Industrial Finance Corporation of India At the time of independence in 1947, India's capital market was relatively underdeveloped. Although there was significant demand for new capital, there was a dearth of providers. Merchant bankers and underwriting firms were almost non-existent. And commercial banks were not equipped to provide long-term industrial finance in any significant manner. It is against this backdrop that the government established The Industrial Finance Corporation of India (IFCI)
Words: 440 - Pages: 2
Findings/result Conclusion Islamic Finance and the Afterlives of Development in Malaysia Daromir Rudnyckyj To describes some of the actions that have taken to position Kuala Lumpur as the central node in this emerging financial system. It also highlights the key principles of Islamic finance and the debates in which practitioners are engaged while developing a shariah-compliant financial system. Four aspects of Malaysia’s Islamic finance project reflect the afterlives of development. A novel approach to capitalism
Words: 972 - Pages: 4
and channeling resources In the present day socio-economic scenario, the leasing companies have been continuously playing an increased role in financing industry, trade and commerce and housing, thereby contributing significantly to the economic development of the country. The leasing sector has contributed significantly over the years, despite several constraints. With the challenges of time, the overall growth of the leasing business achieved through diversification of products and services and aggressive
Words: 8961 - Pages: 36
PETROZUATA The case of Petrozuata Petrozuata is a joint venture between Conoco, then part of DuPont, and Maraven, a subsidiary of Petróleos de Venezuela S.A. (PDVSA), Venezuela’s national oil company. It is the first in a series of development projects that are aimed at “re-opening” the Venezuelan oil sector to foreign investment. The project consists of three key components -Production of heavy oil from a new field in Venezuela’s interior -Transportation of the oil to coast via pipeline
Words: 2224 - Pages: 9
The Malaysian Financial System CCP-FSPC 1-1 Chapter 1 – The Malaysian Financial System Content Outline 1. The Banking System ............................................................................. 1-2 2. The Functions and Responsibilities of Monetary and Non-Monetary Institutions ............................................................................................. 1-6 3. The Functions and Responsibilities of Non-Bank Financial Intermediaries.................................
Words: 11026 - Pages: 45
Sources of Finance Finance is essential for a business’s operation, development and Expansion. Finance is the core limiting factor for most businesses and Therefore it is crucial for businesses to manage their financial resources Properly. Finance is available to a business from a variety of sources both Internal and external. It is also crucial for businesses to choose the most Appropriate source of finance for its several needs as different sources Have its own benefits and costs. Internal
Words: 894 - Pages: 4
Why is Finance so Important to a business? Finance is a crucial part of a start-up business; it is the cornerstone to determine whether or not your business will jump over the first hurdle. Without sufficient finance, a business has a very low risk of surviving the first stage of development. Finance can be important for various activities throughout the business starting with the purchasing of stock. If you are providing a product you will most likely need raw materials, if not then you will need
Words: 2159 - Pages: 9
|JOB TITLE: Financial Accountant (12 months contract) | |TEAM/PROGRAMME: Finance |LOCATION: London | |GRADE: (please leave this blank) |Type of Contract: | | |Fixed
Words: 693 - Pages: 3
STAFF REQUIRED Chitral Integrated Area Development Program (CIADP) is a Norwegian and Netherlands funded program being executed by THRIVE. THRIVE/CIADP invites the applications for the post of Senior Finance Officer based in Chitral. 1. 2. 3. 4. Assists the FM in the overall Finance activities of the Program and PMU Coordinates and follows up with the FM and Accounts officer for preparing vouchers for the Program; Prepares the monthly Payroll sheet for staff. Preparing Travel Claims of local staff
Words: 305 - Pages: 2
Abstract Non-Bank Financial Institutions (NBFIs) in Bangladesh are gaining increased popularity in recent times. Though the major business of most NBFIs is leasing some are also diversifying into other lines of business like term lending, housing finance, merchant banking,
Words: 7848 - Pages: 32