In March 2000, IDBI set up IDBI Intech Ltd as wholly owned subsidiary to undertake IT related activities. In March 2001, IDBI setup IDBI Trusteeship Services Ltd to provide technology driven information and professional services to subscribers and issuers of debentures, strategic management of Non Performing Assets and Stressed Assets of financial institutions and banks. In 2003, IDBI acquired entire shareholding of Tata Finance Ltd in Tata Home Finance Ltd, which subsequently was renamed as IDBI Home Finance Ltd. Thus it can be seen that IDBI has played important role in industrial development and development in finance and capital in general.