Company lists · Data refreshed September 2026
Top 23 National development banks based in India
RevenueBase identified 68 national development banks headquartered in India as of September 2026 and tracks 5,585 professional contacts across them, including 1,686 with verified work emails. Mumbai is the largest hub.
This list covers national 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 15, 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.
The 23 largest national development banks based in India
Ranked by team size| # | Company | Contacts | |||
|---|---|---|---|---|---|
| 1 | 2,829 contacts → | ||||
Indirect evidence Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 2 | 1,376 contacts → | ||||
Partial 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 15, 2026Thanks. The Data Team will review it. | |||||
| 3 | 178 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 15, 2026Thanks. The Data Team will review it. | |||||
| 4 | 169 contacts → | ||||
Indirect evidence “Intellecap, a part of the Aavishkaar Group, is a pioneer in building enabling ecosystems and channeling capital to create and nurture a sustainable & equitable society.” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 5 | 140 contacts → | ||||
Partial evidence “The importance of infrastructure for sustained economic development and influencing the living standards is well recognized.” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 6 | 126 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 15, 2026Thanks. The Data Team will review it. | |||||
| 7 | 46 contacts → | ||||
Partial evidence “Unitus Capital was founded in July 2008 to accelerate the development of local and international capital markets for the benefit of businesses delivering deep social and…” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 8 | 43 contacts → | ||||
Indirect evidence Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 9 | 40 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 15, 2026Thanks. The Data Team will review it. | |||||
| 10 | 29 contacts → | ||||
Partial evidence “Linpico Sarl is a global multidisciplinary development consultancy organization having headquarter in France and offices in India and Africa.” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 11 | 24 contacts → | ||||
Indirect evidence Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 12 | 19 contacts → | ||||
Indirect evidence “Kerala Infrastructure Investment Fund Board (KIIFB) came into existence on under the Kerala Infrastructure Investment Fund Act (Act 4 of to manage the Kerala Infrastructure…” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 13 | 18 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 15, 2026Thanks. The Data Team will review it. | |||||
| 14 | 15 contacts → | ||||
Indirect evidence “Jinesh Finance Solution (JFS) was incorporated in 2004 and has been active in the financial services sector for the past decade.” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 15 | 14 contacts → | ||||
Indirect evidence “A Global investment banking and financial advisory services company for all your financial needs that help you realize your business dreams.” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 16 | 12 contacts → | ||||
Partial evidence “Equicap Asia (Equicap) provides development services within infrastructure space in South Asia Region.” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 17 | 12 contacts → | ||||
Strong 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 15, 2026Thanks. The Data Team will review it. | |||||
| 18 | 8 contacts → | ||||
Indirect evidence “EDC Limited is a premier financial institution in Goa.” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 19 | 6 contacts → | ||||
Partial evidence “Our objective is to support our clients to make a positive impact towards achieving inclusive and sustainable socio - economic development and poverty reduction, achieved through…” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 20 | 5 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 15, 2026Thanks. The Data Team will review it. | |||||
| 21 | 2 contacts → | ||||
Partial evidence “Established in 1995 by experienced professionals in the field of project financing Rich experience of more than a decade in the field especially dealing with public sector banks…” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 22 | 1 contacts → | ||||
Indirect evidence “T Consult and Associates aims to provide quality advisory services in the fields of Infrastructure, Real Estate, Climate Change, Environment Social and Governance (ESG).” Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
| 23 | 1 contacts → | ||||
Indirect evidence Source: RevenueBase Database · checked Sep 15, 2026Thanks. The Data Team will review it. | |||||
RevenueBase Smart Search
RevenueBase Smart Search assesses information from a company’s LinkedIn profile, information supplied directly by the company, its website, and other publicly available sources. It uses that information to rate how closely the company relates to this list’s category: national development banks. Every row carries its rating and the description the rating was read from, so each one can be checked rather than taken on trust.
- Strong evidence
- The company's own public description of its business names national development banks.
- Partial evidence
- Its own public description names part of national development banks, so it works in or next to the category without describing itself that way.
- Indirect evidence
- The description shown does not name national development banks. The match rests on the rest of the company's public profile rather than the one sentence quoted here, so this is the rating to check first.
RevenueBase Smart Search is how these lists are built: RevenueBase's data engine and AI assemble the companies that match a category defined in a user's own words, so a list can be about what companies actually do rather than about whichever industry code they were filed under.
Showing 23 of 68 national development banks based in India
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National development banks based in India at a glance
As of Sep 15, 2026Companies by employee count
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 68 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 national 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 “national 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 national 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 national 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, 1,686 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 15, 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 national 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 national development banks are there based in India?
RevenueBase identified 68 national 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?
Nabard, headquartered in Mumbai, tops this list with the largest team on record.
Which city has the most national development banks?
Mumbai leads with 12 headquartered companies, followed by New Delhi (11) and Bangalore (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 1,686 verified decision-maker contacts tracked across these 68 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 15, 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.
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