List of Development Banks in India

List of Major Development Banks in India 

Note: Many development banks operate under government guidance to achieve sectoral and regional development objectives. 

Features of Development Banks

1. Provide long-term and medium-term finance 

1. Focus on specific sectors like agriculture, MSME, and infrastructure 

1. Offer technical assistance and project evaluation 

1. Encourage industrialization and employment generation 

1. Regulated by RBI and relevant government authorities 

Objectives and Role of Development Banks 

1. Provide long-term financing for industries and infrastructure 

1. Promote micro, small, and medium enterprises (MSMEs) 

1. Support agricultural and rural development projects 

1. Assist in export promotion and foreign investment 

1. Encourage employment generation and regional development 

Benefits of Development Banks 

For Businesses 

1. Access to long-term project financing 

1. Support for start-ups and MSMEs 

1. Assistance with technical and financial planning 

For Economy 

1. Promotes industrial growth and infrastructure development 

1. Encourages entrepreneurship and innovation 

1. Supports sustainable and regional economic growth 

Challenges Faced by Development Banks

1. Dependence on government funding and subsidies 

1. Risk of non-performing assets (NPAs) in long-term loans 

1. Limited reach in rural or remote areas 

1. Need for digital transformation and modernization