Full formBanking & Finance
KDBstands forKerala Development Bank
Full Form of KDB
What is KDB?
Kerala Development Bank (KDB) is a state-level financial institution established by the Government of Kerala to accelerate economic growth and infrastructure development within the state. It serves as a key vehicle for channeling long-term funds into projects such as roads, bridges, water supply, power, and social infrastructure like schools and hospitals. KDB was set up to replace the earlier Kerala Financial Corporation and to provide more focused development finance, especially in sectors that are crucial for sustainable growth. The bank operates under the administrative control of the Kerala government and collaborates with national development banks like NABARD and SIDBI. KDB is particularly relevant for students preparing for banking and state government competitive exams, as it represents an example of state-level development banking and fiscal decentralization.
KDB का फुल फॉर्म
केरल विकास बैंक
Example
The state government has allocated ₹500 crore to KDB for the construction of a new industrial corridor in Kochi.
KDB — frequently asked questions
What is the full form of KDB?
The full form of KDB is Kerala Development Bank.
When was Kerala Development Bank established?
Kerala Development Bank was established in 2020 as a successor to the Kerala Financial Corporation, focusing on long-term development finance.
Is KDB relevant for banking exams in India?
Yes, questions on state-level development banks like KDB often appear in general awareness sections of banking and government job exams.