Business Studies

Which of the following is/are the specialized bank(s) of India?


ANSWER

All of the above


SOLUTION
The banking operations of the specialized banks serve only specific purposes. Specialized banks are established in order to finance specific type of economic activity. Following are the specialized banks of India:
a) Industrial Development Bank of India
b) EXIM Bank
c) Rural Credit Bank.
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Single Correct Medium Published on 18th 08, 2020
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