Table Supporting: Establishment of Various Financial Institutions
1.
Reserve Bank of India
1934
2.
Industrial Finance Corporation of India
1948. Sick financial institution.
3.
ICICI
1955
4.
SBI
1955. Nationalized
5.
Life Insurance Corporation (LIC)
1956
6.
Industrial Development Bank of India (IDBI)
1964
7.
Unit Trust of India (UTI)
1964
8.
HUDCO
1970
9.
General Insurance Corporation (GIC)
1972
10.
NABARD
1982
11.
SEBI (Replaced Controller of Capital Issue)
1988 Functional in 1992
12.
Small Industries Development Bank of India (SIDBI)
1990. Subsidiary of IDBI
13.
IRDA
1999
Various Acts & Their Enactment Years
Table Supporting: Various Acts & Their Enactment Years
1.
Banking Regulation Act
1949
2.
Industries (Development & Regulation) Act
1951
3.
MRTPAct
1969
4.
FERA
1973
5.
Negotiable Instrument Act
1981
6.
FEMA
2000
7.
Competition Act
2002
Table Supporting: Various Acts & Their Enactment Years
1.
Print Media
26% (Recent)
2.
Defense Sector
26% (Recent)
3.
Private Sector Banking, Radio (FM)
74%
4.
Insurance
26%
5.
Telecommunications
74%
6.
Trading
51%
7.
Power, Drugs & Pharmaceuticals, Road and highways, Ports
and harbours, Hotel & Tourism, Advertising, Films, Mass Rapid Transport Systems, Pollution Control & Management, Special Economic Zones, Petroleum Refining (Private Sector)
Construction Development, Non-Banking Financial Companies.
100%
8.
Airports
74%
9.
Domestic Airlines
49%
10.
Agriculture (including plantation except tea) , Atomic Energy, Railways (except Mass Rapid transport system)