the Second World War damaged economies of the most of the countries, particularly of those who were directly involved in the war. The global war had completely dislocated the multilateral trade and had caused massive destruction of life and property. In 1945, it was realized to concentrate on reconstructing these war affected countries. Besides it was also given a thought to develop underdeveloped economies in planned way. IBRD was established in 27th December 1945 along with the IMF on the basis of the recommendation of the Bretton wood conference. These two organizations are called Bretton wood twins. The head quarters of World Bank in Washington DC, USA. In April 2012, membership of World Bank increased to 188 countries. Delegates from a wide variety of countries attended the Bretton woods conference, but the most powerful countries in attendance, the United States and United Kingdom, mainly shaped negotiations.IBRD started functioning in June 1946. India is a member of four constituents of the World Bank group i.e. IBRD, IDA, IFC and MIGA but not the fifth institute ICSID.the main purpose of the study is to investigate the impact of World Bank policy on Indian economic growth.