N.B.I. Industrial Finance Company Limited operates as an established non-banking financial firm, primarily focusing on strategic investments in various shares and securities, alongside other financial endeavors. Established in 1936, the company initially conducted banking operations as "The New Bank Limited," later becoming "The New Bank of India Limited" until its banking segment was nationalized in 1980. Subsequently, it transitioned to its present identity as N.B.I. Industrial Finance Company Limited in May 1981, specializing as an RBI-registered, non-deposit-taking NBFC. The company's revenue streams largely comprise dividend and interest income from its investments, as well as gains from securities trading. Based in Kolkata, India, it became listed on the NSE in 2016 and recently completed the amalgamation of Western India Commercial Company Limited in 2022.