Question

5.Distinguish between ICICI and SIDBI.

Answer 1

Answer:

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ICICI:It owns certain assets and lease them to industrial entities. ICICI: It gives medium and long-term loans in Indian and foreign currency for importing capital equipment and technical services. SIDBI: Provides direct assistance and refinance loans.

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Answer 2

ICICI: It stimulates and promotes the investment of private capital in the industrial units both from India and abroad. ... ICICI: It gives medium and long-term loans in Indian and foreign currency for importing capital equipment and technical services. SIDBI: Provides direct assistance and refinance loans