MUMBAI, India, Aug. 12 -- Intellectual Property India has published a patent application (202621073788 A) filed by Dr. Haldhar Sharma; Dr. S. Ramya; Ms. V. Sakunthala; Ms. Kiruthika R; Dr. Ms. Sithara Rajan K; Dr. D. Umamageswari; Dr. R. Mahalakshmi; Akshaya Shivani; Adhithya Vishagan; Dr. Raju Guguloth; and Dr. Jayashree Patil Dake on June 14, 2026, for Impact Of Commerce Bank In Sme Development Financial Management.
Inventors include Dr. Haldhar Sharma; Dr. S. Ramya; Ms. V. Sakunthala; Ms. Kiruthika R; Dr. Ms. Sithara Rajan K; Dr. D. Umamageswari; Dr. R. Mahalakshmi; Akshaya Shivani; Adhithya Vishagan; Dr. Raju Guguloth; and Dr. Jayashree Patil Dake.
The application for the patent was published on August 07, 2026, under issue no. 32/2026.
Abstract: ABSTRACT IMPACT OF COMMERCE BANK IN SME DEVELOPMENT FINANCIAL MANAGEMENT Small and Medium Enterprises (SMEs) play a vital role in economic growth, employment generation, innovation, and industrial development. In India and many developing economies, SMEs contribute significantly to Gross Domestic Product (GDP) and serve as a backbone for sustainable economic development. However, SMEs often face numerous financial challenges, including limited access to capital, inadequate credit facilities, poor financial planning, and restricted access to advanced financial services. Commercial banks play a crucial role in addressing these challenges by providing financial assistance, credit support, investment services, and financial management solutions to SMEs. The present innovation proposes an integrated financial management framework that analyzes the impact of commercial banking services on SME growth, operational efficiency, and financial sustainability. The framework evaluates various banking factors such as loan accessibility, credit risk assessment, digital banking adoption, financial advisory services, working capital management, and investment support. The proposed system enables SMEs to improve financial decision-making, optimize resource allocation, enhance profitability, and achieve long-term business sustainability. The framework can be applied by commercial banks, policymakers, financial institutions, entrepreneurs, and economic development agencies to strengthen SME performance and contribute to national economic growth. By integrating banking support mechanisms with financial management practices, the proposed innovation provides a comprehensive approach for promoting SME development and financial stability.
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