Company lists · Data refreshed September 2026

Top 22 Industrial development banks based in India

RevenueBase identified 123 industrial development banks headquartered in India as of September 2026 and tracks 3,997 professional contacts across them, including 973 with verified work emails. New Delhi is the largest hub.

This list covers industrial development banks headquartered in India, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 17, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 17, 2026 86% judged on-target in blind review
123Companies
3,997Contacts tracked
973Verified emails
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The 22 largest industrial development banks based in India

Ranked by team size
Top 22 of 123 industrial development banks based in India, ranked by team size, largest first. Data refreshed Sep 17, 2026. RevenueBase Smart Search rates how each company's information relates to industrial development banks: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Strong evidenceLucknow, IndiaHQ checked Sep 17, 2026501-1,0001,376 contacts →

Strong evidence

“Set up on April 2, 1990 under an Act of Indian Parliament as a principal financial institution for- Promotion - Financing and - Development of industries in the MSME sector and -…”

Source: RevenueBase Database · checked Sep 17, 2026
2Indirect evidenceNew Delhi, IndiaHQ checked Sep 17, 2026201-500351 contacts →

Indirect evidence

“IFCI Ltd.”

Source: RevenueBase Database · checked Sep 17, 2026
3Partial evidenceBangalore, IndiaHQ checked Sep 17, 202651-200178 contacts →

Partial evidence

“Infrastructure Development Corporation (Karnataka) Limited (iDeCK), was incorporated on June 30, as a joint venture between the Government of Karnataka (GoK), Infrastructure…”

Source: RevenueBase Database · checked Sep 17, 2026
4Indirect evidenceThiruvananthapuram, IndiaHQ checked Sep 17, 2026201-500153 contacts →

Indirect evidence

“The Kerala Financial Corporation (KFC), a public sector undertaking, is a state-owned financial corporation.”

Source: RevenueBase Database · checked Sep 17, 2026
5Indirect evidenceMumbai, IndiaHQ checked Sep 17, 202651-200126 contacts →

Indirect evidence

“Blend Financial Services Limited, founded in 1997, is a globally renowned Investment Banking Advisory with 300+ clients in over 110 countries.”

Source: RevenueBase Database · checked Sep 17, 2026
6Indirect evidenceNew Delhi, IndiaHQ checked Sep 17, 202651-20040 contacts →

Indirect evidence

“Tourism Finance Corporation of India Limited, popularly known as TFCI, is a premier public financial institution which commenced operations in 1989 with core objective of…”

Source: RevenueBase Database · checked Sep 17, 2026
7Indirect evidenceNew Delhi, IndiaHQ checked Sep 17, 202611-5040 contacts →

Indirect evidence

“We connect global markets through exports, imports, international tendering, financing, and distribution, enabling businesses and institutions to access high-quality products…”

Source: RevenueBase Database · checked Sep 17, 2026
8Indirect evidenceBengaluru North, IndiaHQ checked Sep 17, 20261,001-5,00025 contacts →

Indirect evidence

“We are creating infrastructure that stands the test of time.”

Source: RevenueBase Database · checked Sep 17, 2026
9Indirect evidenceMumbai, IndiaHQ checked Sep 17, 202611-5024 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 17, 2026
10Strong evidenceChennai, IndiaHQ checked Sep 17, 202651-20023 contacts →

Strong evidence

“Tamilnadu Industrial Development Corporation Limited is a premier industrial development agency of the Government of Tamil Nadu, established in 1965.”

Source: RevenueBase Database · checked Sep 17, 2026
11Indirect evidenceHyderabad, IndiaHQ checked Sep 17, 20261-1019 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 17, 2026
12Indirect evidenceNew Delhi, IndiaHQ checked Sep 17, 202611-5018 contacts →

Indirect evidence

“AFII was founded in the year 1996 to provide Project Finance advisory services as also to manage group investments.”

Source: RevenueBase Database · checked Sep 17, 2026
13Strong evidenceGandhinagar, IndiaHQ checked Sep 17, 202651-20017 contacts →

Strong evidence

Industrial Extension Bureau, popularly known as iNDEXTb is a Government of Gujarat Organisation established with the objective of accelerating the industrial development in the…”

Source: RevenueBase Database · checked Sep 17, 2026
14Partial evidenceNew Delhi, IndiaHQ checked Sep 17, 202611-5012 contacts →

Partial evidence

“Equicap Asia (Equicap) provides development services within infrastructure space in South Asia Region.”

Source: RevenueBase Database · checked Sep 17, 2026
15Partial evidenceMumbai, IndiaHQ checked Sep 17, 202651-20012 contacts →

Partial evidence

“The National Bank for Financing Infrastructure and Development (NaBFID) is a specialized Development Finance Institution in India aimed at supporting the country's infrastructure…”

Source: RevenueBase Database · checked Sep 17, 2026
16Indirect evidenceNoida, IndiaHQ checked Sep 17, 202611-5010 contacts →

Indirect evidence

“We are a management consulting organization providing concept to commissioning services, working with an objective to provide commercially sustainable and integrated solutions for…”

Source: RevenueBase Database · checked Sep 17, 2026
17Indirect evidencePanaji, IndiaHQ checked Sep 17, 202651-2008 contacts →

Indirect evidence

“EDC Limited is a premier financial institution in Goa.”

Source: RevenueBase Database · checked Sep 17, 2026
18Indirect evidenceNew Delhi, IndiaHQ checked Sep 17, 20261-107 contacts →

Indirect evidence

“Our Hub Of Innovative Companies Will Ensure Long-Term Growth By Providing Best Practices Across All Our Services.”

Source: RevenueBase Database · checked Sep 17, 2026
19Indirect evidenceKochi, IndiaHQ checked Sep 17, 202611-505 contacts →

Indirect evidence

“Cheraman Group- Cheraman group is established with a vision to become a proactive and a dynamic value based financial service institution, providing innovative & unique financial…”

Source: RevenueBase Database · checked Sep 17, 2026
20Indirect evidenceBengaluru North, IndiaHQ checked Sep 17, 202611-503 contacts →

Indirect evidence

“Ascendia Expansion Solutions LLP is your trusted partner for unlocking the potential Capability Centres.”

Source: RevenueBase Database · checked Sep 17, 2026
21Indirect evidenceDelhi, IndiaHQ checked Sep 17, 202611-502 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 17, 2026
22Partial evidencePune, IndiaHQ checked Sep 17, 20261-101 contacts →

Partial evidence

“SMT INNOVATIVE was founded in 2019 with a vision to Support & make Rapid Growth on Industrialization of Nation and make some great changes while gaining trust of our customers and…”

Source: RevenueBase Database · checked Sep 17, 2026

Showing 22 of 123 industrial development banks based in India

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Industrial development banks based in India at a glance

As of Sep 17, 2026
24.3%Verified-email coverage
32.5Average contacts per company
11-50Median size (employees)
10.6%Largest-city concentration · New Delhi
Sep 17, 2026Page data refreshed

Companies by employee count

1-10
30
11-50
47
51-200
20
201-500
13
501-1,000
3
1,001-5,000
6
5,001-10,000
1
10001+
2

Email recency for this list is measured worldwide rather than for India, so it is reported there. Company counts and contact totals on this page are exact for India, over 123 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among industrial development banks, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in India whose own description of what they do matches “industrial development banks”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names industrial development banks), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among industrial development banks, and records with no verified work email. Companies headquartered outside India are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 973 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 17, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names industrial development banks, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many industrial development banks are there based in India?

RevenueBase identified 123 industrial development banks headquartered in India as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Sidbi Small Industries Development Bank Of India, headquartered in Lucknow, tops this list with the largest team on record.

Which city has the most industrial development banks?

New Delhi leads with 13 headquartered companies, followed by Mumbai (8) and Hyderabad (6).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 973 verified decision-maker contacts tracked across these 123 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 17, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.