Samacheer Kalvi · 11th TN - English Medium · Commerce · Page 109question

UNIT III SERVICE BUSINESS - I

Chapter 10: 11th Commerce · Commerce · EN medium

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deposits from the public. They subscribe the shares and debentures of the industries. They provide technical and managerial consultancy services to industrialists. IDBI Bank established as the apex development bank in I964 and was transformed into public sector commercial bank in . Currently it performs both development bank and commercial bank functions. Its name changed into IDBI Bank Limited in . When a development bank is established for the development of agriculture industry it is called agricultural development bank.

📖 Namma Kalvi 11th Commerce Textbook English Medium · Page 109

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deposits from the public. They subscribe the shares and debentures of the industries. They provide technical and managerial consultancy services to industrialists. IDBI Bank established as the apex development bank in I964 and was transformed into public sector commercial bank in .

Currently it performs both development bank and commercial bank functions. Its name changed into IDBI Bank Limited in . When a development bank is established for the development of agriculture industry it is called agricultural development bank.

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