Here’s Why Banks are Essential for the Survival of Entrepreneurship
The Indian government is also pushing and encouraging young Indian to start their own business or undertake ventures which have increased the role of a financial institution. Now the banks have to meet the need of financial assistance to a new startup company
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- It introduces a crucial element of dynamism, particularly into an economic system.
- The Indian government is also pushing and encouraging young Indian to start their own business or undertake ventures which have increased the role of a financial institution.
- Commercial and specialized banks always play an important role in the growth and development of entrepreneurship.
- The roles such as accepting of deposit, safekeeping assets but more importantly giving of loans and advances make them a key element in the growth.