Some of these AIFIs, in turn, regulate and/or supervise other institutions in the financial sector.
Thus, the Regional Rural Banks (RRBs) and Central and State Cooperative Banks are supervised by the Reserve Bank of India through National Bank for Agriculture and Rural Development (NABARD); State Financial Corporations (SFCs) through the Industrial Development Bank of India (IDBI) (since transferred to SIDBI) and the Housing Finance Companies through National Housing Bank (NHB).