ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Future of Development Finance

The financial model of the typical development finance institution has become obsolete, but the need that it fulfilled, i e, getting new enterprises across the broad swathe of industrial and service sectors, has not. We need a new model to replace the old, something that will combine a reasonable degree of efficiency in managing the risks of its loan portfolio with a nurturing orientation towards small and medium enterprises, while they grow towards the market.

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