a Development Financial institution (DFi) is defined as “an institution endorsed or supported by Government of india primarily to provide devel- opment/Project finance to one or more sectors or sub-sectors of the econ- omy. these DFis are also known as Development banks.

539 DFIs
Based on this working definition, we have identified 539 DFIs worldwide after systematically screening members of DFI and DFI-like associations one by one and examining each financial institution in the official DFI or DFI-like categories of national financial systems country by country.

Development Finance Institutions (DFIs) are government-controlled institutions that invest in sustainable private sector projects with the twofold objective of spurring economic activities in the country while themselves remaining financially viable.

Development Financial Institutions (DFIs) are critical intermediaries for channelling long-term finance required for infrastructure and realising higher economic growth.

Development Finance Institutions (DFIs) are specialised development organisations that are usually majority owned by national governments. DFIs invest in private sector projects in low and middle-income countries to promote job creation and sustainable economic growth.

Categories of DFIs:

• National Development Banks such as IDBI, SIDBI, ICICI, IFCI, IRBI, and IDFC.
• Sector-specific financial institutions such as TFCI, EXIM Bank, NABARD, HDFC, and NHB.
• Investment Institutions such as LIC, GIC and UTI.
• State-level institutions such as State Finance Corporations and SIDCs.

After two important DFIs, namely, ICICI and IDBI were merged with their banking units, many functions of DFIs are now performed by commercial banks and these are actively performed by commercial banks that finance projects like DFIs.

A development financial institution (DFI), also known as a development bank or development finance company (DFC), is a financial institution that provides risk capital for economic development projects on a non-commercial basis.

DFIs in India like IDBI, ICICI and IFCI did play a significant role in aiding industrial development in the past with the best of the resources made available to them. After the 1991 reforms, these DFIs had to change their tack due to changed policy stance and business environment.

Development finance institutions
3 min. Development finance institutions (DFIs) are entities that, among other things, provide capital for economic development projects.

Development finance is the efforts of local communities to support, encourage and catalyze expansion through public and private investment in physical development, redevelopment and/or business and industry.

Definition of Christmas 1 : a Christian feast on December 25 or among some Eastern Orthodox Christians on January 7 that commemorates the birth of Christ and is usually observed as a legal holiday 2 : christmastide

The central truth of the Christmas story is this: the Child of Christmas is God. Christmas is not about the Savior’s infancy; it is about His deity. The humble birth of Jesus Christ was never intended to conceal the reality that God was being born into the world. But the modern world’s version of Christmas does just that.

One passage in particular, written by the apostle Paul, captures the essence of Jesus’ divine nature and underscores the truths that make Christmas truly wonderful. He is the image of the invisible God, the first born of all creation. For. . . all things have been created by Him and for Him.

Well actually, no. For many, Christmas is either merry or depressing because of how many good presents they are able to give. And for some, because their financial situation makes it very difficult to give, they have come to hate the Christmas holidays because of all the giving.