Presentation on Idbi, Sidbi and Hudco

Only available on StudyMode
  • Topic: Finance, Ladakh, National Stock Exchange of India
  • Pages : 4 (546 words )
  • Download(s) : 98
  • Published : February 8, 2013
Open Document
Text Preview
By: Jill Modi (A-35)

Development Institutions..
 Institutions that provide necessary funds to the

individuals or artificial individuals for the purpose of development are called Development Institutions.  Helps to overcome the scarcity of funds and aids in

overall expansion and advancement of the borrowers.
 E.g. IDBI, SIDBI, HUDCO, etc.

 It was the apex Development Financial Institution (DFI) (July 1,

1964 to September 30, 2004)
onwards)

 Thereafter as a full-service commercial Bank (October 1, 2004

 Headquarter in Mumbai.
 Vision: To be the most preferred and trusted bank enhancing value

for stakeholders.

 Mission: Delighting customers with our excellent service and

comprehensive suite of best-in-class financial solutions. Expanding our global presence. Relentlessly striving to become a greener bank.

 Share holding pattern:- Promoters (70.52) : Public (29.48)  Merger of United Western bank with IDBI Ltd. on October 03,

2006.

 Main functions:
  

Promoting new entrepreneurs Up-gradation of technology for economical up-liftment. Provision of consultancy services for small and medium enterprises.

 The institutions built by IDBI are:  Securities and Exchange Board of India (SEBI),  National Stock Exchange of India (NSE),  National Securities Depository Limited (NSDL),  Stock Holding Corporation of India Limited (SHCIL),  Credit Analysis & Research Ltd,  Exim Bank (India)(Exim Bank),  Small Industries Development Bank of India(SIDBI),  Entrepreneurship Development Institute of India (EDI)

 Established on April 2, 1990.  Headquarter in Lucknow.  Vision: To emerge as a single window for meeting the financial and

developmental needs of the MSME sector to make it strong, vibrant and globally competitive, to position SIDBI Brand as the preferred and customer - friendly institution and for enhancement of share holder wealth and highest corporate values through modern technology platform....
tracking img