Sitting Duck for Take-over


This seems paradoxical, considering that IDBI's resources have been dwindling. The budgetary allocation to IDBI in 1967-68 was about Rs 39 crores, that in 1968-69 Rs 25 crores, and that proposed for 1969-70 Rs 12 crores. Admittedly, this would to some extent be supplemented by an increasing return of funds invested in the past