Role of Financial Institutions – a Case Study over Ifci
ROLE OF FINANCIAL INSTITUTIONS –
A CASE STUDY OVER IFCI
Rohini Gupta*
Abstract
The paper analyses the real effect of the role of the IFCI (Industrial Finance Corporation of India) as a financial institution in Indian market. Here the whole data used for this case study is of secondary data. And this case study explains the need of the establishment of IFCI, how it is helping business and other sectors of our economy. The major findings in data form are the functions of IFCI and its promotional activities. The research paper Provides the information about the financial help provide by the IFCI Industry wise which was 44169.2 crores , product wise for last 5 years. And its financial performance for 2007-2008 and 2009-10 also studied. This research paper is a case study paper of IFCI.
Introduction
In, India various financial institutions were set up after independence only. The government of India has taken steps to set up institutions. Which assist various sectors of the economy...? At present the country has 12 institutions as the national level and 46 at the state level. At the time of the independence there was need for the specialized institutes for the meeting the long term finance of industries. The capital market was not properly developed in India.
After Second World War there was a need for renovation and restructuring of industry. Then the Government of India cam forward to set up the Industrial Finance corporation of India (IFCI) in July 1948 under a special Act.
Since July 1, 1993 the corporation has been converted into a company and it has been given the status of a ltd. Company with the name Industrial Finance corporations Of India Ltd.
Objective of study:-
• The basic objective of this paper is to find out the real contribution in data form of IFCI in the growth and development of our economy.
• And the second one is to get that weather this rate of help to economy is increasing day by day or with which pace.
•
A CASE STUDY OVER IFCI
Rohini Gupta*
Abstract
The paper analyses the real effect of the role of the IFCI (Industrial Finance Corporation of India) as a financial institution in Indian market. Here the whole data used for this case study is of secondary data. And this case study explains the need of the establishment of IFCI, how it is helping business and other sectors of our economy. The major findings in data form are the functions of IFCI and its promotional activities. The research paper Provides the information about the financial help provide by the IFCI Industry wise which was 44169.2 crores , product wise for last 5 years. And its financial performance for 2007-2008 and 2009-10 also studied. This research paper is a case study paper of IFCI.
Introduction
In, India various financial institutions were set up after independence only. The government of India has taken steps to set up institutions. Which assist various sectors of the economy...? At present the country has 12 institutions as the national level and 46 at the state level. At the time of the independence there was need for the specialized institutes for the meeting the long term finance of industries. The capital market was not properly developed in India.
After Second World War there was a need for renovation and restructuring of industry. Then the Government of India cam forward to set up the Industrial Finance corporation of India (IFCI) in July 1948 under a special Act.
Since July 1, 1993 the corporation has been converted into a company and it has been given the status of a ltd. Company with the name Industrial Finance corporations Of India Ltd.
Objective of study:-
• The basic objective of this paper is to find out the real contribution in data form of IFCI in the growth and development of our economy.
• And the second one is to get that weather this rate of help to economy is increasing day by day or with which pace.
•
References: • Gupta Shahi k , Financial Institutions And Markets, Kalyani Publications, New Delhi 2007 • Gupta Manish, Kapoor Shruti, Rakesh, Sachin, Rahul,"Role of DFHI in Money Market", Slide sharing, new Delhi. • Garg K.C. "Financial Services" ,Kalyani Publication, New Delhi 2006 • Business Line Today 's newspaper. • Sites:- www.google.com