Sunday, February 21, 2010

The Fixed Income Money Market and Derivatives Association of India (FIMMDA), an association of Scheduled Commercial Banks, Public Financial Institutions, Primary Dealers and Insurance Companies was incorporated as a Company under section 25 of the Companies Act, 1956 on June 3rd, 1998. FIMMDA is a voluntary market body for the bond, money and derivatives markets.

FIMMDA has members representing all major institutional segments of the market. The membership includes Nationalized Banks such as State Bank of India, its associate banks and other nationalized banks; Private sector banks such as ICICI Bank, HDFC Bank, IDBI Bank; Foreign Banks such as Bank of America, ABN Amro, Citibank, Financial institutions such as IDFC, EXIM Bank, NABARD, Insurance Companies like Life Insurance Corporation of India (LIC), ICICI Prudential Life Insurance Company, Birla Sun Life Insurance Company and all Primary Dealers.


Headquarters

Key people


ICICI BANK

Mumbai

K.V. Kamath,Chairman

India's largest private sector bank by market capitalization and second largest overall in terms of assets

HDFC BANK

Mumbai

Mr Deepak Parekh( founder)

Mr. Aditya Puri,MD

The first companies to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector.

IDBI BANK

Mumbai

Yogesh Agarwal, Chairman

one of India's leading public sector banks and 4th largest Bank in overall ratings. RBI categorized IDBI as an "other public sector bank".

BANK OF AMERICA

Charlotte, NC, USA

Walter E. Massey
Chairman of the Board

Brian Moynihan
President and CEO

the largest bank holding company in the United States, by assets, and the second largest bank by market capitalization.

ABN Amro

Amsterdam, Netherlands

Gerrit Zalm (CEO)

a Dutch bank, he bank was created as the result of the 1990-91 merger between Amsterdam-Rotterdam (AMRO) Bank and ABN, whose history dated back to the founding of the Nederlandsche Handel-Maatschappij bn 1824.

EXIM BANK

MUMBAI

Smt. Ravneet Kaur
CMD

anIndian government-owned financial institution for the public sector created by and Act of the Parliament of India: the Export-Import Bank of India Act 1981.

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