CONTRIBUTION OF INDIAN BANKING INDUSTRIES IN EXAGGERATING THE EXPANSION OF WOMEN ENTREPRENEURSHIP AND SUSTAINABLE GROWTH IN INDIA - A CONCISE OVERVIEW

Registration ID: IJNRD_212432

Published ID: IJNRD2401149

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DIBYENDU BANIK , SOURAV SHIL

Entrepreneurship, Women Empowerment, Financial Literacy, Bank, Sustainable Development, Economic Growth.

In recent times, the Government of India has launched the Make in India initiative to encourage young Indian talents to start their own business or venture. Hence, many new entrepreneurs started their own businesses. The role of the financial institutions in providing financial support to the new startup companies has also increased. Business development refers to the process of the creation, financing, growth and expansion of a business or an enterprise within an economy. The focus of this paper will be on banks and the role they play in the growth of business. We will also focus on the challenges faced by banks in providing loans and how they contribute to the development of business in India. This study is based on secondary data sourced from magazines, journals and other sources. Over the past two decades, women-owned businesses in India have grown significantly. This growth has significantly contributed to the country's economic growth and development. The majority of the women-owned enterprises in India are in the service sectors. In addition to contributing to the growth of the economy, Women Entrepreneurs have also created jobs for women jobseekers. However, it is important to note that women entrepreneurs face many challenges and difficulties, particularly in terms of fund generation. A woman entrepreneur should have a sound financial background. Finances are the life blood of any company or organization. Without proper financial support, it would be very difficult to carry on the business activities. In this study, we will be focusing on the role of banks and how they can support women entrepreneurs. In this paper, we have also tried to understand the current state of women entrepreneurs in India.

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DIBYENDU BANIK & SOURAV SHIL (January-2024). CONTRIBUTION OF INDIAN BANKING INDUSTRIES IN EXAGGERATING THE EXPANSION OF WOMEN ENTREPRENEURSHIP AND SUSTAINABLE GROWTH IN INDIA - A CONCISE OVERVIEW. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(1), b451-b455. https://ijnrd.org/papers/IJNRD2401149.pdf

Volume 9 Issue 1, January-2024

Pages : b451-b455

Paper Reg. ID: IJNRD_212432

Published Paper Id: IJNRD2401149

Downloads: 000121981

Research Area: Social Science and Humanities 

Country: Agartala/ Tripura west, Tripura, India

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