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  • Infrastructure Development Finance Corporation

Dfi presentation Dfi presentation Presentation Transcript

  • PRESENTATION ON DFI’s IN INDIA PRESENTED BY BHASKAR MBA(3rd SEM) AIMCA
  • DFI’s The economic development of any country depends on the extent to which its financial system efficiently and effectively mobilizes and allocates resources. There are a number of a banks and financial institution that perform this function; one of them is the development bank. They undertake to foster the development of a nation, generally not undertaken by other banks. DFI basically stand for development finance institution which are created mainly to catered to the medium & long term financing requirement
  • DFI’s in INDIA A group composed of Development Finance Institutions (DFI) and Investment Institutions forms All India Financial Institutions (AIFI) Some of DFI’s are: •National level institution •State level institution
  • National level institution: •National Bank For Agriculture And Rural Development (NABARD) •Industrial Finance Corporation of India • Small Industries Development Bank Of India [SIDBI] •State Bank of India •Industrial Development Bank of India •ICICI Bank
  • State level institution: •Rural Electrification Corporation (REC) •INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY(IDFC) •State Financial Corporations (SFCs) •State Industrial Development Corporations (SIDCs)
  • National Bank For Agriculture And Rural Development (NABARD) NABARD is established on july 12 1982 as a development Bank, in terms of the Preamble of the Act, "for providing and regulating Credit and other facilities for the promotion and development of agriculture, small scale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic activities in rural areas with a view to promoting integrated rural development and securing prosperity of rural areas
  • Industrial Finance Corporation of India •The Industrial Finance Corporation of India (IFCI) was established on July 1, 1948, as the first Development Financial Institution in the country to cater to the long-term finance needs of the industrial sector. •The newly-established DFI was provided access to low-cost funds through the central bank's Statutory Liquidity Ratio or SLR which in turn enabled it to provide loans and advances to corporate borrowers at concessional rates. •It provide direct rupee and foreign currency loans for setting up new industrial project & for expansion
  • Small Industries Development Bank Of India [SIDBI] •SIDBI has been set up by the Government of India with its headquarters in Lucknow, Uttar Pradesh. • It is the principal financial institution for promotion, financing and development of industries in the small scale sector and to coordinate functions of the institutions engaged in similar activities. •SIDBI aim is to serve as the principal financial institutions for promotion financing and development of industry in the small scale sector and to co-ordinate the functions of the institutions engaged in promoting, financing or developing industry in the small scale sector.
  • State Bank of India •State Bank of India was constituted on 1 July 1955. More than a quarter of the resources of the Indian banking system thus passed under the direct control of the State. Later, the State Bank of India (Subsidiary Banks) Act was passed in 1959, enabling the State Bank of India to take over eight former State-associated banks as its subsidiaries (later named Associates). •The Bank is actively involved since 1973 in non-profit activity called Community Services Banking. All the branches and administrative offices throughout the country sponsor and participate in large number of welfare activities and social causes. Business is more than banking because we touch the lives of people anywhere in many ways.
  • Industrial Development Bank of India •IDBI was a wholly owned subsidiary of RBI up to February 1976. • It was delinked from RBI in February 1976 and was made an autonomous corporation fully owned by the Government of India. • The IDBI is the apex financial institution and besides providing financial assistance on consortium basis, the major function of coordination between the various institutions is looked after by the bank •There is no restriction on the quantum of assistance or the maximum or minimum limits.
  • ICICI Bank: •ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary. •ICICI Bank is India's second-largest bank head quatered at Mumbai •ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital, asset management and information technology
  • State level institution: In order to meet the financial reqiurement of small scale & medium size industries the GOI passed state financial corporation act of 28 sept 1951 which empowered the state govt to established the financial institution. Some of those are:- Rural Electrification Corporation (REC): •REC was setup in 1969 •Objective of REC: 1. Rapid electrification of rural & backward areas 2. Promotion of decentralised distribution of power in rural are 3. Full explotation of irrigation potential trough energisation of pumpsets 4.It provide assistance for electrification through various schem
  • INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY(IDFC) •Infrastructure Development Finance Company is a leading finance player in India. Infrastructure Development Finance Company Ltd (IDFC) is India's leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services. •The company's main business is to provide finance for infrastructure projects including through ownership of infrastructure assets. • They operate a full range of business lines, from project and corporate finance to asset management (mutual funds and alternatives) and investment banking. • They are engaged in providing finance and advisory services for infrastructure projects, asset management and investment banking.
  • •Infrastructure Development Finance Company Ltd was incorporated on January 30, 1997, as a public limited company with their registered office at Chennai. In the year 1994,
  • •State Financial Corporations (SFCs) SFCs are the State-level financial institutions which play a crucial role in the development of small and medium enterprises in the concerned States. They provide financial assistance in the form of term loans, direct subscription to equity/debentures, guarantees, discounting of bills of exchange and seed/ special capital, etc. SFCs have been set up with the objective of catalysing higher investment, generating greater employment and widening the ownership base of industries.
  • •State Industrial Development (SIDCs) Corporations SIDCs have been established under the Companies Act, 1956, as wholly-owned undertakings of State Governments. They have been set up with the aim of promoting industrial development in the respective States and providing financial assistance to small entrepreneurs. They are also involved in setting up of medium and large industrial projects in the joint sector/assisted sector in collaboration with private entrepreneurs or wholly-owned subsidiaries.