What is the unique role of IDBI that is different from other development banks ?
1
It grants loans and advances to companies repayable between 8 to 10 years.
2
providing financial assistance directly to industrial units, as well as to refinance loans granted by other financial institutions.
3
It undertakes underwriting of the public issue of shares and debentures made by companies.
4
It subscribes directly to the issue of shares and debentures made by industrial concerns.