Development Financial Institutions

• A financial agencies that provide medium

and long-term financial assistance and
engaged in promotion and development of
industry, agriculture and other key sectors.
• Ex: International Bank for reconstruction
and Development (IBRD) also known as
World Bank & International Monetary Fund
(IMF)
 Development Financial Institutions
• Industrial Finance Corporation of India Ltd. (IFCI)
• Industrial Development Bank of India (IDBI)
• Industrial Investment Bank of India Ltd. (IIBI)
• Small Industrial Development Bank of India (SIDBI)
• Export Import Bank of India (EXIM)
• National Bank For Agriculture & Rural Development
(NABARD)
 Universal Banking
• One stop shop of financial products &
services – everything from term finance,
working capital, project advisory services etc.
• Encompassing commercial banking and
investment banking, including investment in
equities and project finance.
 Industrial Finance Corporation of
India Ltd.
• Set-up in 1948 to provide institutional credit to
medium and large industries.
• Project financing: Medium/Long term credit for
setting up new project, expansion schemes,
financial assistance by way of rupee loans, loans
in foreign currencies, underwriting of direct
subscription of shares/debentures.
• Financial Services and corporate advisory
services.
 Industrial Development Bank of
India
• Established in 1964 for coordinating the working
of institutions at national level and state levels
engaged in financing, promoting and developing
industries.
• Provides merchant banking & corporate advisory
services as a part of its fee based activities.
• Provide advice & services for issue
management, private placement of equity/debt
instrument, project evaluation, corporate
restructuring etc.
Small Industrial Development Bank
of India
• Set up in 1990, the principal financial institution for the
promotion, financing and development of industries in
the small sector and to co-ordinate the functions of
other institutions engaged in similar activities.
• An apex institution, SIDBI makes use of the network of
the banks and state financial institutions.
• Financial Products- Micro finance, venture capital,
project finance, assistance for technology
development, export finance etc.
 Export-Import Bank of India
• An apex institution which promotes foreign
trade.
• Creating export capability by arranging
competitive financing at various stages of
export cycle.
• Bank provides export credit on deferred
payment terms on exports of indian
machinery, manufactured goods and
technology services.
 National Bank for Agriculture &
Rural Development
• An apex institution set up for providing &
regulating credit and other facilities for the
promotion & development of agriculture,
small scale industries, cottage & village
industries, handicrafts and other rural
crafts and other allied economic activities
in rural areas.
 Industrial Credit & Investment
Corporation of India Ltd.
• First development bank in the world to be set up
in the private sector
• Objective is to provide medium-term & long-term
financing to Indian business.
• ICICI Securities & Finance Co. Ltd.
• ICICI Venture Funds Management Co. Ltd.
• ICICI Prudential Life Insurance
• ICICI Home Finance Co. Ltd.
• ICICI Investment Management Co. Ltd.