<Li> National Bank for Agriculture and Rural Development (NABARD) </Li> <Li> Small Industries Development Bank of India (SIDBI) </Li> <Li> National Housing Bank (NHB) </Li> <P> IDBI is no more an AIFI and has been converted into universal bank by Government of India . The IDBI was established to provide credit for major financial facilities to assist with the industrial development of India . It was established in 1964 by RBI, and was transferred to the government of India in 1976 . The government holdings in IDBI, after the IPO, is 51.4% . By the end of September 2004, the IDBI asset base was Rs. 36850 crore . </P>

A brief overview of financial institutions in india