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IDBI BANK LIMITED

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IDBI BANK LIMITED IDBI Bank Limited “was established in 1964 as Industrial Development Bank of India, a development finance institution, which provided financial services to the industrial sector. In 2005, the institution was merged with its commercial division, IDBI Bank, forming the present-day banking entity and was categorised as ‘other development finance institution’ category. Later in March 2019, Government of India asked to infuse capital in the bank due to high NPA and capital adequacy issues and also asked LIC to manage the bank to meet the regulatory norms. IDBI was put under Prompt corrective action of the RBI and on 10th March 2021 IDBI came out of the PCA. At present direct and indirect shareholding of Government of India in IDBI Bank is approximately 95%, which Government of India vide its communication F.No. 8/2/2019-BO-II dated December 17, 2019, has clarified and directed all Central/State Government departments to consider IDBI Bank for allocat

SECURITIES EXCHANGE BOARD OF INDIA

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SECURITIES EXCHANGE BOARD OF INDIA The Securities and Exchange Board of India (SEBI) was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India. It was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992 as a statutory body. The Preamble of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as "...to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto". Its logo in dark blue colour has its acronym written depicting a secured enclosure, which facilitates transaction by a human. https://www.sebi.gov.in/about-sebi.html http://www.sebi.gov.in/images/left_mumbai.gif https://en.wikipedia.org/w/index.php?curid=26210549 http://www.sebi.gov.in/sebiweb/stpages/about_s

FORWARD MARKETS COMMISSION

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FORWARD MARKETS COMMISSION Forward Markets Commission (FMC) headquartered at Mumbai, is a regulatory authority for commodity futures market in India. It is a statutory body set up under Forward Contracts (Regulation) Act 1952.  Functions of the Forward Markets Commission are 1) To advise the Central Government in respect of the recognition or the withdrawal of recognition from any association or in respect of any other matter arising out of the administration of the Forward Contracts (Regulation) Act 1952; 2) To keep forward markets under observation and to take such action in relation to them, as it may consider necessary, in exercise of the powers assigned to it by or under the Act;. 3) To collect and whenever the Commission thinks it necessary, to publish information regarding the trading conditions in respect of goods to which any of the provisions of the Act is made applicable, including information regarding supply, demand and prices, and to submit to the Central Government, per