3. WHAT IS DEVELOPMENT
BANKS
ďA Development Bank is a polygonal development
finance institution devoted to improving the social
and monetary development of its associate nations.
ďIts main emphasis is the welfare of the people. For
example the Asian Development Bank's overarching
goal is to decrease poverty in Asia and the Pacific.
ď It helps improve the value of people's lives by
providing loans and scientific support for a broad
variety of development activities.
4. OBJECTIVES
ďLay Foundations for Industrialization
ďMeet Capital Needs
ďNeed for Promotional Activities
ďHelp Small and Medium Sectors'
5. FUNCTIONS
ď Financial Gap Fillers
ď Undertake Entrepreneurial Role
ď Joint Finance
ď Refinance Facility
ď Credit Guarantee
ď Underwriting of Securities
7. FUNCTIONS OF A
DEVELOPMENT BANK
ď Increase loans and equity investments to its
developing associate countries (DMCs) for their
monetary and social development.
ď Provides technical help for the planning and
implementation of development projects and
programs and for advisory services.
ď Promotes and facilitates speculation of public and
private capital for growth and development.
ď Responds to requests for assistance in coordinating
growth policies and plans of its increasing member
countries.
8. IFCI
ďThe government of india set up the industrial
finance corporation of india in july 1948
ďManagement of IFCI
ď12 directors
ď4 are nominated by the IDBI
9. OBJECTIVES OF IFCI
ďPromoted by new enterpreneurs
ďBased on indegenous technology
ďWhich would result in substitution of imports
ďProviding input for incresing agricultural
products
11. OPERATIONAL ACTIVITIES
ďConcessional finance to projects in less
development areas
ďConcessional finance for renewable energy
systems
ďPower of attorney scheme
ďBridging loans
ďSub loans in foreign currencies
12. IDBI
ďThe Industrial Development Bank of India (IDBI) was
established on 1 July 1964 under an Act of Parliament
as a wholly owned subsidiary of the Reserve Bank of
India.
ďIn 16 February 1976, the ownership of IDBI was
transferred to the Government of India and it was
made the principal financial institution for
coordinating the activities of institutions engaged in
financing, promoting and developing industry in the
country.
13. THE PRINCIPAL SOURCE OF FUNDS
OF IDBI
ďShare capital and reserves
ďBorrowing from government of india and RBI
ďMarket borrowing by way of bonds
ďDeposits and other borrowings
ďRepayment of past assitance by borrowers
ďForeign currency borrowings from worid
banks
ďAsian development banks and international
markets
14. OBJECTIVES and FUNCTIONS
ďPlanning,promoting,developing industries
⢠Co-ordinating the working in institutions
engaged in financing
⢠Undertaking market and investment
research
⢠Providing technical and administrative
assitance
⢠Subsidiaries
16. contd.
ďSoft loan scheme for modernisation
ďSeed capital assitance scheme
ďSFCs special share capital schemes
ďDevelopment assistance fund(DAF)
17. ICICI
ďICICI (INDUSTRIAL CREDIT AND INVESTMENT
CORPORATION OF INDIA) Bank Ltd.
ďICICI is an Indian diversified financial services company
headquartered in Mumbai, Maharashtra.
ďIt is the second largest bank in India by assets and third
largest by market capitalization. It offers a wide range of
banking products and financial services to corporate and
retail customers through a variety of delivery channels and
through its specialized subsidiaries in the areas of investment
banking, life and non-life insurance, venture capital and asset
management.
ďThe Bank has a network of 2,630 branches and 8,003 ATM's in
India, and has a presence in 19 countries, including India.
18. OBJECTIVES OF ICICI
ďAssisting in the creation
ďExpansion
ďModernisation of such enterprises
ďEncouraging and promoting the
participation private capital
ďEncouraging and promoting private
ownership
19. FUNCTIONS OF ICICI
ďAssistance to industries
ďProvision of foreign currency loans
ďMerchant banking
ďLetter of credit
ďProject promotion
ďHousing loans
ďLeasing operations
20. SIDBI
ďEstablished in 1990 under an Act of Indian Parliament.
ďObjective: Promotion, Financing & Development of
MSMEs and Co-ordinating Functions of institutions
engaged in similar activities.
ďOwnership : Public sector banks/FIs/Insurance Cos
owned or controlled by the Government of India.
ďStructural Linkage: With Ministry of Finance and
Ministry of SSI.
ďNodal Agency : For SME Schemes of GoI
22. SIDBI : Sphere of activities
⢠Direct Finance Operations : MSMEs, Service sector,
Infrastructure etc.
⢠Indirect Finance : Resource support to Banks, NBFCs, SFCs,
other
State & central financing/ development agencies.
⢠Micro Credit operations : Pioneers in micro credit movement
in the
country. Developed several leading MFIs.
⢠Associate Institutions ISTSL & Credit Guarantee Fund,
India SME Asset: SIDBI Venture Capital Ltd,
MSME Rating Agency,
Reconstruction Company Ltd.
⢠Nodal Agency : For several GoI schemes like
TUFS, CLCSS and IDLSS
Food Processing and Devp. Of Integrated Infrastructure