There are so many financial companies established in India to absorb the saving of household sector. Government mobilizes this small saving in the economy through these financial institutions. These major and small institutions play the same role in the economy as the blood in the human body. Some examples of these financial institutions are RBI, SEBI, IDBI, EXIM Bank and Export Credit Guarantee Corporation of India (ECGC).
To Read more articles, click below
Microfinance Institutions in India
Structure of Banking Sector in India
Establishment Years of Major Financial Institutions in India
| 1921 |
| April 1, 1935 |
| 1948 |
| July 1, 1955 |
| 1955 |
| Sept.1956 |
| 30 July 1957 |
| July,1964 |
| Nov.1972 |
| Oct. 2, 1975 |
| 1977 |
| January 1, 1982 |
| March 20,1985 |
| 1987 |
| April 12, 1988 |
| July 1988 |
| 1990 |
| 1995 |
| April 1, 1995 |
| Jan.31, 1997 |
| Feb.1, 2003 |
| Feb. 2003 |
| April, 2006 |
| Dec.2008 |
-1757692528758.jpg)
Comments
All Comments (0)
Join the conversation