BANK CREDIT: ROLE IN THE INDIAN INDUSTRIAL SECTOR

Authors

  • Naib Singh Assistant Professor, Deptt. of Commerce, Rajiv Gandhi Govt. College, Saha-(Haryana)

DOI:

https://doi.org/10.53555/bma.v2i2.1694

Keywords:

Indian banking Sector, Industrial Credit, Gross Domestic product (GDP), Reserve bank of Indie (RBI).

Abstract

The main finding of this paper highlights that the gross bank credit to the Indian industrial sector has been increased year by year at the rapid speed. Industries need credit facilities for the various types of functions like production, purchasing of material, marketing and payment to the workforce. In 2010 the industrial credit of Rs. 13114.52 billion was outstanding which has increased up to Rs. 26576.27 billion in the year 2015. It has increased up to two times in just five years. The importance of bank credit cannot be ignored in the present scenario.

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References

Datt Ruddar Sundharam K.P.M. (2007), Indian Economy, S. Chand and Company Ltd., New Delhi.

Singh Naib (2015): “M-Banking: Perspective in Indian Business”, Journal of the International Association of Advanced Technology and Science, January, Vol 16, No 14.

Sangeeta (2013): “Emerging Trends in Banking Challenges and Opportunities”, Research Link-An International Journal, August, Vol XII (6), Issue-113, pp116-118.

Singh Naib (2016): “Indian banking Sector: Supporting the Economy”, International Journal of Management Science, February, Vol 2, Issue 2, pp 1-5.

https://www.rbi.org.in/scripts/AnnualPublications.aspx?head=Handbook%20of%20Statis tics%20on%20Indian%20Economy

http://data.worldbank.org/indicator/FB.CBK.BRCH.P5

http://ibef.org/industry/banking-india.aspx

Published

2017-06-30

How to Cite

Singh, N. . (2017). BANK CREDIT: ROLE IN THE INDIAN INDUSTRIAL SECTOR. International Journal For Research In Business, Management And Accounting, 2(2). https://doi.org/10.53555/bma.v2i2.1694

Issue

Vol. 2 No. 2 (2017): International Journal For Research In Business, Management And Accounting

Section

Articles

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