What Are The Difference Between Commercial Bank And Development Bank?

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Aisha Profile
Aisha answered
A commercial bank is targeting the masses. It has a number of products to market in a day to day routine.
On the other hand, A development bank is focused on the developing sector only. They provide micro-loans, agriculture loans and other such development products.
Anonymous Profile
Anonymous answered
Commercial banks for day to day financial transactions of an individual, group or a company.  Development banks for loans for development activities housing, commercial, agricultural etc.,
Anonymous Profile
Anonymous answered
Commercial banks are private owned and central bank is government owned.

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