The institution that provides long term loan to industries are called as ______
The institution that provides long term loan to industries are called as Industrial bank.
Industrial banks, also known as industrial loan companies, are a specific type of financial institution that are primarily engaged in making loans and other financial services to industrial and commercial customers.
However, industrial banks are not the only type of institution that can provide long-term loans to industries.
In India, long-term loans to industries are usually provided by specialized financial institutions, such as the Industrial Development Bank of India (IDBI) and the National Bank for Agriculture and Rural Development (NABARD), as well as commercial banks and non-banking financial companies (NBFCs).