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IDBI Executive Exam Analysis of Previous Year : English Language Topic No. of Questions Level Reading Comprehension 10 Moderate Phase Replacement 5 Easy Single Word Filler 5 Easy Error Detection 10 Easy-Moderate 5 more rows ...
Which is the main objective of IDBI in India?
IDBI has built some of the institutions like: The National Stock exchange (NSE), The National Securities Depository Services Ltd. (NSDL), Stock Holding Corporation of India (SHCIL). The main objective of IDBI is to operate as an apex institution to finance for the industries in India. Its objectives includes:
How does Industrial Development Bank of India work?
With liberalisation, IDBI developed a system of fund and fee-based services in order to deliver an expanded solution to meet the entire demand of finance and advisory needs. With the help of refinancing of loans, IDBI also provides indirect financial help to the citizens.
Why was IDBI converted into a commercial bank?
IDBI’s conversion into a commercial bank would provide a way to Current and Savings bank deposits which are low-cost deposits. This would result on the Bank’s overall cost of finance and improve lending at more compromising rates to their clients.
Last Update: Oct 2021
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