The concept of maximum permissible bank finance (MPBF) was introduced in November 1975 as part of implementation of the recommendation of the Tandon w....
After dissolution of Tandon Committee guidelines (Known as Maximum Permissible Bank finance – MPBF), except state bank of India (SBI) which is the l....
In view of the ongoing liberalisation in the financial sector, the Indian Banks Association (IBA) constituted a committee headed by shri. K.Kannan, ch....
The Reserve Bank of India appointed another committee under the chairmanship of Mr. Chakravarthy to review the working capital of the monetary system ....
The RBI, in 1982, appointed a committee under the chairmanship of Marathe to review the working of credit authorization scheme (CAS) and suggest measu....
Having implemented the recommendations of the Tandon committee, the RBI constituted another working group under the chairmanship of Shri K.B. Chore, C....
A study group under the chairmanship of Shri P.L. Tandon was constituted in 1974 by the RBI in order to frame guidelines for bank credit. ....
A study group under the chairmanship of V.T. Dehejia was constituted in 1968 in order to determine “the extent to which credit needs of industry and....
Banks provide finance to industrial entrepreneurs in India, in addition to financial institutions. ....
In case of credit sales, it attracts more customers, resulting in increased sales and higher profit, but it has a cost also. ....
The bank loans, in general, are a short-term financing say for a year or so.....
Some sources of funds, which are created during the course of normal business activity have zero cost and are termed as spontaneous sources. ....
Now let us discuss in detail the various sources of finance, which are mainly available for working capital and their relative merits and demerits. ....
Once the financial manager has estimated to invest in current assets like raw material, working-in-progress, finished goods, debtors etc. ....
In the case of manufacturing company the operating cycle refers to the time involvement from cash through the following events and again leading to co....
This is the chronological sequence of events in a manufacturing company in regard to working capital. ....
One of the most important areas in the day-to-day management of working capital includes all the short term assets (current assets) used in daily oper....
The basic objective of financial management is to maximize the shareholders’ wealth. ....