Once there was an IDBI..

My new piece in Bloomberg Quint.

It documents the glorious days of IDBI where the financial institution was set up by RBI. It is one of those few entities which led to changes in RBI as an organisation. Now we know IDBI as a bank has been sold off to LIC and it could even lose its name  to becoming LIC Bank.

How India’s financial institutions and banks are exiting one after the other. But we have barely cared for documenting and preserving their history.. And soon we will be creating new institutions which will be just like the old ones under a new name.

It is not so much about history alone but also understanding the present and possibilities for future..

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