Entrepreneurs shape the financial fate of nations by creating wealth and service, offering products and services, and generating taxes for governments. That is why entrepreneurship has closely been linked to the financial growth of the country. Entrepreneurs convert ideas into financial opportunities through innovations, which are considered to be a major source of competitiveness in an increasingly universalizing world economy. India has been growing at a relatively high rate in the last few years, and is likely to be the largest economy in the world by 2050. India is second among all nations in total entrepreneurship activity as per the Universal Entrepreneurship Monitor Report 2002. The liberalization of the nation since 1991 has paved the way for a huge number of people to become entrepreneurs. Developing countries like India are striving to be outward looking universal economies rather than inner looking local economies. This will be possible only if the banks and financial institutions encouraged to the new entrepreneurs. Entrepreneurship can be refined among the present youth and it can be developed systematically with the help of Banks and financial institutions.

The financial crisis of 2010-11 highlighted the fault lines within business governance. The growing influence of the shareholder value norm on business apply had exacerbated the asset price bubbles of the 2000 and 2010s and heightened the fragility of financial sector firms. Failing firms had not, on the whole, suffered from inadequate governance as that was defined by the consensus of the time; the majority of them had independent boards, separate chair and CEO roles, and limited defenses, if any, next to hostile takeover. Yet, the direct response of policy makers was to suggest a strengthening of the shareholder value norm, with a rising role for self-governing director and outside saver monitor proposed as events likely to stop future business failures. As the instant disaster receded in the course of 2009-10, so did the force for reform, which in any case had debatable failed to speak to the principal payment of supremacy to the crisis, that is the shareholder value norm itself.