Page 35 - DMGT512_FINANCIAL_INSTITUTIONS_AND_SERVICES

Financial Institutions and Services

Notes (e) National Co-operative Union of India (NCUI)
(f) National Agricultural Co-operative Marketing Federation of India (NAFED)
(g) Tribal Co-operative Marketing Development Federation of India Ltd.
(h) Indian Farmers Fertiliser Cooperative Limited (IFFCO)

(i) Krishak Bharati Co-operative Limited (KRIBHCO)
(j) National Bank for Agriculture and Rural Development (NABARD)
(k) National Federation of State Co-operative Banks Limited (NAFSCOB)
(l) Gujarat Cooperatives Milk Marketing Federation Ltd. (AMUL)

(m) National Dairy Development Board (NDDB).
6. Credit Reporting and Debt Collection Companies: Though the Credit Reporting and Debt
Collection is more in scattered form, it includes companies like that of:

(a) Trustman Credit Management Services
(b) Pankaj Saraf
7. Insurance Companies: There is an existence of many insurance companies in Indian market.
The main of them are:
(a) General Insurance Corporation of India Ltd.
(b) Life Insurance Corporation
(c) New India Assurance Company

(d) United India Insurance Company.
8. Merchant Banks: Merchant banks are institutions like:

Examples: 1. Citibank
2. Bajaj Capital Limited
3. Standard Chartered Bank
4. SPA Merchant Bankers Limited

9. Mutual Funds: According to Chapter 1, Securities and Exchange Board of India (Mutual
Funds) Regulations, December 9, 1996, a "mutual fund" means a fund established in the
form of a trust to raise money through the sale of units to the public or a section of the
public under one or more schemes for investing in securities, including money market
instruments.

Examples: 1. AIG World Gold Fund
2. Franklin Infotech Fund
3. Birla Sun Life Commodity Equities Fund
4. ICICI Prudential Technology Fund.

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