Mr. Sanket Prakash Pedhambkar

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PROJECT TITLE

ROLE OF BANKS IN INTERNATIONAL TRADE


SUBMITTED TO

CENTRE FOR ONLINE LEARNING


DR. D. Y. PATIL VIDYAPEETH, PUNE

SUBMITTED BY

MR. SANKET PRAKASH PEDHAMBKAR


INTRODUCTION TO TOPIC

 (a) International Trade: As described by the Author, Norbert M Ile in his published test
“Economics of business studies” (1999, P. 278) defines an international trade or external
trade as “a trade between two or more countries; it is the exchange of goods and services
between two or more countries”.

 (b) Banking Institution: We can define a bank as any organization that handles people’s
money. It is a dealer in debts, but indebtedness has a correlation to wealth and hence, a
bank can be described as a liquefier of wealth.
SCOPE OF THE STUDY

 The research study will be of high benefit to banking sectors, importers/exporters


and to the society in general to embark of the effectiveness of their business, which
in turn will change of the society. Also, the study will determine the census and
problems of banks role in international trade in Nigeria and thereby should be taken
as a corrective measure. Through this investigation, therefore, the banks and the
society will then know their weak points and willingly adopt measure aimed at
enhancing its business effectiveness.
OBLECTIVES OF THE STUDY

 To find out if commercial banks play any role in international trade in

 To find out if merchant banks play any role in international trade

 To find out if development banks play any role in international trade

 To find out if commercial banks play any role in international trade. And equally to
find out if peoples bank plays any role in international trade
RESEARCH METHODOLOGY

Research Methodology is a systematic procedure of collecting information in order to

analyse and verify a phenomenon. the collection of information is done in two principal

sources. They are as follows

1. Primary Data

2. Secondary Data
DATA ANALYSIS & INTERPRETATION

Q.1 Which types of Banks do you prefer?


Q.2 Are the Banks playing a crucial role in international trade?
Q.3 Do you think commercial banks play a crucial role in international Business?
Q.4 Do you think the INDIAN BANK play a crucial role in International Trade?
Q.5 Which modes are mostly used for payment in international trade?
Q.6 How often do you participate in International Trade?
SUGGESTIONS

 Public and co-operative banks should focus on improving their services to compete with
private banks and meet the expectations of customers

 Banks should continue to play a pivotal role in international trade by providing efficient
and secure financial services.

 Commercial banks should expand and improve their international business services to
support the growing demands of businesses engaged in international trade.

 Indian Bank should maintain their vigilance in monitoring international trade


transactions to ensure the country's economic interests are safeguarded.
CONCLUSION

• People prefer private banks over public banks and co-operative banks due to the perception of
more efficient and up-to-the-mark services.

• Respondents generally recognize the crucial role of banks in international trade. Banks provide
security, facilitate transactions, and reduce risks, which is essential for international trade to function
smoothly.

• The majority of people acknowledge that commercial banks play a critical role in international
business by facilitating transactions and providing financial services.

• Respondents believe that Indian Bank plays a crucial role in international trade by monitoring
and facilitating import and export transactions, ensuring the smooth flow of goods and capital.

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