write down about development Bank
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Development bank, national or regional financial institution designed to provide medium- and long-term capital for productive investment, often accompanied by technical assistance, in poor countries.
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The bank which facilitates the economic sectors such as industrial, agricultural,rural,etc. by providing capital and technical assistance for their development is known as development banks. Development banks are commonly applied to investment banks for the financing of private projects which deserve to be promoted on general economic grounds. Their salient task is usually to provide medium and long-term funds.
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