| 31st January 2018 03:42 PM | |
| shikha | Re: Role Of IDBI In Entrepreneurship IDBI Bank is an Indian government-owned financial service company, formerly known as Industrial Development Bank of India, headquartered in Mumbai, India. It was established in 1964 by an Act of Parliament Role of IDBI Providing technical and administrative assistance for promotion, management and expansion of industry thus performing promotional and development functions. Direct Assistance: The IDBI grants loans and advances to industrial concerns. The bank guarantees loans raised by industrial concerns in the open market from the State Co-operative Banks, the Scheduled Banks, the Industrial Finance Corporation of India (IFCI) and other notified financial institutions. Indirect Assistance: Providing refinancing facilities to the IFCI, SFCs and other financial institutions approved by the government. IDBI subscribes to the shares and bonds of the financial institutions and thereby provide supplementary resources. Coordinating the activities of financial institutions for the promotion and development of industries. IDBI is the leader, coordinator and innovator in the field of industrial financing in our country. Its major activity is confined to financing, developmental, co-ordination and promotional functions. Planning, promoting and developing industries with a view to fill the gaps in the industrial structure by conceiving, preparing and floating new projects. Subsidiaries of IDBI Bank IDBI Capital Market Services Limited (ICMS) IDBI Intech Limited (IIL) IDBI Asset Management Limited (IAML) IDBI MF Trustee Company Limited (IMTCL) DBI Trusteeship Services Ltd (ITSL) Contact: Registered Office: IDBI Bank Ltd. IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai 400005. Swift: IBKLINBB |
| 31st January 2018 03:41 PM | |
| Unregistered | Role Of IDBI In Entrepreneurship I am in final year MBA Banking degree and got an assignment to make report on the topic IDBI Bank searching for bank details. Will you provide details about roles and responsibilities Of IDBI In Entrepreneurships also provide this bank registered address and contact details? |
