What are the forms of financial assistance from state financial corporations?
3 years ago
Banking
State financial corporations extend financial assistance in the following forms :
(i) Granting of loans or advances and subscribing to the debentures of industrial concerns, repayable within a period of not exceeding twenty years.
(ii) Underwriting the issues of stocks, shares, bonds or debentures by industrial concerns.
Susmita Sah
Jan 16, 2022