Who are the members of FIMMDA?
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, Bank of India, Bank of Baroda; 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 ICICI, IDBI, UTI, EXIM Bank; and Primary Dealers. Why should my organization be a member of FIMMDA?[Top ] FIMMDA addresses issues that affect the entire industry. Some of the work done in past pertains to issues like legal and accounting norms, documentation requirements and valuation methodologies. Planned initiatives include providing training and certification to members, setting up a dispute resolution mechanism as well as creating new products and addressing the attendant details. As a member, you have the opportunity to participate in all of FIMMDA’s activities and contribute to the development of the Indian debt markets.