The Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003

An Act to provide for the transfer and vesting of the undertaking of the Industrial Development Bank of India to, and in, the Company to be formed and registered as a Company under the Companies Act, 1956 to carry on banking business and for matters connected therewith or incidental thereto and also to repeal the Industrial Development Bank of India Act, 1964.

Administered by Department of Financial Services· Ministry of Finance

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