International Journal of Education and Management Studies

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Impact of Banker's Attitude on Financial Accessibility of Micro and Small Enterprises in Haryana Region


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1 Department of Management Studies Panipat Institute of Engineering & Technology, Samalkha, Panipat, Haryana, India
     

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In a developing economy like India, Micro and small enterprises play a vital role. Lack of adequate credit facilities is a critical problem for this sector. Almost 92.77% of MSME units are completely dependent on personal savings or self-finance available through informal sources like money-lenders. However, many of the credit related problems has already been resolved by the ministry of MSME by offering lucrative policies and schemes to this sector. Banking Sector has also given a fillip to this sector by providing the credit on ease terms. A businessman cannot do without banks. The attitude of bankers towards their customer's influences what they do and how they grow their businesses. It is the Banker who helps the entrepreneur since the recogntion of need up to its fulfillment. Hence, Bankers attitude carries higher weightage in accesibility to finance. This paper aims to examine the impact of Bankers attitude on Financial Accessibility of Micro and Small Firms. For this purpose, primary data has been collected through structured questionnaire from a sample of 523 firms

Keywords

Micro and Small And Enterprises, Financial Accessibility, Banker's Attitude, Ecomomic Development.
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  • Impact of Banker's Attitude on Financial Accessibility of Micro and Small Enterprises in Haryana Region

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Authors

Suman Madan
Department of Management Studies Panipat Institute of Engineering & Technology, Samalkha, Panipat, Haryana, India

Abstract


In a developing economy like India, Micro and small enterprises play a vital role. Lack of adequate credit facilities is a critical problem for this sector. Almost 92.77% of MSME units are completely dependent on personal savings or self-finance available through informal sources like money-lenders. However, many of the credit related problems has already been resolved by the ministry of MSME by offering lucrative policies and schemes to this sector. Banking Sector has also given a fillip to this sector by providing the credit on ease terms. A businessman cannot do without banks. The attitude of bankers towards their customer's influences what they do and how they grow their businesses. It is the Banker who helps the entrepreneur since the recogntion of need up to its fulfillment. Hence, Bankers attitude carries higher weightage in accesibility to finance. This paper aims to examine the impact of Bankers attitude on Financial Accessibility of Micro and Small Firms. For this purpose, primary data has been collected through structured questionnaire from a sample of 523 firms

Keywords


Micro and Small And Enterprises, Financial Accessibility, Banker's Attitude, Ecomomic Development.

References