Indian Financial Institutions
In response to the varied and growing demands of industry in the context of its special needs in a fast developing economy, several specialized financial institutions have been set up in India, both at all India level and at the states level. Today, there are more than 60 financial institutions each performing a specific task. These financial institutions carry out their assigned functions, which are far beyond the conventional function of providing term finance to eligible entrepreneurs and mobilizing resources for their lending operations.
Specialized financial institutions apart from being money lending agencies, also assess market potential, offer technical and managerial advice, ...