Focusing on the evolution and significance of development financial institutions, this book delves into their critical role in providing long-term finance, particularly in India. It explores the reasons behind the decline of these institutions and their undervaluation by policymakers. The text discusses the transition of development banks to universal/commercial banks and presents a balanced view of their merits and drawbacks. Additionally, it examines India's unmet developmental goals and offers insights into potential solutions for revitalizing these essential financial entities.
