Paper Title
Finance Export in India: Commercial Bank Practices and Pre/Post-COVID-19 Implications.
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Registration ID: IJNRD_194481
Published ID: IJNRD2305154
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Keywords
Finance, Export, Commercial Banks, Pre-covid, Post-covid, Global Economy
Abstract
Finance export is an inevitable part of the international trade process and commercial bank is the primary source of this export financing. A developing country like India with a current GDP of 9.1 and ranking 5th in global economy its very crucial to sustain this growth but with the onset of Covid 19 in the year 2020 the GDP fell to -5.8. Across the globe where developed countries like USA struggled to maintain the viability of a good economy for their respective countries. India maintained its ground well. For any country’s economy banking sector plays a pivotal role and for India we investigated the Commercial banks, their role, and implications in finance export of India. A commercial bank is like any other financial institution that helps undertake all the finance related operations from providing buyer's credit, corporate banking products, and project-based finance, help provide foreign exchange to those having the license for doing such transactions overseas. Apart from this they help create liquidity and capital in the markets by taking funds from their customers deposit and lending them out to others in need. This paper aims to understand the changes occurred pre covid and post covid by a comparative analysis for Indian commercial banks performance in the field of export. It will explore the challenges faced by the exporters and strategies adopted by commercial banks handle these challenges. This paper will add points to the existing literature and the research done by researchers. Recommendations based on the findings and problems encountered will be done to mitigate the existing problems unsolved.
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How To Cite (APA)
Dr.Mansi Kukreja, Anbu Saravanan S., Anshu, Asha Kumari, & B Bishal patra, Aryan MV (May-2023). Finance Export in India: Commercial Bank Practices and Pre/Post-COVID-19 Implications.. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(5), b426-b431. https://ijnrd.org/papers/IJNRD2305154.pdf
Issue
Volume 8 Issue 5, May-2023
Pages : b426-b431
Other Publication Details
Paper Reg. ID: IJNRD_194481
Published Paper Id: IJNRD2305154
Research Area: Management
Author Type: Indian Author
Country: BANGALORE, Karnataka, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2305154.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2305154
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