ALL INDIA DEVELOPMENT BANK

sunandaC

Sunanda K. Chavan
ALL INDIA DEVELOPMENT BANK

Development bank or Development financial institution (DFIs) were set up in India to cater to the medium to long term financing requirements of industry.
A large variety of financial institution have come into existence over the year to perform a variety of financial activities.

INDUSTRIAL FINANCE CORPORATION OF INDIA (IFCI).

INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA (ICICI).

Industrial Credit and Investment Corporation of India Bank is India's largest private sector bank by market capitalization and second largest overall in terms of assets.

Together with its subsidiaries, ICICI Bank offers a complete spectrum of financial services and products ranging from commercial banking to investment banking, mutual fund to insurance.


INDUSTRIAL DEVELOPMENT BANK OF INDIA (IDBI).


IDBI Bank is counted amongst the leading public sector banks of India, apart from claiming the distinction of being the 4th largest bank, in overall ratings. This is because of its wide network of 509 branches, 900 ATMs and 319 centers.

Apart from being involved in banking services, IDBI has set up institutions like The National Stock Exchange of India (NSE), The National Securities Depository Services Ltd. (NSDL) and the Stock Holding Corporation of India (SHCIL).

Objectives:-

To provide the excellent services to the enterprises.

To build an excellent industrial structure in the country.

To provide technical and administrative assistance for the formation or expansion of companies.

To conduct market and investment research and connection with the development of industries.

To co-ordinate, and monitor the entire range of credit facilities offered by the other institutions to the small industries.

Advantage:-

Tenor up to 15 years

Attractive Rate of Interest

Maximum Funding

Interest rate on daily reducing balance

Fixed and floating interest rate options

Simple documentations

Personalized doorstep services

Free legal and technical assistance.



NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT (NABARD).

SMALL INDUSTRIAL DEVELOPMENT BANK OF INDIA (SIDBI).
 
Major Objectives of Development Banks in India

1. Rapid Industrial growth

2. Encouraging entrepreneurs

3. Balanced regional development

4. Filling gaps

5. Helps government
 
ALL INDIA DEVELOPMENT BANK

Development bank or Development financial institution (DFIs) were set up in India to cater to the medium to long term financing requirements of industry.
A large variety of financial institution have come into existence over the year to perform a variety of financial activities.

INDUSTRIAL FINANCE CORPORATION OF INDIA (IFCI).

INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA (ICICI).

Industrial Credit and Investment Corporation of India Bank is India's largest private sector bank by market capitalization and second largest overall in terms of assets.

Together with its subsidiaries, ICICI Bank offers a complete spectrum of financial services and products ranging from commercial banking to investment banking, mutual fund to insurance.


INDUSTRIAL DEVELOPMENT BANK OF INDIA (IDBI).


IDBI Bank is counted amongst the leading public sector banks of India, apart from claiming the distinction of being the 4th largest bank, in overall ratings. This is because of its wide network of 509 branches, 900 ATMs and 319 centers.

Apart from being involved in banking services, IDBI has set up institutions like The National Stock Exchange of India (NSE), The National Securities Depository Services Ltd. (NSDL) and the Stock Holding Corporation of India (SHCIL).

Objectives:-

To provide the excellent services to the enterprises.

To build an excellent industrial structure in the country.

To provide technical and administrative assistance for the formation or expansion of companies.

To conduct market and investment research and connection with the development of industries.

To co-ordinate, and monitor the entire range of credit facilities offered by the other institutions to the small industries.

Advantage:-

Tenor up to 15 years

Attractive Rate of Interest

Maximum Funding

Interest rate on daily reducing balance

Fixed and floating interest rate options

Simple documentations

Personalized doorstep services

Free legal and technical assistance.



NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT (NABARD).

SMALL INDUSTRIAL DEVELOPMENT BANK OF INDIA (SIDBI).

Hey friend,

Please check attachment for Study on Evolution of Development Banks in India And Abroad, so please download and check it.
 

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