National Health Policy Pradhan Mantri Fasal Bima Yojana Pradhan Mantri Suraksha Bima Yojana Pradhan Mantri Jeevan Jyoti Bima Yojana Ayushman Bharat Yojana Rashtriya Swasthya Bima Yojana Biju Swastya Kalyan Yojana Other CISR Insurance Institute of India Financial markets Stock exchanges Functional BSE Phiroze Jeejeebhoy Towers NSE NSE IFSC NSE EMERGE Other Calcutta Stock Exchange India International Exchange United Stock Exchange of India De-recognized Bangalore Cochin Coimbatore Inter-connected Stock Exchange of India Madhya Pradesh Madras Magadh Mangalore Saurashtra Kutch Ahmedabad Stock Bhubaneswar Delhi Gauhati Jaipur Ludhiana OTC Exchange of India Pune UP Vadodara Meerut Capital Stock Exchange of Kerala Commodity exchanges India International Bullion Exchange Bharat Diamond Bourse Indian Energy Exchange International Pepper Exchange Multi Commodity Exchange National Commodity and Derivatives Exchange National Spot Exchange Surat Diamond Bourse Universal Commodity Exchange Brokerages Online Angel Axis Dhani Edelweiss FundsIndia Geogit HDFC India Infoline Kuvera.in Motilal Oswal Scripbox Reliance Sharekhan Other Darashaw Depositories NSDL CDSL StockHolding Corporation of India Karvy Corporate Rating agencies For companies Acuite/SMERA Brickworks CARE Ratings CRISIL (S&P) Hunter (Experian) ICRA (Moody's) India Ratings & Research (Fitch) Infomerics Valuation ONICRA For individuals Equifax Experian Highmark TransUnion CIBIL Financial crime Events 1992 Indian stock market scam People Harshad Mehta Abdul Karim Telgi Ramalinga Raju Hasan Ali Khan Ketan Parekh Other CAMS CERSAI Alternative financial services Digital lending Fullerton India Hero FinCorp Housing finance Aavas Financiers DHFL Home First Finance HUDCO HDFC LIC Housing Finance National Housing Bank Odisha Rural Housing & Development Corporation PNB Housing Finance Chit funds Saradha Group financial scandal Rose Valley financial scandal Microfinance Bandhan Bank BASIX (India) Bharat Financial Inclusion ESAF Small Finance Bank Grama Vidiyal National Bank for Agriculture and Rural Development Satin Creditcare Network Limited Other Peer-to-peer lending Kitty party Angel investment, venture capital & private equity Angel investments Indian Angel Network Venture capital Chiratae Ventures Embassy Group Indian Angel Network Unitus Seed Fund Private equity Kotak Private Equity Chrys Capital India Value Fund - True North Motilal Oswal Private Equity IDFC Private Equity Fund ICICI Venture Fund CX Partners Premji Invest Kedaara Capital JM Financial Private Equity Legislation & regulation Banking Authorities & boards Central bank Reserve Bank of India Other IFSCA BBB BCSBI NPCI IBA IDRBT Legislation In force Reserve Bank of India Act, 1934 Government Securities Act, 2006 The State Bank of India Act, 1955 The Banking Companies (Acquisition And Transfer Of Undertakings) Act, 1970 Banking Regulation Act, 1949 International Financial Services Centres Authority Act, 2019 Repealed Public Debt Act, 1944 Asset management Legislation The Unit Trust of India Act, 1963 Indian Registration Act, 1908 Other regulations SEBI (Mutual Funds) Regulations, 1993 Insurance Authorities & boards IRDAI Insurance Association of India Life Insurance Council General Insurance Council Legislation In force Insurance Act, 1938 Industrial Policy Resolution of 1956 Life Insurance Corporation Act, 1956 Insurance Regulatory and Development Authority Act, 1999 The General Insurance Business (Nationalisation) Act, 1972 Repealed The British Insurance Act, 1870 Financial markets Authorities & boards SEBI Securities commission Forward Markets Commission Legislation In force SEBI, Act 1992 Forward Contracts (Regulation) Act, 1952 The Securities Contracts (Regulation) Act, 1956 Alternative financial services Authorities & boards NHB Legislation Microfinance Tamil Nadu Money-Lenders Act, 1957 The Bombay Money-Lenders Act, 1946 The Karnataka Money-Lenders Act, 1961 The Kerala Money-Lenders Act, 1958 Bengal Money-Lenders Act, 1940 The Rajasthan Money-Lenders Act, 1963 Other Multi-State Cooperative Legislation Act, 2002 Mutually Aided Cooperative Acts The National Housing Bank Act, 1987 The Chit Funds Act, 1982 Alternative investment funds Authorities & boards Indian Association of Alternative Investment Funds (IAAIF) Legislation Indian Trusts Act, 1882 Regulations SEBI (Venture Capital Funds) Regulations, 1996 SEBI AIF Regulations, 2012 SEBI (Investment Advisers) Regulations 2013

• Companies
• India
• Business and economics

• Government-owned banks of India
• Organisations based in Mumbai
• Banks established in 1982
• Financial services companies based in Mumbai
• Indian companies established in 1982
• 1982 establishments in Maharashtra