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in Entrepreneurship by (36.7k points)

Apoorva wants to start a new business near to her locality, for which she requires capital. State different types of national level and state level financial institutions from where Apoorva can access capital according to her needs and requirements.

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Types of Specialised Financial Institutions-

Entrepreneurs have access to any of the following SFIs to choose from, according to their needs and requirements:

(A) At national level/All India development banks (B) At state level
1. Industrial Development Bank of India (IDBI) State Financial Corporation (SFCs)
2. Small Industries Development Bank of India (SIDBI) Tourism Finance Corporation of India (TFCI)
3. Industrial Finance Corporation of India (IFCI) State Industrial Development Corporations (SIDC)
4. Industrial Credit and Investment Corporation of India (ICICI)
5. National Bank for Agriculture and Rural Development (NABARD)
6. Industrial Investment Bank of India Ltd. (IIBI)

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