The State Finance Corporations (SFCs) are established by state governments to promote small and medium enterprises. There are currently 18 SFCs across India. SFCs provide financial assistance like loans and guarantees to industrial units. They mobilize funds from various sources like share capital, bonds, and bank loans. While SFCs aim to catalyze investment and job growth, they face challenges like limited funds, high interest rates, and a lack of technical expertise. Some also show a bias toward financing larger enterprises over small businesses.
The Industrial Finance Corporation of India (IFCI) was established in 1948 as the first development financial institution in India to provide long-term financing to industrial sectors. IFCI's authorized capital was initially Rs. 10 crores but was later raised to Rs. 20 crores. IFCI engages in direct financing, incidental activities, and promotional activities to support industries, including providing rupee and foreign currency loans, loan guarantees, technical assistance, and merchant banking services. IFCI obtains its resources from sources such as the Reserve Bank of India, share capital, retained earnings, bond issues, government loans, and international sources.
The District Industries Centre (DIC) program was started in 1978 by the central government to promote small, tiny, cottage and village industries in particular areas. DICs are funded equally by state and central governments. They operate under the Directorate of Industries and are headed by a General Manager. DICs provide various services to support small-scale industries, including registration, training, subsidies, project profiles, raw materials assistance, and marketing support. Their objectives are to accelerate industrialization, promote rural industries, attain economic equality, and help new entrepreneurs access government schemes.
State Financial Corporations (SFCs) were established by state governments to provide financing support to small and medium enterprises. SFCs obtain financial resources from various sources like share capital, loan repayments, bond sales, and borrowings. They offer various forms of assistance including direct assistance like term loans and equity investments, and indirect assistance like guarantees. SFCs have struggled due to poor investment decisions and long gestation periods for supported small businesses, leading to losses. For SFCs to be sustainable, business decisions must prioritize financial viability over political factors.
The 'District Industries Centre' (DICs)
Bijapur The Joint Director, District Industries Centre Industrial Estate, Station Back Road, Shikhara Khana, Bijapur - 586 101.
08352 250976 257125 250607
jd-bijapur@karnatakaindustry.gov.in
Small Industries Services Institutes (SISIs) were set up in each Indian state to provide consultancy and training to small and prospective entrepreneurs. There are 28 SISIs and 30 branch SISIs located in state capitals and other areas. SISIs assist in utilizing assets, promoting employment-oriented industries, and expanding marketing channels as small industries contribute 40% to total output and 35% to exports. SISIs provide assistance to existing and prospective entrepreneurs, conduct entrepreneurship and management training programs, perform industrial surveys, and assist with issues like pollution control and export promotion.
The document summarizes State Financial Corporations (SFCs) in India. SFCs were established by state governments in 1951 to provide financial assistance to small and medium industries. Their main functions are to provide loans, guarantees, and underwriting to eligible small and medium industries. SFCs are governed by boards of directors and obtain capital from sources such as share capital, bonds, debentures, public deposits, and state government borrowings. While SFCs aim to promote regional industrial development, they have been criticized for issues like inadequate assistance, delays in loan approvals, and a lack of technical expertise. Currently there are 18 SFCs operating in India.
The State Finance Corporations (SFCs) are established by state governments to promote small and medium enterprises. There are currently 18 SFCs across India. SFCs provide financial assistance like loans and guarantees to industrial units. They mobilize funds from various sources like share capital, bonds, and bank loans. While SFCs aim to catalyze investment and job growth, they face challenges like limited funds, high interest rates, and a lack of technical expertise. Some also show a bias toward financing larger enterprises over small businesses.
The Industrial Finance Corporation of India (IFCI) was established in 1948 as the first development financial institution in India to provide long-term financing to industrial sectors. IFCI's authorized capital was initially Rs. 10 crores but was later raised to Rs. 20 crores. IFCI engages in direct financing, incidental activities, and promotional activities to support industries, including providing rupee and foreign currency loans, loan guarantees, technical assistance, and merchant banking services. IFCI obtains its resources from sources such as the Reserve Bank of India, share capital, retained earnings, bond issues, government loans, and international sources.
The District Industries Centre (DIC) program was started in 1978 by the central government to promote small, tiny, cottage and village industries in particular areas. DICs are funded equally by state and central governments. They operate under the Directorate of Industries and are headed by a General Manager. DICs provide various services to support small-scale industries, including registration, training, subsidies, project profiles, raw materials assistance, and marketing support. Their objectives are to accelerate industrialization, promote rural industries, attain economic equality, and help new entrepreneurs access government schemes.
State Financial Corporations (SFCs) were established by state governments to provide financing support to small and medium enterprises. SFCs obtain financial resources from various sources like share capital, loan repayments, bond sales, and borrowings. They offer various forms of assistance including direct assistance like term loans and equity investments, and indirect assistance like guarantees. SFCs have struggled due to poor investment decisions and long gestation periods for supported small businesses, leading to losses. For SFCs to be sustainable, business decisions must prioritize financial viability over political factors.
The 'District Industries Centre' (DICs)
Bijapur The Joint Director, District Industries Centre Industrial Estate, Station Back Road, Shikhara Khana, Bijapur - 586 101.
08352 250976 257125 250607
jd-bijapur@karnatakaindustry.gov.in
Small Industries Services Institutes (SISIs) were set up in each Indian state to provide consultancy and training to small and prospective entrepreneurs. There are 28 SISIs and 30 branch SISIs located in state capitals and other areas. SISIs assist in utilizing assets, promoting employment-oriented industries, and expanding marketing channels as small industries contribute 40% to total output and 35% to exports. SISIs provide assistance to existing and prospective entrepreneurs, conduct entrepreneurship and management training programs, perform industrial surveys, and assist with issues like pollution control and export promotion.
The document summarizes State Financial Corporations (SFCs) in India. SFCs were established by state governments in 1951 to provide financial assistance to small and medium industries. Their main functions are to provide loans, guarantees, and underwriting to eligible small and medium industries. SFCs are governed by boards of directors and obtain capital from sources such as share capital, bonds, debentures, public deposits, and state government borrowings. While SFCs aim to promote regional industrial development, they have been criticized for issues like inadequate assistance, delays in loan approvals, and a lack of technical expertise. Currently there are 18 SFCs operating in India.
This document discusses the role of micro, small, and medium enterprises (MSMEs) in the Indian economy. It defines MSMEs based on investment levels and notes they are important for employment generation, innovation, regional development, and flexibility. The Ministry of MSME was created in 2007 to assist these businesses. Data shows MSMEs account for over 30 million units, 100 million jobs, and 45% of manufacturing output. They contribute significantly to exports, GDP growth, and are vital for equitable development.
This document discusses National Bank for Agriculture and Rural Development (NABARD), its vision, mission, objectives, roles and functions. NABARD is the apex organization for agriculture and rural development in India. It provides refinancing support to banks for loans to self-help groups. It also promotes various innovative projects for rural development. The document also discusses Small Industries Development Bank of India (SIDBI), its vision, mission, objectives, products and services in promoting micro, small and medium enterprises in India. Finally, it discusses the role and functions of Technical Consultancy Organizations which provide technical support to entrepreneurs and industrial projects.
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
District Industries Centres (DICs) were started in 1978 to provide integrated administrative and business support services to entrepreneurs at the district level. DICs aim to promote rural industrialization, economic equality, centralization of services, and develop entrepreneurial skills. They provide services such as assistance procuring plant and machinery, approvals, raw materials, certifications, credit, and marketing support. DICs also help identify business opportunities, facilitate registrations, offer interest-free loans, assist with government schemes, and provide outlets for product marketing. Each DIC is headed by a General Manager and supports the objectives of the Directorate of Industries.
Role and policy measures relating to development banks and financial institution in India, products and services offered by IFCI, IDBI, IIBI, SIDBI, IDFCL, EXIM Bank, NABARD and ICICI Meaning and benefits of mutual funds, types of mutual funds, SEBI guidelines relating to mutual funds.
The document summarizes several major financial institutions in India:
The Unit Trust of India (UTI) is an investment trust that mobilizes savings from small investors and channels them into shares and debentures of profitable companies to allow investors to participate in industrial growth.
The Industrial Development Bank of India (IDBI) was established to provide term financing to industry and coordinate other financial institutions. It aims to support industrial development.
State Financial Corporations (SFCs) were established to meet the financial needs of small and medium enterprises. They provide loans and assistance.
The Industrial Finance Corporation of India (IFCI) provides medium and long term credit to industrial projects in corporate and cooperative sectors. It aims
The Industrial Finance Corporation of India (IFCI) was established in 1948 by the Government of India to provide long-term financing to industries facing scarcity of capital. IFCI is the first development financial institution in India and provides medium to long term credit to public and private manufacturing companies. It has played a key role in modernizing Indian industry by providing funds to sectors like agriculture, basic goods, infrastructure and services. Over the years, IFCI has sanctioned over Rs. 462 billion to more than 5,700 companies, contributing significantly to India's industrial growth.
Ppt on Small Industries Development Bank of IndiaSatakshi Kaushik
1) Small Industries Development Bank of India (SIDBI) is a financial institution established in 1990 to aid the growth and development of micro, small and medium enterprises in India.
2) SIDBI aims to promote, finance, and develop small businesses through financing, promotion, development, and coordination activities. It provides loans for equipment, working capital, and work sheds.
3) SIDBI's mission is to facilitate and strengthen credit flow to small businesses and address financial and developmental gaps. Its vision is to be a single window for meeting small business needs and to enhance shareholder wealth through technology.
This document discusses development banks in India. It begins by providing context on the emergence of development banking after World War II to help reconstruct destroyed buildings and industries. In India, the first development bank was the Industrial Finance Corporation of India established in 1948. Development banks are defined as financial institutions that provide subsidized financing to promote important sectors like agriculture, industry, housing, and more. The document then discusses the roles and types of development banks in India, including industrial development banks like IFCI, IDBI, and SIDBI, agricultural banks like NABARD, export-import banks like EXIM Bank, and housing banks like NHB. It provides examples and details on the objectives and functions of some of these key development
Development financial institutions (DFIs) play an important role in India by providing long-term financing for industrial and infrastructure projects. DFIs were established to resolve market failures in financing long-term investments. Some of the first DFIs were created in Europe in the 1800s, and helped drive industrialization. In Asia, Japan Development Bank fostered rapid industrialization. In India, several national and state-level DFIs were established after independence to promote industrialization and rural development through long-term financing. National-level DFIs include NABARD, IFCI, IDBI, SIDBI, and Exim Bank, while state-level DFIs include State Financial Corporations and
Industrial Development Bank of India (IDBI) was established in 1964 as a development bank to promote industry in India. It has over 3,350 ATMs and 1,853 branches across India and one overseas branch in Dubai. IDBI provides loans, banking services, and financial products to corporations and individuals with a focus on developing small industries and rural/backward areas of India. Its subsidiaries include SIDBI, IDBI Bank, and companies focused on asset management, capital markets, and insurance.
The document summarizes the services provided by the National Small Industries Corporation (NSIC) to support small and medium enterprises in India. NSIC provides integrated support services including marketing support, technology support, credit support, and other services. It operates through various zonal offices, branch offices, sub-offices, and technical centers to deliver schemes focused on enhancing competitiveness through finance, marketing, and technology assistance.
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
SIDBI stands for Small Industries Development Bank of India. It is an independent financial institution aimed to aid the growth and development of micro, small and medium scale enterprises in India. It was set up in 1990 through an act of parliament as a wholly owned subsidiary of Industrial Development Bank of India. SIDBI's mission is to empower the Micro, Small and Medium Enterprises sector to contribute to economic growth, employment generation, and balanced regional development. It provides financial assistance to small scale industries, which contribute significantly to national production, employment, and exports.
The document discusses the Indian capital market. It has two segments - the primary market where new securities are first issued to investors, and the secondary market which is the stock exchange where existing securities are traded. The key functions of the capital market are to mobilize savings, facilitate capital formation and economic growth. It discusses various instruments like equity shares, bonds, and methods of issuance like IPO, right issue, bonus issue etc. Important participants include brokers, banks, mutual funds. The regulator is SEBI and it oversees raising of capital and trading according to guidelines.
Merchant banking refers to a range of financial services including underwriting shares, portfolio management, project counseling, and insurance provided by both commercial and investment banks for a fee. Merchant bankers play an important role as intermediaries between companies raising funds and investors. They perform various functions such as promotional activities, issue management, credit syndication, project counseling, portfolio management, and mergers and acquisitions. Merchant banking activities in India are regulated by the Securities and Exchange Board of India (SEBI). Other key players in the capital markets include underwriters, bankers to an issue, brokers to an issue, and registrars and share transfer agents.
The Unit Trust of India (UTI) was established in 1964 by the government of India to promote and pool savings from small investors and give them an opportunity to benefit. UTI was established with an initial capital of Rs. 5 crores contributed by several major banks and financial institutions. Its main functions are to encourage savings among lower and middle class people, sell units across India, convert small savings into industrial finance, and provide liquidity, advisory, and investment services. Over time UTI launched several unit schemes and funds for different objectives. It has progressed through different phases from 1964 to the present, and is now organized as the Specified Undertaking of UTI and UTI Mutual Fund Ltd.
The document discusses various topics related to entrepreneurship development and small businesses in India, including:
1. It describes entrepreneurship development programs that help individuals improve their skills and knowledge for starting a business.
2. A project report is summarized as providing necessary details for establishing a manufacturing or service business, including general information, project description, market potential, costs, financing, and economic and social considerations.
3. Several organizations that support small businesses in India are introduced, such as the District Industries Center, Small Industries Development Organization, State Industries Development Corporations, National Small Industries Corporation, and others. Their roles in offering services like credit, training, marketing assistance and industrial development are briefly outlined.
The document outlines India's industrial policies since independence. Key policies include the Industrial Policy Resolution of 1948 which accepted a mixed economy with government monopoly in select industries. The 1956 policy emphasized heavy industries and expanding the public sector. The 1973 policy gave preference to small and medium enterprises. The 1980 policy promoted competition and 1991 policy deregulated industry, allowed private sector flexibility, and reduced licensing/controls.
The document discusses three types of financial institutions in India: SIDBI, SFCs, and SIICs. [1] SIDBI was established in 1990 to provide financial and developmental assistance to small scale industries. [2] SFCs were established in 1951 under the State Financial Corporations Act and mobilize funds to provide loans primarily to small and medium enterprises. [3] SIICs were established as state government undertakings to promote and develop medium and large industries.
Financial instituitions ,types and servicesNeeraj Singh
The document summarizes various financial institutions that provide non-banking financial services in India. It discusses Non-Banking Financial Companies (NBFCs), their types and operations. It also describes several development financial institutions established by the Government of India and state governments to promote industrialization, such as Industrial Finance Corporation of India (IFCI), State Financial Corporations (SFCs), Industrial Reconstruction Bank of India (IRBI), State Industrial Development Corporations (SIDCs), and Small Industries Development Bank of India (SIDBI). These institutions provide financial assistance in the form of loans, guarantees, underwriting and other services to small, medium and large industrial sectors.
This document discusses the role of micro, small, and medium enterprises (MSMEs) in the Indian economy. It defines MSMEs based on investment levels and notes they are important for employment generation, innovation, regional development, and flexibility. The Ministry of MSME was created in 2007 to assist these businesses. Data shows MSMEs account for over 30 million units, 100 million jobs, and 45% of manufacturing output. They contribute significantly to exports, GDP growth, and are vital for equitable development.
This document discusses National Bank for Agriculture and Rural Development (NABARD), its vision, mission, objectives, roles and functions. NABARD is the apex organization for agriculture and rural development in India. It provides refinancing support to banks for loans to self-help groups. It also promotes various innovative projects for rural development. The document also discusses Small Industries Development Bank of India (SIDBI), its vision, mission, objectives, products and services in promoting micro, small and medium enterprises in India. Finally, it discusses the role and functions of Technical Consultancy Organizations which provide technical support to entrepreneurs and industrial projects.
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
District Industries Centres (DICs) were started in 1978 to provide integrated administrative and business support services to entrepreneurs at the district level. DICs aim to promote rural industrialization, economic equality, centralization of services, and develop entrepreneurial skills. They provide services such as assistance procuring plant and machinery, approvals, raw materials, certifications, credit, and marketing support. DICs also help identify business opportunities, facilitate registrations, offer interest-free loans, assist with government schemes, and provide outlets for product marketing. Each DIC is headed by a General Manager and supports the objectives of the Directorate of Industries.
Role and policy measures relating to development banks and financial institution in India, products and services offered by IFCI, IDBI, IIBI, SIDBI, IDFCL, EXIM Bank, NABARD and ICICI Meaning and benefits of mutual funds, types of mutual funds, SEBI guidelines relating to mutual funds.
The document summarizes several major financial institutions in India:
The Unit Trust of India (UTI) is an investment trust that mobilizes savings from small investors and channels them into shares and debentures of profitable companies to allow investors to participate in industrial growth.
The Industrial Development Bank of India (IDBI) was established to provide term financing to industry and coordinate other financial institutions. It aims to support industrial development.
State Financial Corporations (SFCs) were established to meet the financial needs of small and medium enterprises. They provide loans and assistance.
The Industrial Finance Corporation of India (IFCI) provides medium and long term credit to industrial projects in corporate and cooperative sectors. It aims
The Industrial Finance Corporation of India (IFCI) was established in 1948 by the Government of India to provide long-term financing to industries facing scarcity of capital. IFCI is the first development financial institution in India and provides medium to long term credit to public and private manufacturing companies. It has played a key role in modernizing Indian industry by providing funds to sectors like agriculture, basic goods, infrastructure and services. Over the years, IFCI has sanctioned over Rs. 462 billion to more than 5,700 companies, contributing significantly to India's industrial growth.
Ppt on Small Industries Development Bank of IndiaSatakshi Kaushik
1) Small Industries Development Bank of India (SIDBI) is a financial institution established in 1990 to aid the growth and development of micro, small and medium enterprises in India.
2) SIDBI aims to promote, finance, and develop small businesses through financing, promotion, development, and coordination activities. It provides loans for equipment, working capital, and work sheds.
3) SIDBI's mission is to facilitate and strengthen credit flow to small businesses and address financial and developmental gaps. Its vision is to be a single window for meeting small business needs and to enhance shareholder wealth through technology.
This document discusses development banks in India. It begins by providing context on the emergence of development banking after World War II to help reconstruct destroyed buildings and industries. In India, the first development bank was the Industrial Finance Corporation of India established in 1948. Development banks are defined as financial institutions that provide subsidized financing to promote important sectors like agriculture, industry, housing, and more. The document then discusses the roles and types of development banks in India, including industrial development banks like IFCI, IDBI, and SIDBI, agricultural banks like NABARD, export-import banks like EXIM Bank, and housing banks like NHB. It provides examples and details on the objectives and functions of some of these key development
Development financial institutions (DFIs) play an important role in India by providing long-term financing for industrial and infrastructure projects. DFIs were established to resolve market failures in financing long-term investments. Some of the first DFIs were created in Europe in the 1800s, and helped drive industrialization. In Asia, Japan Development Bank fostered rapid industrialization. In India, several national and state-level DFIs were established after independence to promote industrialization and rural development through long-term financing. National-level DFIs include NABARD, IFCI, IDBI, SIDBI, and Exim Bank, while state-level DFIs include State Financial Corporations and
Industrial Development Bank of India (IDBI) was established in 1964 as a development bank to promote industry in India. It has over 3,350 ATMs and 1,853 branches across India and one overseas branch in Dubai. IDBI provides loans, banking services, and financial products to corporations and individuals with a focus on developing small industries and rural/backward areas of India. Its subsidiaries include SIDBI, IDBI Bank, and companies focused on asset management, capital markets, and insurance.
The document summarizes the services provided by the National Small Industries Corporation (NSIC) to support small and medium enterprises in India. NSIC provides integrated support services including marketing support, technology support, credit support, and other services. It operates through various zonal offices, branch offices, sub-offices, and technical centers to deliver schemes focused on enhancing competitiveness through finance, marketing, and technology assistance.
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
SIDBI stands for Small Industries Development Bank of India. It is an independent financial institution aimed to aid the growth and development of micro, small and medium scale enterprises in India. It was set up in 1990 through an act of parliament as a wholly owned subsidiary of Industrial Development Bank of India. SIDBI's mission is to empower the Micro, Small and Medium Enterprises sector to contribute to economic growth, employment generation, and balanced regional development. It provides financial assistance to small scale industries, which contribute significantly to national production, employment, and exports.
The document discusses the Indian capital market. It has two segments - the primary market where new securities are first issued to investors, and the secondary market which is the stock exchange where existing securities are traded. The key functions of the capital market are to mobilize savings, facilitate capital formation and economic growth. It discusses various instruments like equity shares, bonds, and methods of issuance like IPO, right issue, bonus issue etc. Important participants include brokers, banks, mutual funds. The regulator is SEBI and it oversees raising of capital and trading according to guidelines.
Merchant banking refers to a range of financial services including underwriting shares, portfolio management, project counseling, and insurance provided by both commercial and investment banks for a fee. Merchant bankers play an important role as intermediaries between companies raising funds and investors. They perform various functions such as promotional activities, issue management, credit syndication, project counseling, portfolio management, and mergers and acquisitions. Merchant banking activities in India are regulated by the Securities and Exchange Board of India (SEBI). Other key players in the capital markets include underwriters, bankers to an issue, brokers to an issue, and registrars and share transfer agents.
The Unit Trust of India (UTI) was established in 1964 by the government of India to promote and pool savings from small investors and give them an opportunity to benefit. UTI was established with an initial capital of Rs. 5 crores contributed by several major banks and financial institutions. Its main functions are to encourage savings among lower and middle class people, sell units across India, convert small savings into industrial finance, and provide liquidity, advisory, and investment services. Over time UTI launched several unit schemes and funds for different objectives. It has progressed through different phases from 1964 to the present, and is now organized as the Specified Undertaking of UTI and UTI Mutual Fund Ltd.
The document discusses various topics related to entrepreneurship development and small businesses in India, including:
1. It describes entrepreneurship development programs that help individuals improve their skills and knowledge for starting a business.
2. A project report is summarized as providing necessary details for establishing a manufacturing or service business, including general information, project description, market potential, costs, financing, and economic and social considerations.
3. Several organizations that support small businesses in India are introduced, such as the District Industries Center, Small Industries Development Organization, State Industries Development Corporations, National Small Industries Corporation, and others. Their roles in offering services like credit, training, marketing assistance and industrial development are briefly outlined.
The document outlines India's industrial policies since independence. Key policies include the Industrial Policy Resolution of 1948 which accepted a mixed economy with government monopoly in select industries. The 1956 policy emphasized heavy industries and expanding the public sector. The 1973 policy gave preference to small and medium enterprises. The 1980 policy promoted competition and 1991 policy deregulated industry, allowed private sector flexibility, and reduced licensing/controls.
The document discusses three types of financial institutions in India: SIDBI, SFCs, and SIICs. [1] SIDBI was established in 1990 to provide financial and developmental assistance to small scale industries. [2] SFCs were established in 1951 under the State Financial Corporations Act and mobilize funds to provide loans primarily to small and medium enterprises. [3] SIICs were established as state government undertakings to promote and develop medium and large industries.
Financial instituitions ,types and servicesNeeraj Singh
The document summarizes various financial institutions that provide non-banking financial services in India. It discusses Non-Banking Financial Companies (NBFCs), their types and operations. It also describes several development financial institutions established by the Government of India and state governments to promote industrialization, such as Industrial Finance Corporation of India (IFCI), State Financial Corporations (SFCs), Industrial Reconstruction Bank of India (IRBI), State Industrial Development Corporations (SIDCs), and Small Industries Development Bank of India (SIDBI). These institutions provide financial assistance in the form of loans, guarantees, underwriting and other services to small, medium and large industrial sectors.
Development banks provide funding to promote industries, agriculture, and economic development. Grameen Bank is an example of a successful private development bank in Bangladesh. In India, development banks operate at both the national level, such as SIDBI and IFCI, and the state level, including SFCs, SIDCs, and SIICs. SIDBI and IFCI provide financing and support to micro, small and medium enterprises. SFCs were established in each state to meet the financial needs of small and medium industries, while SIDCs promote medium and large industries and SIICs develop industrial infrastructure projects.
The document discusses the history and reforms of the banking industry in India. It describes the industry's evolution through five phases: evolutionary, foundation, expansion, consolidation, and reformatory. Major reforms since the 1990s included liberalizing interest rates, reducing statutory preemptions like CRR and SLR, increasing competition through private banks and foreign banks, and improving regulation and supervision. The reforms have led to improved access to credit, more independent monetary policymaking, and greater operational freedom for banks.
enterprenureship :role of financial institutions for funduing enterpriserajat jasuja
This document summarizes several development finance institutions in India that provide subsidies and financing support to entrepreneurs and businesses. It outlines the objectives and services of institutions such as the Small Industries Development Bank of India (SIDBI), National Bank for Agriculture and Rural Development (NABARD), Export Import Bank of India (EXIM), State Financial Corporations (SFCs), and State Industrial Development Corporations that provide subsidies, loans, and other financial assistance to small and medium enterprises.
This document discusses various types of institutional finance available to entrepreneurs in India from government agencies, including equity capital, term loans, and working capital. It outlines several agencies that provide financing such as commercial banks, the Industrial Development Bank of India (IDBI), the Industrial Finance Corporation of India (IFCI), the Industrial Credit and Investment Corporation of India (ICICI), and the Small Industries Development Bank of India (SIDBI). Each agency offers different loan terms and interest rates targeted towards small businesses and entrepreneurs.
This document provides an overview of development banks in India. It defines development banks as specialized financial institutions that provide medium and long-term financing to sectors like agriculture, industry, and infrastructure. It then classifies and describes several major development banks in India, including the Industrial Development Bank of India, National Bank for Agriculture and Rural Development, Small Industries Development Bank of India, and Export-Import Bank of India, and outlines their key functions in promoting sectors like small businesses, housing, agriculture, and foreign trade.
This document summarizes several Indian financial institutions:
- The Industrial Finance Corporation of India (IFCI) was established in 1948 to provide long-term financing to large industries and encourage regional development and new entrepreneurs.
- State Financial Corporations (SFCs) were set up in most states starting in 1951 to provide long-term loans and guarantees to companies.
- The Industrial Credit and Investment Corporation of India (ICICI) was established in 1955 to provide long-term loans and invest in shares/debentures of private industries.
- The Industrial Development Bank of India (IDBI) was set up in 1964 to coordinate financial institution activities and provide various types of assistance to industries.
State Financial Corporations (SFCs) were established by state governments in India to provide financial assistance to small and medium enterprises in order to promote industrial development, generate employment, and ensure balanced regional growth. SFCs mobilize funds through share capital, public deposits, bonds, and loans to provide financing to industrial units. However, SFCs have been criticized for inadequate funding, delays in loan approvals, and complex procedures that have limited their effectiveness in supporting small businesses.
The document discusses various state and national level financial institutions in India such as State Financial Corporations (SFCs), State Industrial Development Corporations (SIDCs), IFCI, ICICI, IDBI, IRBI, and SIDBI. It provides details on their establishment, objectives, functions, management, and sources of funding. The key roles of these institutions are to provide financial assistance and promote industrial development across various sectors in India.
Development financial institution & District investment centerAman Sachan
Development financial institutions provide medium and long-term financial assistance to promote key sectors like industry, agriculture, and more. They include institutions like the World Bank and IMF. This document discusses various types of financial institutions in India that provide funding support at different levels. It covers term lending institutions like IFCI, IDBI, ICICI, and EXIM Bank. It also discusses refinancing institutions like NABARD, SIDBI, and NHB, as well as investment institutions like LIC and GIC. The roles and functions of these various institutions in promoting industries are described.
IDBI was established in 1964 as a wholly-owned subsidiary of the Reserve Bank of India to provide long-term financing to industry. In 1976, ownership was transferred to the Government of India. IDBI played a pioneering role in industrial development over decades by financing medium and long-term projects. In the early 2000s, IDBI diversified by acquiring a housing finance subsidiary and began transforming into a commercial bank to overcome limitations and diversify its business. The transformation was completed in 2004 through an Act of Parliament that allowed IDBI to incorporate as a banking company and merge with IDBI Bank.
A project report on on the working capital management in karnataka state fina...Babasab Patil
The document discusses the working capital management of the Karnataka State Finance Corporation (KSFC). It provides background on KSFC, stating that it was established in 1915 to provide financial assistance to industrial units in Karnataka. The objectives of the study are to understand KSFC's working capital components and patterns over the period from 2001-2002 to 2006-2007. Data is collected from KSFC's annual reports during this period and analyzed using statistical techniques. The document also outlines KSFC's organizational profile, history, achievements and main activities in providing long term lending and other financial services to support industrial development in Karnataka.
Development financial institutions provide medium and long-term financing to promote key sectors like industry, agriculture, and infrastructure. They include specialized banks like the World Bank, IDBI, SIDBI, and EXIM Bank that offer loans, underwriting, and advisory services. Unlike commercial banks, they do not accept deposits but rather aim to accelerate economic growth and serve public interests. Major development financial institutions were established in India after independence to promote industries and address regional imbalances.
The document discusses India's financial sector reforms since the 1990s. It summarizes the key recommendations of the Narasimham Committees in 1991 and 1998 that helped modernize and strengthen India's banking system. The 1991 report recommended establishing a tiered banking structure, reducing statutory reserves, and deregulating interest rates. The 1998 report focused on increasing capital requirements, promoting bank mergers, and reviewing banking laws and ownership. The government implemented many changes based on these reports, including lowering reserve requirements, introducing prudential norms, allowing new private banks, and establishing mechanisms for debt recovery.
This document discusses various industrial financing institutions in India. It describes the Industrial Finance Corporation of India (IFCI), which was the first financial institution established in 1948 to provide medium and long term credit to industry. It also discusses the Industrial Credit and Investment Corporation of India (ICICI), Industrial Development Bank of India (IDBI), Industrial Reconstruction Bank of India (IRBI), Small Industries Development Bank of India (SIDBI), State Financial Corporations (SFCs), and State Industrial Investment Corporations (SIDCs/SIICs). These institutions provide various financial and developmental services to support industry in India, with a focus on small and medium enterprises.
The document provides an overview of financial institutions in India, including their definition, functions, classifications, and examples. It discusses regulatory institutions like RBI and SEBI, as well as intermediaries like IFCI, ICICI, IDBI, LIC, SIDBI, state financial corporations, and specialized institutions like EXIM Bank. It describes the roles of these institutions, the types of assistance they provide like loans and guarantees, and the process of project appraisal.
State Finance Corporations (SFCs) are integral to India's institutional finance structure, promoting small and medium industries in each state to ensure balanced regional development and higher investment. There are currently 18 SFCs established under the 1951 SFC Act, plus one in Tamil Nadu established under the 1949 Company Act. SFCs provide financial assistance to medium and small scale industries outside the scope of India's Industrial Financial Corporation, functioning within each individual state. SFCs are managed by a board of 10 directors appointed by the state government and financial institutions. Their key functions include providing loans for assets, assisting industrial units under Rs. 3 crore, and underwriting new stocks and shares.
L8 Development Financial Institution in India - Unit 3.pptxSonam704174
Development financial institutions in India were established to provide medium to long term financing for industrial development, as banks traditionally focused on short term financing. The first was the Industrial Finance Corporation of India, followed by others like IDBI, SIDBI, NABARD, and EXIM Bank that provide financing for sectors like industry, agriculture, housing and SMEs. These institutions play an important role in promoting development through financing and support services.
KANNADA QUIZ
Rounds are
1)'NAANU Yaaru' to find out great kannada personalities
2) CHITRA GURUTISI to find out the personality in the picture
3) KOODISI connecting round
4) CHITRARANJINI about kannada film industry and literature
Other interesting question
IT is one of the new idea to start business. A.T.M tent rentals is a new idea to start tent rental business with innovative tents. this ppt explains different type of tents and budget for starting tent rentals.
The document summarizes the history and operations of the Industrial Development Bank of India (IDBI). IDBI was established in 1964 by the Government of India as a development financial institution to provide funding to industrial enterprises. In 1976, ownership was transferred fully to the Government of India. In 2004, IDBI was transformed into a commercial bank to diversify its role beyond development financing. Currently, the government owns 77% of IDBI Bank. The bank provides financial assistance, promotes industrial development institutions, offers technical support to industry, and conducts market research to aid industry growth in India.
This document discusses sources of finance for businesses. It describes short term and long term financial instruments. Long term financing is for capital requirements over 5-20 years and is used to fund fixed assets. Common long term sources include equity shares, preference shares, debentures, loans from banks and financial institutions, public deposits, bonds, mortgages, and venture funding. Short term financing is for less than 1 year and is used for working capital needs, with sources including loans, bills of exchange, treasury bills, commercial bills, overdrafts, certificates of deposit, and call money.
Small industrial development corporation vinay kumar
Seshadripuram College in Bangalore hosted a presentation by Bhargav Shekar on the topic of SIDCO, the Small Industrial Development Corporation. SIDCO is an organization that aims to promote small industries in the state. The presentation provided an overview of SIDCO's goals and initiatives to support small businesses.
This document provides an overview of commercial banks in India. It discusses the history of banking in India, with the first bank being established in 1770 and many banks nationalized in 1969 and 1980. It defines commercial banks as institutions that accept deposits and lend money to earn a profit. It distinguishes between scheduled and non-scheduled commercial banks, with scheduled banks listed on the RBI schedule and meeting capital requirements. The document outlines the types of commercial banks and their primary and secondary functions, as well as how they help small scale industries through various credit facilities.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Unlock Your Potential with NCVT MIS.pptxcosmo-soil
The NCVT MIS Certificate, issued by the National Council for Vocational Training (NCVT), is a crucial credential for skill development in India. Recognized nationwide, it verifies vocational training across diverse trades, enhancing employment prospects, standardizing training quality, and promoting self-employment. This certification is integral to India's growing labor force, fostering skill development and economic growth.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
The Universal Account Number (UAN) by EPFO centralizes multiple PF accounts, simplifying management for Indian employees. It streamlines PF transfers, withdrawals, and KYC updates, providing transparency and reducing employer dependency. Despite challenges like digital literacy and internet access, UAN is vital for financial empowerment and efficient provident fund management in today's digital age.
2. About SFCs
2
• The Govt. after independence realised the needs of creating a financial
corporation at the state level for catering to the needs of industrial
entrepreneurs.
• As a result, the Govt. of India after consultations with the state governments
and the Reserve Bank of India, introduced State Finance Corporations
Parliament bill in the Parliament in 1951. SFC Act came into existence with
effect from August 1st, 1952.
• The Act permitted the State Government to establish financial corporation’s for
the purpose of promoting industrial development in their respective states by
providing financial assistance to medium and small scale industries.
3. Objectives
▪ To establish uniformity in
regional industries.
▪ To provide incentives to
new industries.
3
▪ To bring efficiency in
regional industrial units.
▪ To develop regional
financial resources
▪ To provide finance to
small scale, medium sized
and cottage industries in
the state..
4. FUNCTIONS
The main function
of the SFCs is to
provide loans to
small and medium
scale industries
engaged in the
4
manufacture,
preservation or processing of goods,
mining
hotel industry
generation or distribution of power
assembling, repairing or packaging articles
5. FUNCTIONS
▪ Guaranteeing loans raised by the industrial concerns
repayable within twenty years.
▪ Underwriting of the shares, bonds and debentures subject
to their disposal in the market within seven years.
▪ Guaranteeing deferred payments for the purchase of
capital goods by industrial concerns within India.
5
7. AT PRESENT
7
There are 18
SFCs in
India.
The SFCs can have
share capital ranging
from Rs. 50 lakhs to
Rs. 5 crores.
It can be increased
up to Rs. 10 crores
with the prior
sanction of the
Central Government.
Out of which 17
were established
under SFC Act
1951.