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Write a short notes: (i) Development Banks (ii) Commercial Banks.
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written 24 months ago by
prajapatijaimin
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Solution:
(i) Development Banks:
These institutions provide vital inputs like finance and development assistance.
IFCI, ICICI, and IDBI are operating at the all-India level whereas SFCs and SIDCs are functioning at the State level. IFCI, ICICI, and IDBI take special interest in promoting entrepreneurship, particularly in backward areas and rural …
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