Discuss the sources from which a large industrial enterprise can raise capital for financing its modernization and expansion.
Dear student,
The Central and State Government has created many financial institutions from where a large industrial enterprise can raise capital for financing its modernization and expansion. Some of these financial institutions are:
1. Industrial Development Bank of India: It was established with an objective to coordinate the activities of financial institutions including commercial banks.
2. Unit trust of India: UTI objective is to mobilise community savings and channelise them into productive purpose.
3. Life Insurance Corporation of India: LIC mobilises the community savings in the form of premia and make it available to industrial concern.
4. Industrial Investment Bank of India: It assist sick units in reorganisation of their share capital, improvement in management system.
Regards
The Central and State Government has created many financial institutions from where a large industrial enterprise can raise capital for financing its modernization and expansion. Some of these financial institutions are:
1. Industrial Development Bank of India: It was established with an objective to coordinate the activities of financial institutions including commercial banks.
2. Unit trust of India: UTI objective is to mobilise community savings and channelise them into productive purpose.
3. Life Insurance Corporation of India: LIC mobilises the community savings in the form of premia and make it available to industrial concern.
4. Industrial Investment Bank of India: It assist sick units in reorganisation of their share capital, improvement in management system.
Regards