International Journal of Commerce & Business Management

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Issues Faced by Micro Entrepreneurs in Banking:A Comparative Analysis of Public and Private Sector Banks


Affiliations
1 Department of Agricultural Economics and Business Management, Aligarh Muslim University, Aligarh (U.P.), India
2 Department of Economics, Aligarh Muslim University, Aligarh (U.P.), India
     

   Subscribe/Renew Journal


Banking is one of the fastest growing industries in India. In spite of dominant position of public sector banks private sector banking in India revolutionizes the business environment. But micro enterprise in India is still under developed due to financial hindrance while they account good share in production and export. For the development of micro enterprises there should be a strong linkage with the banks. A primary study of 80 respondents has done to identify the issues associated with banking. Simple statistical technique chi-square and ANOVA is used to analyze the data. This study is helpful for banks to design a policy to deliver the service particularly to micro enterprises.

Keywords

Banking, Microenterprises, Economic Development.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Aruna, N. (2015). Problems faced by micro, small and medium enterprises – A special reference to small entrepreneurs in Visakhapatnam. J. Business & Mgmt. , 17(4) : 2319-7668. http://doi.org/10.9790/ 487X-17454349.

  • Bala, Subrahmanya, M.H. (2004). Small industry and globalization: Implications, performance and prospects. Econ. & Politi. Weekly, 39 (18) : 1826-1834.

  • Beck, T., Demirgüç-Kunt, A., Laeven, L. and Maksimovic, V. (2006).The determinants of financing obstacles. J. Internat. Money & Finance 25 : 932–952.

  • Chakrabarty, K.C. (2012). Empowering MSMEs for financial inclusion and growth – Role of banks and industry associations. address at SME Banking Conclave 2012.

  • Chandraiah, P. M. and Vani, R. (2014). The prospects and problems of MSMEs sector in India an analytical study. Internat. J. Business & Mgmt. Invention, 3(8) : 27–40.

  • De Mel, S., McKenzie, D. J. and Woodruff, C. (2008). Returns to capital in microenterprises: Evidence from a field experiment. Quart. J. Econ., 123(4) : 1329-1372.

  • Doddaraju, M.E.(2013). A study on customer satisfaction towards public and private sector banking services with special reference to Anantapur district of Andra Pradesh, Global J. Mgmt & Business Stud., 3 (3): 287-294.

  • Galindo, A. and Schiantarelli, F. (Eds.) (2003).Credit constraints and investment in Latin America. Inter-American Development Bank, Washington, D.C., U.S.A.

  • Garg, I. and Walia, S. (2012). Micro, small and medium enterprises (msmes) in post reform india: Status and performance. Internat. J. Latest Trends Engg. & Technol., 1(3) : 134-141.

  • Gichuki, J.N.W., Njeru, A. and Tirimba, O. I. (2014). Challenges facing micro and small enterprises in accessing credit facilities in Kangemi Harambee Market in Nairobi city county , Kenya. Internat. J. Scient.& Res. Publicat., 4 (12) : 1–25.

  • Goyal, D., Gupta, D. and Gupta, N. (2012). An overview of sickness in micro, small and medium enterprises in India. Pbr. Co.in, 5(5). Retrieved from http:// www.pbr.co.in/Vol-5 Iss-5/4.pdf.

  • Kumar, A., Vikas, B. and Sharma, S. (2009). Micro, small and medium enterprises (MSMEs) in India: Challenges and issues in the current scenario. Mgmt. Insight, 2 : 75–87.

  • Lohani, M.B. and Bhatia, P. (2012). Assessment of service quality in public and private sector banks of India with special reference to Lucknow. Internat. J. Scient. & Res. Publicat., 2 (10): 1-7, ISSN 2250-3153.

  • Nichter, S. and Goldmark, L. (2009). Small firm growth in developing countries. World Development, 37(9) : 1453-1464.

  • Nurbani, H., Yeow, J. A., Noor Ashikin, M. R. and Chin, S. T. S. (2011). Financial constraints and opportunities of micro entreprise entreprenuers: A theoretical framework. Internat. Conference Business & Econ. Res., 1 : 165–168.

  • Pelham, A.M. (2000). Market orientation and other potential influences on performance in small and medium-sized manufacturing firms.J. Small Business Mgmt., 38 (1): 48 - 67

  • Ramarao, R. (2012). Competitiveness of India’s micro and small enterprises through functional competencies: Role in Nation’s Development. Vikalpa: J. Decision Makers., 37(1): 97–111.

  • Rani,S. and Garg, D.(2015).Priority sector lending: Trends, issues and strategies. Internat. J. Mgmt. & Soc. Sci. Res., 4 : (1) : 24-28.

  • Rather, R.M. (2013). Assessment and comparison of Indian public and private sector banks through customers experience and customers, Satisfaction Survey, Pacific Business Rev. Internat., 5 (12) : 82–91.

  • Schiffer, M. and Weder, B. (2001). Firm size and the business environment: Worldwide Survey Results”. IFC Discussion Paper, 43.The World Bank, Washington, D.C., U.S.A.

  • Singh, R., Verma, O.P. and Anjum, B. (2012). Small scale industry: An engine of growth. Zenith Internat. J. Business Econ. & Mgmt. Res., 2 (5) : Online available at http:/ /www.zenithresearch.org.in.


Abstract Views: 281

PDF Views: 0




  • Issues Faced by Micro Entrepreneurs in Banking:A Comparative Analysis of Public and Private Sector Banks

Abstract Views: 281  |  PDF Views: 0

Authors

Waseem Khan
Department of Agricultural Economics and Business Management, Aligarh Muslim University, Aligarh (U.P.), India
Sana Fatima
Department of Economics, Aligarh Muslim University, Aligarh (U.P.), India

Abstract


Banking is one of the fastest growing industries in India. In spite of dominant position of public sector banks private sector banking in India revolutionizes the business environment. But micro enterprise in India is still under developed due to financial hindrance while they account good share in production and export. For the development of micro enterprises there should be a strong linkage with the banks. A primary study of 80 respondents has done to identify the issues associated with banking. Simple statistical technique chi-square and ANOVA is used to analyze the data. This study is helpful for banks to design a policy to deliver the service particularly to micro enterprises.

Keywords


Banking, Microenterprises, Economic Development.

References