{"id":7385,"date":"2024-04-18T11:16:05","date_gmt":"2024-04-18T11:16:05","guid":{"rendered":"https:\/\/www.nextias.com\/blog\/?p=7385"},"modified":"2024-05-28T09:35:41","modified_gmt":"2024-05-28T09:35:41","slug":"development-banks","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/blog\/development-banks\/","title":{"rendered":"Development Banks in India: Meaning, Types, & Significance"},"content":{"rendered":"\n

Development Banks<\/strong> fill the critical gap in the Indian financial system by providing long-term finance to sectors that possess higher risks. As such, they played a pivotal role in shaping India’s economic landscape by promoting industrial growth, infrastructure development, and financial inclusion. This article of NEXT IAS<\/strong> aims to study in detail the Development Banks in India, including their meaning, types, roles, and significance.<\/em><\/p>

\n
\n<\/span><\/div>\n