Development banks are financial institutions that promote balanced economic development and growth through equity investments and loans. They fund new businesses and development projects. Development banks engage in developing key sectors like industry, agriculture, and exports. They provide medium and long-term financing to fill gaps not addressed by other financial institutions. Development banks also play promotional roles through activities like feasibility studies, technical assistance, and acting as entrepreneurs to set up new projects.
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.
Development Financial Institutions In IndiaDivyae Sherry
The presentations gives an insight about two Development Financial Institutions In India, NABARD (National Bank for Agriculture and Rural Development) and SIDBI (Small Industries Development Bank of India).
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.
Development Financial Institutions In IndiaDivyae Sherry
The presentations gives an insight about two Development Financial Institutions In India, NABARD (National Bank for Agriculture and Rural Development) and SIDBI (Small Industries Development Bank of India).
Can the Private Sector be the Solution to Youth Unemployment and Poverty? Economic Research Forum
May Nagy - Assistant Lecturer at The British University in Egypt
ERF and World Bank Youth Essay Competition Award Ceremony
Cairo, Egypt, January 17, 2017
www.erf.org.eg
Zainab Sami Nassef - Freelance writer at Al-Ahram Weekly
ERF and World Bank Youth Essay Competition Award Ceremony
Cairo, Egypt, January 17, 2017
www.erf.org.eg
Imane Helmy - United Nations Development Progarmme (UNDP)
ERF and World Bank Youth Essay Competition Award Ceremony
Cairo, Egypt, January 17, 2017
www.erf.org.eg
Retrospect, Intropect and Prospect of Iluvislam.com website in disseminating ...Nor Hashim
Abstract
The advance of Information and Communication Technologies (ICTs) relates to Islamic knowledge and practices – seeking for definition, information, understanding and disseminating Islam in the new media presence is highly been discussed in this paper. The increasing effort in da’wah is being reflected through new media and social networking – website, blogs, Facebook, Youtube, Twitter, and other tools have made publishing and sharing content – ideas and opinions easy and democratized. The paper discusses the retrospect, introspect and prospect of da’wah on websites especially in iluvislam.com website, which has highest followers on Facebook. This study applies the model of online da’wah originally coined by Muhamad Faisal Ashaari and Rozina Abd. Ghani. The study looks into socialization context within three elements; dissemination, participation and mobilization using website content analysis approach. Mobilization is seen as an important element on iluvislam.com website. Hence, the ability to mobilize appropriate online da’wah would enhance interaction bridging a closer relationship in achieving the objective of da’wah. This study reflects the importance of new media as a tool of disseminating information as well as communication.
Keywords: new media, da’wah, Islamic online
Banks and NBFCs: Types of Banks & NBFCs: Central Bank, Nationalized & Co Operative Banks, Regional Rural
Banks, Scheduled Banks, Private Banks & Foreign Banks, Mudra Bank, Small Finance Banks, Specialized Banks, NBFCs.
Types of Banking: Wholesale and Retail Banking, Investment Banking, Corporate Banking, Private Banking, Development
Banking.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
1. Development Bank
Development banks are unique financial institution that act as catalytic agents in promoting balanced
development of the country and thereby aid in the economic growth of the country.
Development Bank is a financial institution dedicated to fund new and upcoming businesses and
economic development projects by equity capital or loan capital.
Development banks are those financial institutions engaged in the promotion and development of
industry, agriculture and other key sectors.
Definition
“A development bank is like a living organism that reacts to the social-economic environment
and its success depends on reacting most aptly to that environment”
By A.G. Kheradjou
Structure of development banks
Industrial development Bank Agricultural Development Bank Export Import Development Bank
All India State Level
All India State Level Local Level
All India
SFCs/
For Large For small SIDCs/ NABARD SLDBs PLDBs and
scale Scale SIICs (formerly branches of
industries industries ARDC) SLDBs Exim Bank
IFCI, IDBI, NSIC
IRBI, ICICI
Fig: Structure of development banks
2. Formation of Development Banks In India:
Development banks were set up in India at various points of time starting from the late 1940s to cater to
the medium to long term financing requirements of industry as the capital market in India had not
developed sufficiently. The endorsement of planned industrialization at the national level provided the
critical enticement for organization of Development banks at both all-India and state levels.
In order to perform their role, Development Banks were extended funds in the shape of Long Term
Operations (LTO) Fund of the Reserve bank of India and government guaranteed bonds, which
constituted main sources of their funds. Funds from these sources were not only available at concessional
rates, but also on a long term basis with their maturity period ranging from 10-15 years.
On the asset side, their operations were marked by near absence of competition. A large variety of
economic institutions have come into existence over the years to perform a type of financial actions While
some of them operate at all-India level, others are state level institutions.
Besides providing direct loans, financial institutions also extend economic assistance by way of
underwriting and direct contribution and by issuing guarantees. Recently, some Development Banks have
started extending short term/working capital finance, although long term lending continues to be their
major activity.
Development Banks in India:
1. The Industrial finance corporation of India (IFCI)-1948.
2. The industrial Development Bank of India (IDBI)-1964.
3. The Industrial Reconstruction Bank of India (IRBI)-1971.
4. The Industrial Credit and Investment Corporation Of India (ICICI)-1955 Etc.
Features of a development bank.
A development bank has the following features or characteristics:
1) A development bank does not accept deposits from the public like commercial banks and other
financial institutions who entirely depend upon saving mobilization.
2) It is a specialized financial institution which provides medium term and long-term lending
facilities.
3) It is a multipurpose financial institution. Besides providing financial help it undertakes
promotional activities also. It helps enterprises from planning to operational level.
4) It provides financial assistance to both private as well as public sector institutions.
5) The role of a development bank is of gap filler. When assistance from other sources is not
sufficient then this channel helps. It does not compete with normal channels of finance.
3. 6) Development banks primarily aim to accelerate the rate of growth. It helps industrialization
specific and economic development in general
7) The objective of these banks is to serve public interest rather than earning profits.
8) Development banks react to the socio-economic needs of development.
Sources of Fund of Development banks:
There are two sources:
Long-Term Sources:
Capitals in the form of equity/subordinate debts/debentures/preference shares.
Internal accrual generated out of profits.
Long-term borrowings from financial institutions like NABARD/SIDBI.
Short-Term Sources:
Market-linked borrowings from RBI.
Sale of liquid certificate deposits in the open market.
Borrowing from RBI under Repo (Repurchase option).
Short-term borrowings from FIs by way of rated papers placed, etc.
FUNCTIONS OF DEVELOPMENT BANKS
Development banks have been started with the motive of increasing the pace of industrialization. The
traditional financial institutions could not take up this challenge because of their limitations. In order to
help all round industrialization development banks were made multipurpose institutions. Besides
financing they were assigned promotional work also. Some important functions of these institutions are
discussed as follows:
1. Financial Gap Fillers
Development banks do not provide medium-term and long-term loans only but they help industrial
enterprises in many other ways too. These banks subscribe to the bonds and debentures of the companies,
underwrite to their shares and debentures and, guarantee the loans rose from foreign and domestic
sources. They also help 'undertakings to acquire machinery from within and outside the country.
4. 2. Undertake Entrepreneurial Role
Developing countries lack entrepreneurs who can take up the job of setting up new projects. It may be due
to lack of expertise and managerial ability. Development banks were assigned the job of entrepreneurial
gap filling. They undertake the task of discovering investment projects, promotion of industrial
enterprises, provide technical and managerial assistance, undertaking economic and technical research,
conducting surveys, feasibility studies etc. The promotional role of development bank is very significant
for increasing the pace of industrialization.
3. Commercial Banking Business
Development banks normally provide medium and long-term funds to industrial enterprises. The working
capital needs of the units are met by commercial banks. In developing countries, commercial banks have
not been able to take up this job properly. Their traditional approach in dealing with lending proposals
and assistance on securities has not helped the industry. Development banks extend financial assistance
for meeting working capital needs to their loan if they fail to arrange such funds from other sources. So
far as taking up of other functions of banks such as accepting of deposits, opening letters of credit,
discounting of bills, etc. there is no uniform practice in development banks.
4. Joint Finance
Another feature of development bank's operations is to take up joint financing along with other financial
institutions. There may be constraints of financial resources and legal problems (prescribing maximum
limits of lending) which may force banks to associate with other institutions for taking up the financing of
some projects jointly. It may also not be possible to meet all the requirements of a concern by one
institution, So more than one institution may join hands. Not only in large projects but also in medium-
size projects it may be desirable for a concern to have, for instance, the requirements of a foreign loan in a
particular currency, met by one institution and under writing of securities met by another.
5. Refinance Facility
Development banks also extend refinance facility to the lending institutions. In this scheme there is no
direct lending to the enterprise. The lending institutions are provided funds by development banks against
loans extended' to industrial concerns. In this way the institutions which provide funds to units are
refinanced by development banks. In India, Industrial Development Bank of India provides reliance
against ('term loans granted to industrial 'concerns by state financial corporations. commercial banks and
state co-operative banks.
5. 6. Credit Guarantee
The small scale sector is not getting proper financial facilities due to the clement of risk since these units
do not have sufficient securities to offer for loans, lending institutions are hesitant to extend them loans.
To overcome this difficulty many countries including India and Japan have devised credit guarantee
scheme and credit insurance scheme. In India, credit guarantee scheme was introduced in 1960 with the
object of enlarging the supply of institutional credit to small industrial units by granting a degree of
protection to lending institutions against possible losses in respect of such advances. In Japan besides
credit guarantee, insurance is also provided. These schemes help small scale concerns to avail loan
facilities without hesitation.
7. Underwriting of Securities
Development banks acquire securities of industrial units through either direct subscribing or underwriting
or both. The securities may also be acquired through promotion work or by converting loans into equity
shares or preference shares. So development banks may build portfolios of industrial stocks and bonds.
These banks do not hold these securities on a permanent basis. They try to disinvest in these securities in
a systematic way which should not influence market prices of these securities and also should not lose
managerial control of the units.
Development banks have become worldwide phenomena. Their functions depend upon the requirements
of the economy and the state of development of the country. They have become well recognized segments
of financial market. They are playing an important role in the promotion of industries in developing and
underdeveloped countries.