Export finance by commercial banks and economic development – A review ofliterature study

Author: 
Dr. Muthumeenakshi, M.

The paper aims to review the literature relates to banking finance and export. The export is one of the major sources of foreign income which leads to uplift our Indian economy. It is the only business creating employment opportunity and also developing financial system of our country. India is place having abundant sources of human power but lack in financial aid. To use the proper human resources financial support is inevitable. This intends to review various studies which interlinked the finance and export. Here, the finance is analysed with commercial banking finance. Though, so many financial institutions support the export trade, commercial banks are the easily and readily accessing point. They are user friendly to the public. Even the layman is familiar with the commercial bank transactions. Based on the above ground, the paper has been divided into three sections. The first section deals with literature relate to export finance. The second section studies the literature on commercial banking finance for exports. The third section traces the effect of export trade on economic development.

Paper No: 
917