In June 1985, All India Financial Institutions established HARDICON, with equity participation from Nationalized Banks and State Level Institutions of Delhi and Haryana. 51% of the equity is held jointly by All India Financial Institutions, 18% equity is held by the Nationalized Banks and the balance equity is held by the State Level Institutions of Delhi and Haryana. 

HARDICON derives its strength from its shareholders… 

• IFCI Limited 

• IDBI Bank Limited                         

• ICICI Bank Limited                                                                                      

• Haryana State Industrial & Infrastructure Development Corporation                  

• Haryana Financial Corporation                                       

• Delhi Financial Corporation                                                        

• Haryana Small Scale Industries Export Corporation                    

• Punjab National Bank                                                                

• Oriental Bank of Commerce                                                      

• State Bank of India   

• Bank of India                                                                     

• Central Bank of India                                                                 

• UCO Bank 

• Union Bank of India