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Industrial Development Bank of India Act, 1964

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The Industrial Development Bank of India Act, 1964 establishes the legal framework for the creation, functioning, and governance of the Industrial Development Bank of India (IDBI). It outlines the institution’s powers, responsibilities, and role in promoting industrial growth through financial assistance and development initiatives. This Act is essential for understanding IDBI’s statutory mandate within India’s financial and industrial sectors.

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Estimated delivery:December 4, 2025 - December 8, 2025

This edition provides the full and authoritative text of the Industrial Development Bank of India Act, 1964, a foundational statute in India’s financial and industrial development landscape. The Act defines the establishment of the Industrial Development Bank of India (IDBI), its objectives, organizational structure, and the wide range of functions it performs to promote industrial growth. It covers IDBI’s powers related to refinancing, project finance, credit facilities, industrial development initiatives, and coordination with other financial institutions. The book offers clarity on statutory provisions governing IDBI’s governance model, financial operations, regulatory powers, and relationship with the Government of India. It is structured to help readers understand both the historical significance and continuing relevance of IDBI in shaping India’s industrial financing ecosystem. This resource is invaluable for stakeholders in banking, corporate finance, legal compliance, and policy formulation. With easy-to-navigate sections and accurate legislative presentation, this edition serves as a dependable reference for academic, professional, and institutional use.

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