Loans from Financial Institutions
Financial institutions may not have their nominees on the Board of Directors of the borrowing company.
State Industrial Development Corporation and Unit Trust of India are examples of
Non-banking financial companies
These institutions aim at promoting the industrial development of a country, they are also known as_________________ banks.
None of the above
Other than providing funds, many development institutions provide financial, managerial and technical advice and consultancy to business firms.
International agencies and development banks help in developing the backward areas by providing medium and long term loans.
Financial Institutions act as