Solution

There are 4 All India Financial Institutions in India, these are-

• Industrial Development Bank of India (IDBI)

• Industrial Finance Corporation of India (IFCI)

• Export - Import Bank of India (Exim Bank)

• Industrial Reconstruction Bank of India (IRBI) now Industrial Investment Bank of India.

All India Financial Institutions (AIFI) are a group of financial regulatory bodies also known as the "financial instruments" that play a vital role in the financial markets in the proper allocation of resources, sourcing from businesses that have a surplus and distributing to others who have deficits, to have a continuous circulation of money in the economy.