Growth finance institutions are essential for financing economic growth. These specialized banks cover gaps in the market. They provide long-term financial options that are often not accessible through traditional banks. They focus on funding development projects in regions that are neglected by conventional lenders. To address significant financial gaps, DFIs employ infrastructure loans, equity investments, and technical assistance. They help spark private investment for social and economic progress.Development Finance Institutions (DFIs) are specialized financial institutions. They make growth capital available, mostly for development-oriented projects. The promotion of social and economic development is the main duty of DFIs. The present topic of this study is an in-depth conceptual analysis of the creation and evolution of financial institutions in India.
