Land development bank

<p>A land development bank , abbreviated LDB, is a special kind of <a href="/facts/Development_bank/1NBj7rPI">development bank</a> in <a href="/facts/India/1kKHcnxM">India</a>.  It is a quasi-commercial type that provides services such as accepting deposits, making business loans, and offering basic investment products. The main objective of the LDB is to promote the <a href="/facts/Land_development/W6dVvXjT">development of land</a>, <a href="/facts/Agriculture/TGztqzJs">agriculture</a> and increase the <a href="/facts/Agricultural_production/TGztqzJs">agricultural production</a>. The LDB provides long-term finance to members directly through its branches.
</p><p>Depending on their <a href="/facts/By-law/Aq9366FM">bye-laws</a> or constitutions they provide different functions and structures. Some are organized on a <a href="/facts/Sovereign_state/TrUb8sns">state</a> basis, some on a <a href="/facts/Co-operative/kQFtXWzt">co-operative</a> basis and some on a <a href="/facts/Private_property/w4nypYHj">private</a> basis, incorporating joint stock principles.
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Land development bank open-in-new

Land development bank