Function of idbi pdf

Whereas IDBI federal is a joint venture Joint Venture A joint venture is a commercial arrangement between two or more parties in which the parties pool their assets with the goal of performing a specific task, and each party has joint ownership of the entity and is accountable for the costs, losses, or profits that arise out of the venture. Like every other bank, IDBI also provides various products and services to its customers. The most important factor is the bank is providing products and services to the Agriculture sector also.

Under this category, the bank provides normal banking products like preferred banking, loans, fixed deposit and lockers, cards, hour banking, Flexi current account, etc. The main product in this banking is the financial assistance to the corporate. The assistance is based on the requirement like long term, short term, working capital Working Capital Working capital is the amount available to a company for day-to-day expenses.

It's a measure of a company's liquidity, efficiency, and financial health, and it's calculated using a simple formula: "current assets accounts receivables, cash, inventories of unfinished goods and raw materials MINUS current liabilities accounts payable, debt due in one year " read more , channel financing, Bill discounting, etc. Real-time monitoring System : enable the customers to scan the transactions to identify fraud transactions. Abhay Card Limit Control App : It an app allows the customers to control their debit and credit cards.

Facebook and Twitter Banking : It helps to carry out the transactions through social media platforms in a safe and secure way. IDBI is now a universal bank operated by cutting-edge core banking platforms,. Oriental Insurance Ao Syllabus. Oriental Insurance Exam Pattern. Oriental Insurance Work Profile Salary. Prepare For Oriental Insurance. Sign Up for Free Already have an account? Sign In. Open in App Create free Account. Search for:. Get Pass Pass.

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