‘The Role of Banks in the development of entrepreneurship in India’
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 7
Abstract
Recently Narendra Modi government has made a call for make in India and encourages young Indian talents to start their own new business or undertake ventures.After that many new entrepreneurs came forward to start business. At the same time the role of financial institution increased as they should meet the need of financial assistance to new startup company. Entrepreneurship development is a concept that has to do with the formation, financing, growth and expansion of business or enterprises in an economy.This paper is focus on the role of banks in the development of entrepreneurship. It is aimed at to find out what are the problems encountered by entrepreneurs in acquiring loans for their business and also what are the problems are faced by banks in granting loans along with their contribution of entrepreneurship in India. This paper also made an attempt to know the present scenario of entrepreneurship in India. The study is purely based on secondary data which is collected through magazines, journals and various other sources of secondary data.
Authors and Affiliations
Sushmitha. R. Shetty, Swathi Bhat, Abhinandan .
Keywords
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- EP ID EP412111
- DOI 10.9790/487X-2007027174.
- Views 59
- Downloads 0
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