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As of December 2024, 44 countries were still classified as LDC, while eight graduated between 1994 and 2024. [4] The World Trade Organization (WTO) recognizes the UN list and says that "Measures taken in the framework of the WTO can help LDCs increase their exports to other WTO members and attract investment. In many developing countries, pro ...
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
The landlocked developing countries (LLDC) are developing countries that are landlocked. [1] Due to the economic and other disadvantages suffered by such countries, the majority of landlocked countries are least developed countries (LDCs), with inhabitants of these countries occupying the bottom billion tier of the world's population in terms of poverty. [2]
The committee suggested that the foreign banks seeking to set up business in India should have a minimum start-up capital of $25 million as against the existing requirement of $10 million. It said that foreign banks can be allowed to set up subsidiaries and joint ventures that should be treated on a par with private banks.
India Infrastructure Finance Company: 2006 Ministry of Finance D/o Economic Affairs: New Delhi: Services Financial Services 84 India Tourism Development Corporation: 1966 Ministry of Tourism: Services Tourist services Miniratna Category - I 85 India Trade Promotion Organisation: 1976 Ministry of Commerce & Industry D/o Commerce: Services ...
The National Bank for Agriculture and Rural Development (NABARD) is an All India Development Financial Institution (DFI) [4] and an apex Supervisory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India. [5]
In December 2015 the first International Financial Services Centre (IFSC) in India was set up in Gujarat International Finance Tec-City (GIFT City). [5] In 2019 the Government of India enacted an Act of Parliament called the International Financial Services Centres Authority Act, 2019. [6] [7] [5]
India: Industrial Development Bank of India (IDBI), Industrial Finance Corporation of India (IFCI), Small Industries Development Bank of India (SIDBI), National Bank for Agriculture and Rural Development (NABARD), Export-Import Bank of India (EXIM), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID)