This book explores an in-depth enquiry into the nature, working and performance of the financial institutions in general and the state financial corporation in particular in respect of developing small and medium scale industries in meeting the financial needs of the entrepreneurs. The last decade witnessed many changes in the economy and financial institutions all over the world. With economic and financial sector reforms in the country, the financial institutions in India also have undergone a rapid change. These institutions have become more customer friendly offering a wide range of products through multiple delivery channels.

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