INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Finance export is an inevitable part of the international trade process and commercial bank is the primary source of this export financing. A developing country like India with a current GDP of 9.1 and ranking 5th in global economy its very crucial to sustain this growth but with the onset of Covid 19 in the year 2020 the GDP fell to -5.8. Across the globe where developed countries like USA struggled to maintain the viability of a good economy for their respective countries. India maintained its ground well. For any country’s economy banking sector plays a pivotal role and for India we investigated the Commercial banks, their role, and implications in finance export of India. A commercial bank is like any other financial institution that helps undertake all the finance related operations from providing buyer's credit, corporate banking products, and project-based finance, help provide foreign exchange to those having the license for doing such transactions overseas. Apart from this they help create liquidity and capital in the markets by taking funds from their customers deposit and lending them out to others in need. This paper aims to understand the changes occurred pre covid and post covid by a comparative analysis for Indian commercial banks performance in the field of export. It will explore the challenges faced by the exporters and strategies adopted by commercial banks handle these challenges. This paper will add points to the existing literature and the research done by researchers. Recommendations based on the findings and problems encountered will be done to mitigate the existing problems unsolved.
Keywords:
Finance, Export, Commercial Banks, Pre-covid, Post-covid, Global Economy
Cite Article:
"Finance Export in India: Commercial Bank Practices and Pre/Post-COVID-19 Implications.", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 5, page no.b426-b431, May-2023, Available :http://www.ijnrd.org/papers/IJNRD2305154.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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