Business Studies, asked by rishukumar2222, 2 months ago

characteristics
of development financial institutions​

Answers

Answered by shubhamraj57698
400

Answer:

Features of a Development Bank:

It is a specialised financial institution. ...

It provides medium and long term finance to business units.

Unlike commercial banks, it does not accept deposits from the public.

It is not just a term-lending institution. ...

It is essentially a development-oriented bank.

Explanation:

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Answered by sanjanagujaral685
0

Answer:

Features of a Development Bank:

It is a specialised financial institution.  

It provides medium and long term finance to business units.

Unlike commercial banks, it does not accept deposits from the public.

It is not just a term-lending institution.  

It is essentially a development-oriented bank.

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