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@article{206343,
        author = {Sri Charan Bussa and Dr Humera Fatima},
        title = {A CRITICAL EVALUATION OF INSTITUTIONAL FINANCIAL SERVICES IN INDIA: ASSESSING THEIR ACCESSIBILITY, OUTREACH, AND EFFECTIVENESS IN SUPPORTING EMERGING STARTUPS},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {13},
        number = {2},
        pages = {944-950},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=206343},
        abstract = {In this article, the author will critically review the availability and reach of the institutional financial services as well as their effectiveness in facilitating the development of young and emerging startups in India. With the advancing growth of startup ecosystem as a crucial agent of economic growth, the deployment of financial institutions (public and private), Non-Banking Finance Companies (NBFCs) and state sponsored funding mechanism has recently been under the scanner. The research will establish the impact of institutional finance in terms of entrepreneurial momentum and whether the services offered are in accordance with the needs and demands of the early-stage and growth-emerged entrepreneurs. The study employs the mixed-methods approach to draw empirical data based on 200 entrepreneurs of startups working in different industries and geographies. The analysis of quantitative data was conducted on the basis of the descriptive statistics and hypothesis testing carried out by the application of the Chi-square test in order to evaluate the dependence of the types of institutions accessed on the perceived effectiveness of financial services. Other barriers, which are studied, include long approval procedures, inability to provide collateral, and ignorance about government schemes, which tend to prevent the possibility of getting the appropriate and timely finance. The results indicate that although institutional finance is in place as a key foundation to the venture survivability of start-ups, there is a huge problem of bottlenecks in the processes, lack of equal regional coverage of start-ups as well as poor satisfaction levels among the entrepreneurs. The results call for strategic policy improvements, enhanced financial literacy, and more agile, sector-specific funding models to better serve India's evolving startup landscape},
        keywords = {Institutional Finance, Startup Ecosystem, Accessibility, Public Sector Banks, Government Schemes, Venture Capital, Financial Services Effectiveness, Funding Barriers, Startup Support, Chi-Square Analysis.},
        month = {July},
        }