Finance is one of the factors which plays an important role in industrial development particularly MSMEs and contributes effectively in growth of economy. Hence, financing of MSMEs contributes to the development of industrial sector. Easy access to finance allows industrial units to undertake productive investments to expand their businesses and to acquire the latest technologies, thus ensuring their competitiveness and that of the nation as a whole. In the developing countries like India the role of MSMEs has been widely recognized as an instrument for the economic and social development as...