Definition of co operative land mortgage bank and co-operative land development bank in maharashtra co operative act
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A land development bank (Bengali: ভূমি উন্নয়ন ব্যাংক), abbreviated LDB, is a special kind of bank in India, and is of quasi-commercial type that provides services such as accepting deposits, making business loans, and offering basic investment products. The main objective of the LDB is to promote the development of land, agriculture and increase the agricultural production. The LDB provides long-term finance to members directly through its branches.[1
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