2) SIDBI provides different types of financial and non-financial services through itssubsidiaries .justify the statement
Answers
Answer:
sbi bank is very guddd
Explanation:
bank are useful a lot
Explanation:
1) Small Industrial Development Bank of India (SIDBI) was established on 2nd April 1990. Its main function is to create employment.
2) SIDBI takes structural initiative to resolve financial and non-financial hurdles of MSME's. SIDBI works as a advisor and mentor for MSME's. They help MSME's in expanding marketing channels for production in both domestic as well as international market.
3) They provide financial and non financial services like SVCL, CGTMSE, SMERA, ISTSL, ISARC and MUDRA. These subsidiaries provide capital credit facility without 3rd party guarantee 3rd party rating system etc. They not only provide loans but also let the MSME's get the opportunity of new and emerging technology or establish business collaboration.
4) Thus SIDBI provides different types of financial and non financial services through its subsidiaries like SVCL, CGTMSE, SMERA, ISTSL, ISARC, and MUDRA
According to marking pattern this length of answer is sufficient to score full marks in justify