1. A Multilateral Development Bank is formed by the Governments of a group of countries.
2. The member countries consist of developed donor countries and borrower countries.
3. International Bank for Reconstruction and Development, Asian Development Bank, African Development Bank, and European Investment Bank are some of the MOBs

Some banks are created for special purposes by the Government. Export and Import Bank of India was set up through Export- Import Bank of India Act, 1981.Its main objective is to facilitate international trade of Indian businessmen. EXIM Bank provides finance for import of technology, export product development, pre-shipment and post-shipment and overseas investment.

Nidhi companies promote thrift and savings habit among members and they are registered under Companies Act, 2013.Only Nidhi companies fulfilling certain norms are registered and regulated by the RBI.Others are not regulated.

i. Money lenders charge exorbitant rates as high as 20 percent per day (12.16 percent per annum).
ii. It is called 'Kandhuvatti' or 'flight vatti' in Tamil.The Usurious Loans Act 1918 of the Government of India and the Tamil Nadu Prohibition of Charging Exorbitant Interest Act 2003 prohibit charging such interest rates.

An individual as well as institution lend money in rural and urban areas.
Certain community based businessmen provided loans for interest in different parts of India.
The reasons for their indispensable existence are:
i) They disburse loan at doorstep at any time of the day with or witheut security.
ii) They provide the required amount and at the required time.
iii) Very less documentation and procedures.
iv) Banks are not willing to advance loans to farmers or labourers with less income levels.