19. What is development Bank? Explain the functions of
Development Bank
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A development bank may, thus, be defined as a financial institution concerned with providing all types of financial assistance (medium as well as long-term) to business units, in the form of loans, underwriting, investment and guarantee operations, and promotional activities-economic development in general, and ...
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A development finance institution also known as a development Bank.
A development Bank may, thus be defined as a financial institution concerned with providing aal type of financial assistance to business units, in the form of loans, underwriting and investment.
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