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The Industrial Development Bank of India Limited, popularly known as IDBI Bank is
one of the leading public sector banks in India. Categorized as "other public sector bank" by
Reserve Bank of India (RBI), IDBI Bank is also the 4th largest Indian bank. Founded in 1964
to provide credit and other facilities to its customers, IDBI Bank currently has 457 centers,
688 branches and 1020 ATMs across the nation. It is world's 10th largest development bank
in terms of reach. IDBI Bank also built several institutions including the National Stock
Exchange of India (NSE), the Stock Holding Corporation of India (SHCIL) and the National
Securities Depository Services Ltd. (NSDL) etc.

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IDBI Bank was founded on July 1, 1964 under an Act of Parliament. It was
established as a wholly owned subsidiary of RBI (Reserve Bank of India). The ownership
was however transferred to the Government of India on February 16, 1976. It worked as the
main financial institution, whose main goal was to coordinate with other institutions
associated with financing, developing and promoting the industry. With the public issue of
IDBI Bank released in July 1995, the share holding of the Government came down below
100%. However, the majority of the share was still owned by the government, which is
currently 52.3%. IDBI Bank started offering a wide array of products and services to its
customers, which covered entire range of industrial activities including services and
manufacturing.

In September 2003, IDBI acquired the entire shareholding of Tata Finance Limited in
Tata Home Finance Ltd. Since then, the fully owned housing subsidiary was known as 'IDBI
Home Finance Limited'. Next year, on July 29, 2004, the Board of Directors of IDBI and
IBDI Bank approved the merger of IDBI Bank with the Industrial Development Bank of
India Ltd. IDBI Bank also acquired United Western Bank in 2006.

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IBDI Bank has the following subsidiaries:

AY IDBI Capital Market Services Limited

AY IDBI Home Finance Limited
AY IDBI Intech Limited
AY IDBI Gilts Limited
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IDBI Bank offers a wide array of products and services to its customers. For different
customer groups and needs, there are different types of products and services including
Personal Banking, Corporate Banking, SME Finance and Agri Business etc.

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Following products and services are offered by IDBI Bank for the corporates:

AY Project Finance
AY Infrastructure Finance
AY Syndication, Underwriting & Advisory Services
AY Carbon Credits Business
AY Working Capital
AY Cash Management Services
AY Trade Finance
AY Tax Payments
AY Derivatives
AY Technology Upgradation Fund Scheme (TUFS)
AY Film Financing Scheme
AY Direct Discounting Bills
AY Rehabilitation Finance


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Following SME Finance products are offered by the IDBI Bank:

AY Sulabh Vyapar Loan

AY Dealer Finance
AY Funding under CGFMSE
AY Direct Credit Scheme - SIDBI
AY Preferred customer scheme - IDBI Bank / SIDBI
AY Vendor financing (Pre - Sale)
AY Vendor financing (Post - Sale)
AY Lending Against the Security of Future Credit Card Receivables
AY Working Capital Financing - Software Development Entities
AY Finance to Medical Practitioners
AY Loan to SRWTO
AY SME Hosiery Special Current Account


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ICICI Bank is the largest private sector bank in India in terms of market
capitalization. It is also the second largest bank in India in terms of assets with a total asset of
Rs. 3,674.19 billion (US$ 77 billion) as on June 30, 2009. For the quarter ended on June 30,
2009, the total profit after tax has been Rs. 8.78 billion. Formerly known as Industrial Credit
and Investment Corporation of India, ICICI Bank has an extensive network of 1,544 branches
with about 4,816 ATMS located across India and in 18 other countries. ICICI Bank serves
over 24 Million customers throughout the world. It is considered as one of the µBig Four
Banks¶ in India along with State Bank of India, HDFC Bank and Axis Bank.

ICICI Bank provides a wide array of banking products and financial services to its
retail and corporate customers. It has a wide variety of delivery channels and specialized
affiliates and subsidiaries that ensure the flow of its offerings in the areas like investment
banking, venture capital, life and non-life insurance and asset management. This bank is also
India's largest credit card issuer. The equity share of ICICI Bank is listed on various stock
exchanges like NSE, BSE, Kolkata Stock Exchange and Vadodara Stock Exchange etc. Its
ADRs are also listed on the New York Stock Exchange.

ICICI Bank also has the largest international balance sheet among all the banks in
India. It is also expanding its business in the overseas market at an enviable pace. In Q2
September 2008, ICICI Bank recorded a 1.15% growth in net profit over Q2 September 2007
to reach at Rs. 1,014.21 crores. The current and savings account (CASA) ratio of the bank
also went up from 25% in 2007 to 30% in 2008.

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About Export-Import Bank of India The Export-Import Bank of India, also known as
Exim Bank of India, is the leading export finance institution in the country. The bank was set
up in the year 1982 under the Export-Import Bank of India Act 1981. The Government of
India launched the Export-Import Bank Of India with an aim to augment exports from India
and also to combine the country's foreign trade and investment with the overall economic
growth. The bank began its operations as a supplier of export credit, but has over the period
evolved into an institution that plays a major role in partnering Indian Industries including
small and medium enterprises.

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Export-Import Bank of India has been one of the prime institutions that encourages
project exports from India. The bank offers wide-ranging services for enhancing the prospect
of Indian project exports. Exim Bank's Overseas Investment Finance program gives a variety
of facilities for Indian reserves and acquirements overseas. The facilities consist of direct
equity participation by the bank in the overseas venture and non-funded activities by the
overseas venture and loan to the Indian companies for equity participation in the venture
abroad. As part of Exim Bank's marketing Finance Program, the bank offers support to small
and medium enterprises in their export marketing efforts consisting of financing the soft
expenditure linking to completion of tactical and systematic export market development
plans.

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The primary objective of the Export-Import Bank of India is to provide financial

assistance to importers and exporters and function as the top financial institution. Some of the
services of the bank include: overseas investment finance, film finance, export credit, finance
for export oriented units and agricultural & SME finance. In the period of 2005- 2006 the
total amount of loan given out by the bank amounted to 150,389 million, while this figure
shot up to Rs. 220,760 million in the flowing year.

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Export-Import Bank of India plays the role of source of finance, promoter,

coordinator and consultation to India's Foreign Trade. The bank is the coordinator of the
Working Group Mechanism for the clearance of projects, service exports and deferred
payment exports. This group comprises of Exim Bank and Government of India
representatives from the Ministries of Finance, Commerce and external Affairs, Export Credit
Guarantee Corporation of India Ltd, commercial banks that are certified foreign exchange
dealers and the Reserve Bank of India. This working group gives clearance to contracts
sponsored by Exim Bank or commercial banks and operates as a single window mechanism
for clearance of export proposal terms.

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The Life Insurance Corporation (LIC) of India founded in 1956 is the largest life
insurance company in India owned solely by the Government of India. Headquartered in
Mumbai, which is considered the financial capital of India, LIC presently has 7 Zonal Offices
and 100 Divisional Offices situated all around the country. In addition to an even distribution
of 2048 branches located in different towns and cities of India, LIC also has a network of
around one million agents who solicit life insurance policies to the public.

 
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The first 150 years of the British Rule in India were characterized by turbulent
economic conditions. The first war of independence in 1857, the World Wars 1 and 2 (1914-
1918 and 1939-45) and India's national struggle for freedom in between had adverse effect on
the economy. In addition to this the period of world wide economic crisis in between the two
World Wars termed as the period of Great Depression led to the high rate of bankruptcies and
liquidation of most Life Insurance Companies in India that existed during that time. These
occurrences led to loss of faith in insurance of the people of India.

The Life Insurance Companies Act and Provident Fund Act both passed in 1912 provided
regulatory mechanisms to the Life Insurance Industry in India for the first time. After
undergoing several other such reforms in the following decades and nearly a decade after
India achieved independence, the Parliament of India passed the Life Insurance of India Act
on 19 th June, 1956 following which the Life Insurance Corporation (LIC) of India on 1 st
September of the same year. The Company began its operations with 5 Zonal Offices , 33
Divisional Offices and 212 Branch Offices .

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Existing as a towering insurance company for over 50 years, LIC has acquired almost
monopoly power in the solicitation and sale of life insurance policies in India. In addition to
the summary regarding the present stature provided at the beginning, LIC has extended its
activities in 12 countries other than India with the objective of catering to the insurance needs
of Non Resident Indians.

The enforcement of New Economic Reforms in 1991 coupled with the formation of
Insurance Regulatory and Development Authority Act (IRDA) of 2000 (which started issuing
licenses to private life insurers ) has diluted the monopolistic attitude commanded by LIC.
The only insurance company belonging to the public sector now has to compete with several
other corporate entities of its kind which often are heavyweight Indian as well as
Multinational Life Insurance Brands in themselves.

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AY Life Insurance Corporation (LIC) of India International - A joint venture offshore

company promoted by LIC which commenced its operations in July, 1989 with the
objective of offering policies denominated in US $ to NRIs residing in the Gulf.
AY LIC Nepal - Formed in 2001 in joint venture with Vishal Group of Industries, Nepal.
AY LIC Lanka - Formed in 2003 in joint venture with Bartleet Group of Companies, Sri
Lanka
AY LIC Housing Finance - Established in 19 th June,1989 in Dubai with the objective of
providing long term finance for construction of houses or apartments.
AY LIC Housing Finance Limited Care Homes - A wholly owned subsidiary of LIC
Housing Finance which builds "Assisted Community Living Centers" for senior
citizens.

With its ever-expanding operations, LIC has set an example for other Public Sector
Undertakings of India to follow.

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The !# c!!  ! $ !  was incorporated on July 1,
1948 by the Government of India as a tool to overcome the scarcity of long-term finance
plans in the industrial sector. IFCI is the first Development Financial Institution in India.

During the period of independence in 1947, the capital market scenario was
horrendous. In spite of the major requirement of capital market in India, there were no
providers for it. To add to the woes, there were no merchant bankers and underwriting firms.
The commercial banks were not well-accoutered to render long-term financial plans in the
industrial sector. Indian finance market were drowning into a well of failure when the
Government of India decided to launch the IFCI with the aim to provide long-term financial
plans to all the sectors of Indian industry. The Development Financial Institution in India
(DFI) was incorporated with the aim to make access to inexpensive funds easy enough for the
industrial sector through Central Bank's Statutory Liquidity Ratio or SLR. This Statutory
Liquidity Ratio enabled the corporate borrowers to take loans and overtures at a much
concessional rates.

During the early 1990s, the Government of India realized that the financial system of
the country needs more flexibility. The Government also felt that The Industrial Finance
Corporation of India Limited needed to access directly to the capital market for any kinds of
funds or other financial issues. At this point of time, that is in 1993, the Government of India
took the decision of transferring IFCI from Statutory Liquidity Ratio to a company that would
come under the Indian Companies Act, 1956.

The main focus of The Industrial Finance Corporation was to provide long-term
financial benefits to various sectors in Indian industry and it has fulfilled it quite efficiently.
IFCI has also been quite subservient in implementing the number of things that the
Government of India planned up to ensure financial benefits into services. IFCI carried out all
the responsibilities regarding Government's industrial policy initiatives till the establishment
of ICICI in 1956 and IDBI in 1964.

The Industrial Finance Corporation of India had made a wide range of contributions
in various sectors in Indian industry. Some of the noteworthy contributions of IFCI include
improvement of Indian industry, export promotion, import permutation, development in
business, pollution control measures, energy preservation, and rendering direct and indirect
employment. There are a number of industrial sectors that have been massively benefited
from The Industrial Finance Corporation of India Limited. They are as follows:

AY Capital & intermediate goods industry that includes products such as electronics,
synthetic plastics, synthetic fibers, and miscellaneous chemicals
AY Service industries that include hotels and hospitals
 AY Consumer goods industry such as textiles, paper, and sugar
AY Infrastructure sector which involves power generation and telecom services
AY Basic industries involving products such as cement, iron & steel, fertilizers, basic
chemicals

The economic contributions of The Industrial Finance Corporation of India Limited

has been quite large-scale since its establishment. IFCI has sanctioned funds of an amount of
Rs. 462 billion to 5707 companies and has paid out Rs. 444 billion in totality. The business
entrepreneurs have got immense help from IFCI as well when they started off with any new
business or even on their way to expand the already existing business. IFCI has been a great
helping hand to the entire industrial sector in India and most importantly it was the only
support at the time of scarcity.

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The Micro, Small and Medium Enterprises (MSME) sector has been recognised as
engine of growth all over the world. Many countries of the world have established a SME
Development Agency as the nodal agency to coordinate and oversee all Government
interventions in respect of the development of this sector. In the case of India, also Medium
establishment has for the first time been defined in terms of separate Act, governing
promotion and development of Micro, Small and Medium Enterprises (MSME) i.e. Micro,
Small and Medium Enterprises (MSME) development Act, 2006 (which has come into force
from 02nd Oct, 2006) the Office of Development Commissioner (Micro, Small and Medium
Enterprises) functions as the nodal Developmet Agency under the Ministry of Micro, Small
and Medium Enterprises(MSME).

Office of Development Commissioner (SSI) was established in 1954 on the basis of

the recommendations of the Ford Foundation. Over the years, it has seen its role evolve into
an agency for advocacy, hand holding and facilitation for the small industries sector. It has
over 70 offices and 21 autonomous bodies under its management. These autonomous bodies
include Tool Rooms, Training Institutions and Project-cum-Process Development
Centres. Office of the Development Commissioner (MSME) provides a wide spectrum of
services to the Micro, Small and Medium Industrial sector. These include facilities for
testing, toolmenting, training for entrepreneurship development, preparation of project and
product profiles, technical and managerial consultancy, assistance for exports, pollution and
energy audits etc. Office of the Development Commissioner (MSME) provides economic
information services and advises Government in policy formulation for the promotion and
development of SSIs. The field offices also work as effective links between the Central and
the State Governments.

Consequent to the increased globalization of the Indian economy, MSMEs are

required to face new challenges. Office of the Development Commissioner (MSME) has
recognised the changed environment and is currently focusing on providing support in the
fields of credit, marketing, technology and infrastructure to MSMEs. Global trends and
national developments have accentuated Office of the Development Commissioner
(MSME)'s role as a catalyst of growth of MSMEs in the country.

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Micro, Small & Medium Enterprises-Development Institute (MSME-DI), Ministry of

MSME, Govt. of India, has been playing a key role for development of MSME through
counseling, consultancy and training. Established in 1960 as Small Industries Service
Institute Extension Centre and thereafter upgraded as Small Industries Service Institute in
1975, the Institute has made significant contributions for promotion and development of
Micro, Small and Medium Enterprises in Jharkhand. The Institute strives to achieve its
avowed objective through a gamut of operations ranging from training, consultancy, buyer-
seller meet, vendor development programme as well as various awareness and modernization
programmers. The Institute has one Br. Institute at Dhabi in order to supplement to its
endeavor.

 
:
To augment and foster the capability of the state of Jharkhand to harness its
Entrepreneurial Potential through Promotion and Development of Micro and Small
Enterprises and Service & Business Enterprises.

 

To grow into an institution of excellence as a provider of technical know-how,

training inputs and package assistance to Micro and Small Enterprises.

To emerge as a small enterprise information and resource centre about databases for
Micro, Small and Medium Enterprises.






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AY Assistance / Consultancy to Prospective Entrepreneurs.

AY Assistance / Consultancy to existing Micro and Small Enterprises .
AY Preparation / Upgradation of District Industrial Potential Surveys.
AY Preparation of Project Reports / Project Profiles.
AY Entrepreneurship Development Programmes
AY Motivation Campaigns.
AY Project Appraisal for Bank / Financial Institutions.
AY Management Development Programmes.
AY Skill Development Programmes
AY Awareness Programmes on Energy Conservation / Pollution Control.
AY Quality Improvement & Technology up gradation.
AY Export Promotion.
AY Ancillary Development.
AY Linkage with State Govt. Functionaries.
AY Market Surveys.
AY Marketing Support through NSIC Enlistment by giving Technical Inspection
Report.
AY Registration of Micro and Small Enterprises under Ozone Depleting
Substances (Regulation & Control) Rules, 2000.
AY Revival of Sick Micro and Small Enterprises .


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1. Entrepreneurship development programmes [edps]

2. Management development programmes [mdps]

3. Information technology training (i.t. Training)

4. Sub-contracting exchange (scx)

5. Vendor development programme [vdp]

6. Central govt. Stores purchase programme (cgsp)

7. Technology resource centre [trc]

8. Quality upgradation scheme (qus)

9. Export promotion programme (e.p.p.)

 10. Sick units revival programme (surp)

11. Small industries cluster development programme [sicdp]

12. National awards


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!# ## !  ! , also known as NSIC was established
in 1955 as a Government of India undertaking. The company was set up with the objective of
exploring, supporting, and promoting the growth and development of small-scale industries
and allied services inIndia.

In India, NSIC has 5 technical centers, 9 zonal offices, 33 branches, 14 sub-branches, 10

business development offices, and 2 tech-parks. The company employs over 500
professionals and it also has an office in Johannesburg from where it handles its operations
pertaining to South African nations. In the 52 years of its existence, the National Small
Industries Corporation Limited has gone from strength to strength and has successfully
managed to modernize small scale industries in India by making them technology-oriented
and by emphasizing quality. NSIC has also bolstered the small scale industry by fortifying its
ties with the large and medium scale industries.

The most crucial factor behind the stellar performance of the NSIC is its marketing expertise
which it has acquired by means of the following:

AY Tender marketing
AY Government purchase registration
AY Consortia
AY Technology fairs
AY Exhibitions
AY Product export
AY Project export
AY Buyer-seller interface
AY Raw material financing
AY Credit support

NSIC also offers excellent technical support to the small scale industry through its
technical service centers located in regions such as Rajkot, Chennai, Howrah, and New Delhi.
NSIC is also responsible for forging long-term international partnerships. Inter-enterprise co-
operation has always been encouraged by National Small Industries Corporation Limited
which also fosters the sharing of industry-wide best practices. Towards it international co-
operation services, NSIC also offers international services in the domain of consultancy.
NSIC has done especially well in areas like Policy Formulation, Capacity Building,
Entrepreneurial Development, and Business Development.

National Small Industries Corporation Limited has also facilitated export credit for
small enterprises. Towards this end, the company has entered strategic tie-ups with Export
Credit Guarantee Corporation of India Limited. One of the recent feathers in the cap of
National Small Industries Corporation Limited is the Small Enterprise Establishment
Program - SEEP. This initiative is geared at establishing new companies across India by
promoting self-employment for those who are unemployed. This program highlights the
formation of integrated processes such as training, skill enhancement, machinery sourcing,
credit facility sanctioning, and supporting activities.

In order to promote Indian small scale industries, National Small Industries

Corporation Limited has often organized delegation visits where Indian delegates visit
foreign countries in order to enhance business cooperation and technical collaboration
between India and other countries. Indian delegates have visited countries like USA, Canada,
Brazil, Italy, Mexico, Germany, and Japan for these purposes

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The promoters of ITCOT are:

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AY ICICI Bank Ltd.

AY IFCI Ltd.
AY SIDBI.
State Development Corporations
AY State Industries Promotion Corporation of Tamilnadu Ltd. SIPCOT)
AY Tamilnadu Industrial Investment Corporation Ltd. (TIIC)
AY Tamilnadu Small Industries Development Corporation Ltd. (SIDCO) Commercial
Banks
AY State Bank of India
AY Indian Bank
 AY Indian Overseas Bank
AY Canara Bank
AY Central Bank of India
AY Union Bank of India
AY Syndicate Bank
AY Bank of Baroda

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AY To evolve standardised materials and processes for selection, training, support and sustenance
of entrepreneurs, potential and existing.
AY To help/support and affiliate institutions/organisations in carrying out training and other
entrepreneurship development related activities.
AY To serve as an apex national level resource institute for accelerating the process of
entrepreneurship development ensuring its impact across the country and among all strata of
the society.
AY To provide vital information and support to trainers,promoters and entrepreneurs by
organising research and documentation relevant to entrepreneurship development
AY To train trainers, promoters and consultants in various areas of entrepreneurship development.
AY To provide national/international forums for interaction and exchange of experiences helpful
for policy formulation and modification at various levels.
AY To offer consultancy nationally/internationally for promotion of entrepreneurship and small
business development.
AY To share internationally experience and expertise in entrepreneurship development.
AY To share experience and expertise in entrepreneurship development across National frontiers.

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AY The social objective of providing employment
AY The economic objective of producing saleable articles,
AY The wider objective of creating self-reliance amongst the poor and building up of a
strong rural community spirit.

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Some of the major functions of KVIC are ... .

AY The KVIC is charged with the planning, promotion, organisation and implementation
of programs for the development of Khadi and other village industries in the rural
areas in coordination with other agencies engaged in rural development wherever
necessary.
AY Its functions also comprise building up of a reserve of raw materials and implements
for supply to producers, creation of common service facilities for processing of raw
materials as semi-finished goods and provisions of facilities for marketing of KVI
products apart from organisation of training of artisans engaged in these industries
and encouragement of co-operative efforts amongst them. To promote the sale and
marketing of khadi and/or products of village industries or handicrafts, the KVIC may
forge linkages with established marketing agencies wherever feasible and necessary.

AY The KVIC is also charged with the responsibility of encouraging and promoting
research in the production techniques and equipment employed in the Khadi and
Village Industries sector and providing facilities for the study of the problems relating
to it, including the use of non-conventional energy and electric power with a view to
increasing productivity, eliminating drudgery and otherwise enhancing their
competitive capacity and arranging for dissemination of salient results obtained from
such research..

AY Further, the KVIC is entrusted with the task of providing financial assistance to
institutions and individuals for development and operation of Khadi and village
industries and guiding them through supply of designs, prototypes and other technical
information.

AY In implementing KVI activities, the KVIC may take such steps as to ensure
genuineness of the products and to set standards of quality and ensure that the
products of Khadi and village industries do conform to the standards.

AY The KVIC may also undertake directly or through other agencies studies concerning
the problems of Khadi and/or village industries besides research or establishing pilot
projects for the development of Khadi and village industries.

AY The KVIC is authorized to establish and maintain separate organisations for the
purpose of carrying out any or all of the above matters besides carrying out any other
matters incidental to its activities.