Learn about the concept of development banks, their functions, and their significance in promoting economic growth and social development. Development banks are specialized financial institutions that provide long-term funding and support for various development projects in sectors such as infrastructure, agriculture, industry, education, healthcare, and housing. Discover how development banks fill the financing gap, promote inclusive growth, support sustainable development practices, facilitate knowledge transfer, and encourage public-private partnerships. With their financial resources, technical expertise, and capacity-building efforts, development banks play a crucial role in creating a better future for societies and improving the well-being of individuals.