Contribution of Karnataka State Finance Corporation (KSFC) in Development of Karnataka State- A Study lending practices.

  Gururaj S Barki,  Sumangala G M

The development of the country depends on the improvement and performance of the each state. India has decentralized power from village Panchayat to Parliament affairs. Likewise, the supporting centers are also divided all over the country. The effort to achieve the growth and development of the country depends on each individual, businessman and entrepreneurs’ performance and their contribution in the gross domestic product (GDP). The major contributories are the businessman and entrepreneurs but for need timely and adequate financial assistance in contribution of the GDP needed the timely financial assistance. The financial supports made union government or state government. The central government provides financial assistance through the Nationalized banks, Mudra Bank, etc., and the Government of Karnataka provides the financial assistance through Karnataka State Finance Corporation(KSFC), Regional banks, etc. therefore the present study is an attempt to know the contribution of KSFC in development of the Karnataka State.

Keywords- India, Development, Government, GDP, Banks, KSFC

Unique Identification Number - IJEDR2001089
Page Number(s) - 470-473
Pubished in - Volume 8 | Issue 1 | March 2020
DOI (Digital Object Identifier) -   
Publisher - IJEDR (ISSN - 2321-9939)

  Gururaj S Barki,  Sumangala G M,   "Contribution of Karnataka State Finance Corporation (KSFC) in Development of Karnataka State- A Study lending practices.", International Journal of Engineering Development and Research (IJEDR), ISSN:2321-9939, Volume.8, Issue 1, pp.470-473, March 2020, Available at :http://www.ijedr.org/papers/IJEDR2001089.pdf