SME Lending Models of Public Sector Banks in India: Innovative Thinking
DOI:
https://doi.org/10.33516/maj.v49i8.61-67pAbstract
For banks in India innovating thinking for adopting right serving models does not remain a choice but compulsion owing to the contribution of SME sector in employment, export, manufacturing and economy growth. LENDING has been assumed as a key element for enhancing competitiveness of SMEs for building productive capacity, to create jobs, to contribute to poverty alleviation for ensure equitable development of nation. Without finance, SMEs cannot acquire or absorb new technologies nor they can expand to compete with larger firms in global as well as in domestic markets.Downloads
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