A Study on the Role of Financial Institution in the Industrial Development of Bihar

Vol-4 | Issue-10 | October 2019 | Published Online: 14 October 2019    PDF ( 305 KB )
Author(s)
Dr. Kundan Kumar 1

1Guest Faculty, Dept of Commerce, Marwari College, Tilka Manjhi Bhagalpur University, Bhagalpur, Bihar-812007, India.

Abstract

Bihar is situated in the eastern region of India. Food handling, dairy, sugar, fabricating and medical care are a portion of the quickly developing ventures in the state. The state has arranged activities for the advancement of different areas, for example, training and the travel industry. The state appreciates a one of a kind area explicit preferred position in view of its nearness to the tremendous business sectors of eastern and northern India. The state has a huge base of practical modern work, making it an ideal objective for a wide scope of enterprises. The exploration paper expects to investigate the part of budgetary organizations in the advancement and improvement of SSIs has uncovered that these establishments have dispatched a few plans to give them advertising help, innovation up-degree, send out advancement uphold, and so forth other than giving them monetary help. The fundamental reason for the examination is to break down the function of financial institutions in advancing and delivering money related help to little scope part. The current investigation is essentially founded on the essential just as optional information distributed in yearly reports.

Keywords
Innovation, Financial Institutions, SSIs, Advertising, Business Sectors
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