WHAT IS DEVELOPMENTBANKSA Development Bank is a polygonal development finance institution devoted to improving the social and monetary development of its associate nations.Its main emphasis is the welfare of the people. For example the Asian Development Banks overarching goal is to decrease poverty in Asia and the Pacific. It helps improve the value of peoples lives by providing loans and scientific support for a broad variety of development activities.
OBJECTIVESLay Foundations for IndustrializationMeet Capital NeedsNeed for Promotional ActivitiesHelp Small and Medium Sectors
FUNCTIONS Financial Gap Fillers Undertake Entrepreneurial Role Joint Finance Refinance Facility Credit Guarantee Underwriting of Securities
FUNCTIONS OF ADEVELOPMENT BANK Increase loans and equity investments to its developing associate countries (DMCs) for their monetary and social development. Provides technical help for the planning and implementation of development projects and programs and for advisory services. Promotes and facilitates speculation of public and private capital for growth and development. Responds to requests for assistance in coordinating growth policies and plans of its increasing member countries.
IFCIThe government of india set up the industrial finance corporation of india in july 1948Management of IFCI12 directors4 are nominated by the IDBI
OBJECTIVES OF IFCIPromoted by new enterpreneursBased on indegenous technologyWhich would result in substitution of importsProviding input for incresing agricultural products
OPERATIONAL ACTIVITIESConcessional finance to projects in less development areasConcessional finance for renewable energy systemsPower of attorney schemeBridging loansSub loans in foreign currencies
IDBIThe 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.In 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.
THE PRINCIPAL SOURCE OF FUNDSOF IDBIShare capital and reservesBorrowing from government of india and RBIMarket borrowing by way of bondsDeposits and other borrowingsRepayment of past assitance by borrowersForeign currency borrowings from worid banksAsian development banks and international markets
OBJECTIVES and FUNCTIONSPlanning,promoting,developing industries• Co-ordinating the working in institutions engaged in financing• Undertaking market and investment research• Providing technical and administrative assitance• Subsidiaries
Operational ActivitiesDirect AssistanceIndirect AssistanceRefinance SchemesRefinance Scheme for industrial rehabilitationAutomatic Refinance SchemeRefinance Scheme for modernisationBills Rediscounting Scheme
contd.Soft loan scheme for modernisationSeed capital assitance schemeSFCs special share capital schemesDevelopment assistance fund(DAF)
ICICIICICI (INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA) Bank Ltd.ICICI is an Indian diversified financial services company headquartered in Mumbai, Maharashtra.It 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.The Bank has a network of 2,630 branches and 8,003 ATMs in India, and has a presence in 19 countries, including India.
OBJECTIVES OF ICICIAssisting in the creationExpansionModernisation of such enterprisesEncouraging and promoting the participation private capitalEncouraging and promoting private ownership
FUNCTIONS OF ICICIAssistance to industriesProvision of foreign currency loansMerchant bankingLetter of creditProject promotionHousing loansLeasing operations
SIDBIEstablished in 1990 under an Act of Indian Parliament.Objective: Promotion, Financing & Development of MSMEs and Co-ordinating Functions of institutions engaged in similar activities.Ownership : Public sector banks/FIs/Insurance Cos owned or controlled by the Government of India.Structural Linkage: With Ministry of Finance and Ministry of SSI.Nodal Agency : For SME Schemes of GoI
SIDBI : Sphere of activities• Direct Finance Operations : MSMEs, Service sector,Infrastructure etc.• Indirect Finance : Resource support to Banks, NBFCs, SFCs,otherState & central financing/ development agencies.• Micro Credit operations : Pioneers in micro credit movementin thecountry. 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 likeTUFS, CLCSS and IDLSSFood Processing and Devp. Of Integrated Infrastructure
NABARDNational Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India having headquarters based inMumbai (Maharashtra) and other branches are all over the country.It was established on 12 July 1982 by a special act by the parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture & rural non farm sector and completed its 25 years on 12 July 2007. It has been accredited with "matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas in India". RBI sold its stake in NABARD to the Government of India, which now holds 99% stake
OBJECTIVES OF NABARD1 . To give financial assistance for increasing the agricultural production2.To supply the long term needs of the rural areas3.To supply loans by way of refinance4.To help small industries ,cottage industries and also artisans5.To achieve overall rural development
FUNCTIONS OF NABARDCredit functionsDevelopment functionsRegulatory functionsApex institution for rural financeRefinance institutionsContribution of share capitalInvestment in securitiesConversion and rescheduling facilitiesFinancial help to non –agricultural sectorTraining programsCo-ordination of actvities
ACHIEVEMENT OF NABARDShort term assistancelong term assistanceSchematic lendingAssistance to less developed statesAssistance to non-farm sectorRehabilitation programmeAssistance to research and development projectsCredit plans under the new strategyIntegrated rural development programmeRegional rural banks