Development banks are the institutions engaged in the promotion and development of industry, agriculture and other key sectors.
National or regional financial institution designed to provide medium- and long-term capital for productive investment. Such investment is usuallyaccompanied by technical assistance.
Some development banks are government-owned, while others are private.Many have been established under the auspices of the World Bank.
Among the largest are the Inter-American Development Bank, the Asian Development Bank, and the African Development Bank.
2MANAGEMENT OF FINANCIAL INSTITUTIONSSAMRITI GOEL