South Asian Journal of Marketing & Management Research
  • Year: 2011
  • Volume: 1
  • Issue: 2

Problem and prospects of financial management in India

  • Author:
  • Angrej Singh, Priyanka Mishra, Nidhi Mishra
  • Total Page Count: 8
  • Page Number: 90 to 97

*Associated Professor, Department of Economics, Upadhi Mahavidhalaya, PBT, India.

**Research Scholar, Department of Economics, Upadhi Mahavidhalaya, PBT, India.

***Research Scholar Department of Economics, Upadhi Mahavidhalaya, PBT, India.

Online published on 29 September, 2017.

Abstract

Financial management is a process which brings together planning, budgeting, accounting, financial reporting, internal control, auditing, procurement, disbursement and the physical performance of the projects. Financial management is essential for bank-financed projects. Financial management is aspects of bank funded projects. Financial management is concerned with making decisions. Risk may be a major facts in all aspects of financial management.

Keywords

Financial management, Financial environment, Financial planning, Financial decisions, Financial control, Capital market organisation, Investment of project appraisal