The bank, which is established to develop the agricultural sector of the country, is called Agriculture Development Bank (ADB).

Agriculture Development Bank (ADB) is established to grant agricultural credit to farmers and cooperatives for the overall development of agricultural sector.

Industrial development bank is the bank, which provides financial and technical assistance for the promotion and development of the industrial sector of the country.

The objective of establishing industrial development bank is to ensure industrial credit to industrialist for the overall development of the industrial sector.

Nepal Industrial and Development Corporation was established in 2016 B.S. under NIDC Act, 2016.

The bank which is established to provide microcredit services to the people of rural areas under group guarantee without collateral for the purpose of helping them to generate income is known as a rural development bank.

The main objectives of establishing rural development bank are to provide micro-credit to the poor, encourage the poor to save, empower women and develop their leadership skills and create ample opportunities for self-employment.

The major objectives of establishing private development banks are to mobilize more financial resources and provide technology know-how needed for the establishment and expansion for private enterprises.

The bank which facilitates the economic sectors such as industrial, agricultural, rural, etc. by providing capital and technical assistance for their development is known as a development bank. They mainly fulfil financial, administrative and technical requirement for the development of infrastructure facilities like transportation, electricity, communication, health, education, agriculture, industry, and mining in the country.

The bank, which is established to develop the agricultural sector of the country, is called Agriculture Development Bank (ADB). It is established with the objective of granting agriculture credit to farmers and cooperatives for the overall development of agricultural sector. Such credit helps to improve the living standard of the farmers. With the establishment of the bank, small farmers also have easy access for bank loans to finance their small projects. It also provides financial assistance for short-term and mid-term.

At present, Agriculture Development Bank performs banking functions as well. It is converted into the commercial bank from development bank since 2062/12/02. It accepts deposits from individuals and organizations, grants loans to business houses and performs agency functions on behalf of them.

The bank which facilitates the economic sectors such as industrial, agricultural, rural, etc. by providing capital and technical assistance for their development is known as a development bank. They mainly fulfil financial, administrative and technical requirement for the development of infrastructure facilities like transportation, electricity, communication, health, education, agriculture, industry, and mining in the country.

In the absence of development of the industrial sector, the development of the country is impossible. So, to develop the industrial sector of the country, a bank has been established which is known as an industrial development bank. It is the bank, which provides financial and technical assistance for the promotion and development of the industrial sector of the country. It is established with the objective of ensuring industrial credit to industrialist for the overall development of the industrial sector.

In Nepal, Nepal Industrial and Development Corporation (NIDC) was established in 2016 B.S. under NIDC Act, 2016 as the industrial development bank. It has got authorized capital of Rs. 250 million.

The bank which facilitates the economic sectors such as industrial, agricultural, rural, etc. by providing capital and technical assistance for their development is known as a development bank. They mainly fulfil financial, administrative and technical requirement for the development of infrastructure facilities like transportation, electricity, communication, health, education, agriculture, industry, and mining in the country.

The bank which is established to provide microcredit services to the people of rural areas under group guarantee without collateral for the purpose of helping them to generate income is known as a rural development bank. The bank helps the people of rural areas by providing financial assistance as well as organizing different types of training programs for carrying out different types of jobs. The main objectives of establishing rural development bank are to provide micro-credit to the poor, encourage the poor to save, empower women and develop their leadership skills and create ample opportunities for self-employment. It was established through a joint collaboration of the government, Nepal Rastra Bank, and Commercial Banks.

In Nepal, such banks are established under the provision of Banks and Financial Institutions Act, 2004. Rural development bank has already been established in each development region of the country. It accepts deposits as group saving as well as personal saving. It has got authorized capital of Rs. 300 millions.

The bank which facilitates the economic sectors such as industrial, agricultural, rural, etc. by providing capital and technical assistance for their development is known as a development bank. They mainly fulfil financial, administrative and technical requirement for the development of infrastructure facilities like transportation, electricity, communication, health, education, agriculture, industry, and mining in the country.

Private development banks are incorporated as public limited companies and operated under the Development Bank Act, 2052. The major objectives of establishing private development banks are to mobilize more financial resources and provide technology know-how needed for the establishment and expansion for private enterprises. These banks help in the increment of capacity and productivity of these private enterprises. They are allowed to collect deposits as per the instruction issued by Nepal Rastriya Bank. These banks grant loans to the individuals as well as corporations in the private sector against the security place.

The private development bank mobilizes their resources for the promotion and development of industrial, agricultural and tourism areas. In Nepal, 33 private development banks have already been established.