Ayushi posted an Question
September 09, 2020 • 16:53 pm 30 points
  • UGC NET
  • Economics

Small industries development bank of india is wholly a subsidiary of which of the following banks/institutions? 1. exim bank 2. reserve bank of india 3. nabard

Small industries development bank of India is wholly a subsidiary of which of the following banks/institutions? 1. EXIM Bank 2. Reserve Bank of India 3. NABARD 4. IDBI

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    Nidhi taparia best-answer

    Although oroginally SIDBI or Small Industries Development Bank of India was established as a wholly owned subsidiary of IDBI bank in 1990, but later in 2000, it was completely delinked from IDBI and currently it is an independent body not a subsidiary.

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