Assessment of Working Capital Finance
PREFACE
This project is a part of the Management of Business Administration course being taken up at School of Business, Galgotias University, Greater Noida.
I was provided opportunity to undergo training at the Jammu and Kashmir Bank Ltd., Agra, my project topic is “ASSESSMENT OF WORKING CAPITAL FINANCE AT JAMMU AND KASHMIR BANK LTD”
This project has been of great help in providing me an insight into the real life working of an organization. It gave me a chance to apply, all I had learned to practical situations, enhancing my understanding and image of the market and business world.
This experience in decision making and practical application of knowledge has contributed greatly to my growth both as a person and a trainee.
The main objective of the project was to study various types of working capital finance provided by banks. To know details the procedure of assessment of working capital finance extended by bank.
Wheels of business cannot move without money. Availability of money is being limited and wants being unlimited. So procurement of fund is one of the important functions in commercial & non-commercial enterprises and utilizes it for maximization of business profits.
Business enterprises need funds to meet their different types of requirements:
i. Long-term requirement ii. Medium-term requirement iii. Short-term requirement
Working capital requirement is the short-term requirement. Working capital is the investment needed for carrying out day-to-day operations of the business smoothly. Bank is one of the important sources of working capital requirement. Bank gives various facilities to the borrowers.
In this project I have considered various banking facilities for the working capital finance to the industries. It covers almost every important aspect relating to assessment & follow up of working capital finance. After discussing the procedure followed by bank, for assessing working capital requirement case studies have been given with
This project is a part of the Management of Business Administration course being taken up at School of Business, Galgotias University, Greater Noida.
I was provided opportunity to undergo training at the Jammu and Kashmir Bank Ltd., Agra, my project topic is “ASSESSMENT OF WORKING CAPITAL FINANCE AT JAMMU AND KASHMIR BANK LTD”
This project has been of great help in providing me an insight into the real life working of an organization. It gave me a chance to apply, all I had learned to practical situations, enhancing my understanding and image of the market and business world.
This experience in decision making and practical application of knowledge has contributed greatly to my growth both as a person and a trainee.
The main objective of the project was to study various types of working capital finance provided by banks. To know details the procedure of assessment of working capital finance extended by bank.
Wheels of business cannot move without money. Availability of money is being limited and wants being unlimited. So procurement of fund is one of the important functions in commercial & non-commercial enterprises and utilizes it for maximization of business profits.
Business enterprises need funds to meet their different types of requirements:
i. Long-term requirement ii. Medium-term requirement iii. Short-term requirement
Working capital requirement is the short-term requirement. Working capital is the investment needed for carrying out day-to-day operations of the business smoothly. Bank is one of the important sources of working capital requirement. Bank gives various facilities to the borrowers.
In this project I have considered various banking facilities for the working capital finance to the industries. It covers almost every important aspect relating to assessment & follow up of working capital finance. After discussing the procedure followed by bank, for assessing working capital requirement case studies have been given with
Bibliography: THE BACKGROUND Jammu and Kashmir Bank Limited was incorporated on 1st October, 1938 and commenced its business from 4th July, 1939 in Kashmir (India)