PRINT (ISSN) 2319-1783
ONLINE (ISSN) 2320-1126
ONLINE (ISSN) 2320-1126
Battula Kasi Viswanadham*
Abstract:
Commercial banks play a vital role in economic development of a country like our India. Banks promote capital formation which is the most important problem of developing a country. Commercial banks are playing an active role to educate rural people and mobilize their daily savings. Commercial banks accepting deposits from general public and use this deposits to other’s investment for the purpose of growth of economic in our country. Economic development in India depends on real factors like internal trading, agricultural sectors, industrial sectors; expansion of foreign trade especially exports, etc. Commercial banks keeping the middle category population in our country in their view started giving advanced credit for purchase of durable consumer items like vehicles, televisions, refrigerators etc.
https://doi.org/10.62226/ijarst20160277
PAGES : 606-609 | 65 VIEWS | 34 DOWNLOADS
Battula Kasi Viswanadham* | Role of Commercial Banks in Economic Development. | DOI : https://doi.org/10.62226/ijarst20160277
| Journal Frequency: | ISSN 2320-1126, Monthly | |
| Paper Submission: | Throughout the month | |
| Acceptance Notification: | Within 6 days | |
| Subject Areas: | Engineering, Science & Technology | |
| Publishing Model: | Open Access | |
| Publication Fee: | USD 60 USD 50 | |
| Publication Impact Factor: | 6.76 | |
| Certificate Delivery: | Digital |
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