The document discusses the need for financial institutions in India after independence to accelerate industrial growth. It outlines several major financial institutions established at all-India and regional levels to provide financial assistance to industries, including the Industrial Credit and Investment Corporation of India, Small Industries Development Corporation, Small Industries Development Bank of India, and Industrial Development Bank of India. It also notes the role of commercial banks in accepting deposits, advancing loans, investing funds, promoting check usage, and financing internal and foreign trade. The document provides brief descriptions of the functions of these major financial institutions.

1. SCHOOL OF MANAGEMENT STUDIES
Submitted by:
NAME: M.MANIDEEPIKA
ROLL NO:13021E0009

2. FINANCIAL INSTITUTIONS
 Need for financial Institutions arouse in many countries
after second world war.
 In under developed countries the need for such institutions
was more due to organizational and financial problems
inherent in the process of industrialization.
 In 1918 Industrial commission had recommended the
establishment of financial Institutions in India.
 After Independence, a number of financial institutions have
been set up at all India and regional levels for accelerating
the growth of Industries by providing financial assistance
required.

3. MAJOR FINANCIAL INSTITUTIONS
MAJOR
FINANCIAL
INSTITUTIONS
INDUSTRIAL CREDIT
AND INVESTMENT
CORPORATION OF
INDIA
SMALL INDUSTRIES
DEVELOPMENT
CORPORATION
SMALL INDUSTRIED
DEVELOPMENT BANK
OF INDIA
INDUSTRIAL
DEVELOPMENT BANK
OF INDIA
COMMERCIAL BANKS

4. FUNCTIONS
COMMERCIAL
BANKS
•Acceptance of
deposits
•Advancing of loans
•Investment of Funds
•Promote the usage of
Cheques
•Purchase and sale of
foreign exchange
•Financing Internal
and Foreign Trade
SIDBI
•Re-Finance
•Discounting and
Re-Discounting
•Direct assistance
•Soft loans and
Speed capital
•Support to
SSICCs
•Help to NSIC
•Technology up
gradation
IDBI
•To co-ordinate activities
of other Institutions
•To provide re-finance to
scheduled banks or co-
operative banks
•To provide re-finance for
export credits
•To provide technical and
administrative assistance
for promotion,
management or growth of
Industry

5. Contd..
SIDC
•Identification of project
ideas
•Preparation of project
reports
•Promotion of projects in
public
•Development of
Industrial areas
•Sponsoring and
organizing
entrepreneurial
programs
ICICI
•Assisting in the
creation, expansion and
modernization of such
enterprises
•Encouraging and
prompting private
ownership
•Expansion of
investment market
•Providing finance in
terms of long term or
medium term loans

6. THANK YOU..!