Environmental Sciences, asked by radha5609, 10 months ago

2) SIDBI provides different types of financial and non-financial services through itssubsidiaries .justify the statement​

Answers

Answered by sunnyrockk
1

Answer:

sbi bank is very guddd

Explanation:

bank are useful a lot

Answered by asma256
0

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

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