Apex organisation of finance industries - which is the apex body in industrial finance
The apex organisation of industrial finance in India is the Industrial Finance Corporation of India (IFCI). IFCI was established in 1948 as a statutory corporation under the Industrial Finance Corporation Act, 1948. IFCI is the oldest development financial institution in India.
IFCI provides financial assistance to industrial concerns in the form of term loans, equity capital, venture capital and other forms of long-term finance. IFCI also provides advisory services to its clients on financial, managerial and technological matters.
IFCI plays a vital role in the development of the industrial sector in India. Over the years, IFCI has helped finance many iconic projects in India such as the construction of the Bhakra Nangal Dam, the setting up of the steel plants in Rourkela and Durgapur, and the development of the software industry in Bangalore.
IFCI is headquartered in New Delhi and has regional offices in all the major cities of India.
What is apex financial institutions - which is the apex institute in finance sector of India
The apex organisation of industrial finance in India is the Reserve Bank of India (RBI). The RBI is the central bank of India and is responsible for the monetary policy of the country. The RBI is also responsible for the regulation and supervision of the banking sector in India.
Is the apex institution for finance MSME
The apex institution for finance for MSMEs in India is the National Small Industries Corporation (NSIC). It is a government of India enterprise under the Ministry of Micro, Small and Medium Enterprises (MSME). The main objective of NSIC is to promote, aid and develop the micro, small and medium enterprises sector in India. NSIC provides a range of services including technology transfer, marketing, finance, insurance and training to MSMEs.
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Thanks for reading: what is the apex organisation of industrial finance in india, Sorry, my English is bad:)
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