UNIT-2

COMMERCIAL BANK

ACTIVITIES:
I. Economic investigation

II. plant&machinery

III. Research education and training

IV. Raw material

V. Marketing assistance

OBJECTIVE OF DISTRICT:
I. Improve economic equality

II. Provide lot of scheme

FUNCTIONS:
I. Oppurtunity

II. Organise training program

III. Registering the product

IV. Advise entrepreneurship on investment

V. Act as link between entrepreneurship and bank

 VI. Organise marketing agencies

VII. Obtaining license

NATIONAL SMALL INDUSTRIES

CENTRE:NSIC=1955
=In higher purchase basis for help to provide machinery

FUNCTION OF NSIC:
I. Develop from small scale to large scale

II. They help assist

SMALL INDUSTRIES DEVELOPMENT

CORPORATION:SINCO
I. Small scale subordinate is SINCO for state level

FUNCTIONS:
I. Coordination

II. national policy development

III. industrial development

IV. they will collect the data

EXTENSION:
I. provide extension on economic investigation

II. SINCO-27 office,27 extension centre 3centre on NSIC

SISI-Small Industry Service Industry

FUNCTION:
I. Conducting EDP all around the country

II. Advice central and state

III. assist and testing raw material

IV. organise seminor,workshop

V. economic and technical service

VI. educate un employed

AGENCIES (4 AGENCY) [4 FINANCIAL INVST]

IDBI-Industrial Development Bank Of India:

provides goal for small industries in 1st july 1964

OBJECTIVES:
I. Refinancing loans,grant loan for industrial units

II. undrwriting the loans (shares)(debentures)

III. helping in investing

IV. financial resources -(help in authorising

1000to2000units)

V. provide loan from central government

IFCI-Industrial Finance Corporation Of India

 I. Goal for large scale enterprice (steel,iron)

FUNCTIONS:
I. Accepts public deposits

II. grant medium and long term loans (which differ

according to the act)

ICICI-Industirl Credit And Investment

Corporation Of India:
A. for private concern

FUNCTIONS:
I. provide finance loan to private sector

II. provide backup

III. condect activity to examine present condition

IRBI-Industrial Reconstruction Bank Of India

provide concern and sick units

FUNCTIONS:
I. provide for merchant banking

II. takes leasing business

III. provide technical assistance