Nationalised Banks' Role in Fostering Entrepreneurship in Pune through RSETIs

Abstract

Entrepreneurship is a tool to solve unemployment, and nationalize banks provides financial services. Study explores training centers' role in promoting entrepreneurship among urban populations, considering era and beneficiaries' interests. Bank of Maharashtra has MAHABANK RSETI, Canara Bank has RUDSETI, and Baroda Bank has BARODA SETI, Rural Self Employment Training Institute (RSETI) aremodeled after the Rural Development and Self Employment Training Institutes (RUDSETI).The Institute provides free, intensive residential training for rural youth, prioritizing rural BPL youth, offering a wide range of vocations, and continuing handholding to ensure micro enterprises' sustainability and credit linkages. Skill Development Programs are implemented to assist educated individuals in urban areas seeking employment. The research study examines the role of Nationalize Banks' Entrepreneurship Development Centers in promoting entrepreneurship, identifying gaps, analyzing limitations, and identifying factors determining success. It uses measures such as central tendency deviation, mean, parametric testing, and data analysis in tabulation and graphical formats, Chi-square test and SPSS and MS-Excel software for presentation. This study is focusing on Nationalised banks' role in fostering entrepreneurship in Pune through RSETIs. It will help to evaluate EDC efficiency, suggest improvements, beneficiaries' feedback, and work difficulties to improve efficiency and suggest measures for improvement