Banking Awareness for ibps po and sbi po exam – SIDBI, IDBI and EXMI bank important point

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Banking Awareness study Material For IBPS PO, Clerk and SBI PO exam:

Important point about –SIDBI, IDBI and EXMI bank

                                           SIDBI- Important Point Check here:

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  1. Small Industries Development Bank of India is shortly known as SIDBI
  2. Small Industries Development Bank of India (SIDBI) was established on 2 April 1990.
  3. Small Industries Development Bank of India was passed SIDBI act in 1989
  4. SIDBI was incorporated initially as a wholly owned subsidiary of industrial development Bank of India.
  5. Small industrial development bank of India is owned by various state-owned banks, insurance and financial institution.
  6. dependent financial institution aimed to aid growth and, small and medium-scale enterprises in India.
  7. SIDBI is list of 30thdevelopment bank in the world in the latest ranking of The banker, London.
  8. SIDBI headquarter –

                                                            SIDBI Function:

  1. SIDBI is initiating the processor of modernization and technical up gradation of the present units.
  2. It provides facilities the marketing of the products of the small scale sector in India as well as foreign countries.
  3. SIDBI provides special aid to labour intensive industries to enable them to provide more employment.
  4. It is also provide refinancing, factoring, leasing, service to small area.

                                           IDBI- important point about IDBI

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  1. IDBI abbreviation- Industrial Development bank of India
  2. IDBI was established in 1 July 1964 under act of parliament as wholly owned subsidiaries of the Central bank of India (RBI)
  3. The ownership of IDBI was transferred to the government of India.
  4. IDBI Headquarter –Mumbai, India
  5. CMD of IDBI – Shri Neelabh Krishna
  6. It is list of 4th development bank in India in overall rating
  7. Central bank of India (RBI) categorized IDBI is an “Other public sector bank”
  8. Industrial Development Bank of India (IDBI) has 909 branches.
  9. Total ATM-1521
  10. Total centers -621
  11. IDBI is acquired United Western Bank in rescue.

                                                      IDBI Objectives:

  1. Industrial Development bank of India (IDBI) was give loans to private sector as well as public sector undertaking in the field of commodity production.
  2. IDBI bank gives loans to the industries directly.
  3. IDBI is also invests industrial shares and underwrites the securities.
  4. IDBI directly offers facility of rebate in the trending bills.
  5. IDBI organizes investment surveys.
  6. IDBI Lends managerial and technical assistance to the industries.
  7. The IDBI provides industrial developments of the backward regions.
  8. Enhancement to the growth of small and medium-sized industries
  9. And also increase in export and import substitution

                                              EXMI bank – Important point

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  1. Export –Import bank of India was set up on 1992.
  2. EXMI bank is the premier export finance institution of India; it was set up 1982 under the Export –Import bank of India Act 1981.
  3. The main objective of EXMI bank is to increase countries export from India and to integrate the country’s foreign trade and investment with the overall economic growth.
  4. Headquarter of EXMI Bank – Mumbai
  5. CMD of EXMI –Yaduvendra Mathur

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