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
| 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
| 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. |