Page 88 - DMGT512_FINANCIAL_INSTITUTIONS_AND_SERVICES

Unit 7: Non-banking Financial Companies
Rupesh Roshan Singh, Lovely Professional University

Unit 7: Non-banking Financial Companies Notes

CONTENTS
Objectives

Introduction
7.1 Concept of Non-banking Financial Companies
7.2 Guidelines of Non-banking Financial Companies

7.2.1 Progress/Growth
7.2.2 Prospects
7.3 Industrial Finance Corporation of India (IFCI)

7.4 State Financial Corporations (SFCs)
7.4.1 Objectives of State Financial Corporations
7.4.2 Functions of State Financial Corporations

7.5 State Industrial Development Corporations (SIDCs)
7.6 State Industries Development Bank of India (SIDBI)
7.6.1 Introduction

7.6.2 Operational Policies
7.7 Summary
7.8 Keywords

7.9 Self Assessment
7.10 Review Questions
7.11 Further Readings

Objectives

After studying this unit, you will be able to:

State the concept of non-banking financial companies
Explain the guidelines of non-banking financial companies
Discuss the progress of non-banking financial companies

Describe the prospects of non-banking financial companies
Explain Industrial Finance Corporation of India (IFCI)
Know about State Financial Corporations (SFCs) and State Industrial Development
Corporations (SIDCs)
Define Small Industries Development Bank of India (SIDBI)
Explain the operational policies of SIDBI

LOVELY PROFESSIONAL UNIVERSITY 83