Co-Operative Banks:Easy Outlets for Financing ‘Make In India’

Authors

  • Vijay Singh Hooda Indira Gandhi University, Haryana

DOI:

https://doi.org/10.33516/maj.v51i2.52-55p

Abstract

The role of co-operative banks for giving the significant edge to Make in India and financial inclusion can't categorically distinguished. By providing more financial services along with the injection of financial literacy, these banks will simultaneously be discharging their duties regarding Make in India. Under the regime of Make in India, producers and manufacturers are heavily being encouraged to manufacture, construct, innovate and syntheses the products and services in Indian territory. Though Make in India agenda covers many sectors, co-operative banks can mainly tap the financial requirements of the enterprises engaged in automobiles, construction, food processing, textiles and garments, tourism and hospitality. Co-operative banking in India is different as compared to commercial banks in terms of structure, banking culture and delivery mechanism and their relevance is still indispensable.

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Published

2016-02-01

How to Cite

Hooda, V. S. (2016). Co-Operative Banks:Easy Outlets for Financing ‘Make In India’. The Management Accountant Journal, 51(2), 52–55. https://doi.org/10.33516/maj.v51i2.52-55p

Issue

Volume 51, Issue 2, February 2016

Section

Cover Story
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Europe PMC

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