Which of the following is not a development banking institutions?

IDBI
IFCI
EXIM bank
ICICI

The correct answer is D. ICICI.

IDBI, IFCI, and EXIM Bank are all development banking institutions. They are all government-owned banks that provide loans and other financial assistance to businesses and other organizations. ICICI, on the other hand, is a private sector bank. It does not have the same mandate as the other three banks to promote economic development.

IDBI (Industrial Development Bank of India) was established in 1964 to provide financial assistance to industrial projects. It is the largest development bank in India. IFCI (Industrial Finance Corporation of India) was established in 1948 to provide long-term loans to industrial companies. EXIM Bank (Export-Import Bank of India) was established in 1982 to promote India’s exports and imports. ICICI (Industrial Credit and Investment Corporation of India) was established in 1955 as a private sector bank. It is now one of the largest private sector banks in India.