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Role of Financial Institutions in the Development of Women Entrepreneurship in Kerala
Financial sector plays an indispensable role in the overall development of women entrepreneurs in our country. The most important constituent of this sector is the financial institutions, which act as a conduit for the transfer of resources from net savers to net borrowers, that is, from those who s...
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| Format: | Printed Book |
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REVIEW OF SOCIAL SCIENCES
2013
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| Online Access: | http://10.26.1.76/ks/005918.pdf |
| Summary: | Financial sector plays an indispensable role in the overall development of
women entrepreneurs in our country. The most important constituent of this sector
is the financial institutions, which act as a conduit for the transfer of resources from
net savers to net borrowers, that is, from those who spend less than their earnings to
those who spend more than their earnings. The financial institutions have traditionally
been the major source of long-term funds for the economy. These institutions provide
a variety of financial products and services to fulfill the varied needs of the
commercial sector. Besides, they provide assistance to new enterprises, small and
medium firms as well as to the industries established in backward areas. Thus, they
have helped in reducing regional disparities by inducing widespread industrial
development.
The Government of India, in order to provide adequate supply of credit to
various sectors of the economy, has evolved a well developed structure of financial
institutions in the country. These financial institutions can be broadly categorised
into All India institutions and State level institutions, depending upon the geographical coverage of their operations. At the national level, they provide long and medium
term loans at reasonable rates of interest. They subscribe to the debenture issues of
companies, underwrite public issue of shares, guarantee loans and deferred payments,
etc. Though, the State level institutions are mainly concerned with the development
of medium and small scale enterprises, but they provide the same type of financial
assistance as the national level institutions. This paper deals with the role of financial
institutions in the development of women entrepreneurship in Kerala. |
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| Physical Description: | p.74-79 Vol. XIV No. 2 July - December 2013 |