Friday, December 1, 2017

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Specialized Financial Institutions In India


The following are the specialized financial institutions established by government to provide financial and non–financial assistance to various industrial sectors in India.

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• Shipping Credit and Investment Corporation of India (SCICI), 1986.

• Infrastructure Leasing and Financial Service Limited (IL and FS), 1988.

• Technology Development and Information Company of India Limited (TDICI),

• Risk Capital and Technology Finance Corporation Limited (RCTFC), 1988.

• Tourism Finance Corporation of India (TFCI), 1989.

• Small Industries Development Bank of India (SIDBI), 1989.

• Infrastructure Development Finance Company (IDFC), 1997.


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