- The text mentions that NABARD, NHB, SIDBI, EXIM bank are also treated as development financial institutions.
- It states that the term “DFI” is not standardized in any statute.
- It does not explicitly detail how DFIs have evolved or the specific challenges they face today since the 1991 reforms.
- However, it implies that the role of DFIs is to fill gaps where financial markets fail.