project work on Loans and Advances 
Analysis of loans and advances
MEANING OF FINANCE
Finance is the set of activities dealing with the management of funds. More specifically, it is the decision of collection and use of funds. It is a branch of economics that studies the management of money and other assets. Finance is also the science and art of determining if the funds of an organization are being used properly.
Through financial analysis, companies and businesses can take decisions and corrective actions towards the sources of income and the expenses and investments that need to be made in order to stay competitive.
Finance is the life blood of business. It flows in mostly from scale of goods and services. It flows out for meeting various types of expenditure. The activating element in any business which may be on industrial or commercial undertaking is the finance.
Business finance has been defined as those activities which have to do with the provision and management of funds for the satisfactory conduct of a business. Business finance is defined as that business activity which is concerned with the acquisition and conservation of capital funds in meeting the financial needs and overall objectives of business enterprises.
So we can say business finance is mainly developed around three major objectives.
Firstly, to obtain an adequate supply of capital for the needs of the business,
Secondly, to conserve and increase the capital through better management,
Thirdly, to make profit from the use of funds this is an overall objective of a business enterprise.
Before industrial revolution, finance was not of much importance. The methods of production were simple.
For example, the artisan used to work in open small hut. He had simple tools mostly made by himself.
Labour at that time was more important than capital and finance did not pose any problem. Production in those days was, therefore labour intensive.
*Information has been collected from the website www.google.com
Page 1
Analysis of loans and
MEANING OF FINANCE
Finance is the set of activities dealing with the management of funds. More specifically, it is the decision of collection and use of funds. It is a branch of economics that studies the management of money and other assets. Finance is also the science and art of determining if the funds of an organization are being used properly.
Through financial analysis, companies and businesses can take decisions and corrective actions towards the sources of income and the expenses and investments that need to be made in order to stay competitive.
Finance is the life blood of business. It flows in mostly from scale of goods and services. It flows out for meeting various types of expenditure. The activating element in any business which may be on industrial or commercial undertaking is the finance.
Business finance has been defined as those activities which have to do with the provision and management of funds for the satisfactory conduct of a business. Business finance is defined as that business activity which is concerned with the acquisition and conservation of capital funds in meeting the financial needs and overall objectives of business enterprises.
So we can say business finance is mainly developed around three major objectives.
Firstly, to obtain an adequate supply of capital for the needs of the business,
Secondly, to conserve and increase the capital through better management,
Thirdly, to make profit from the use of funds this is an overall objective of a business enterprise.
Before industrial revolution, finance was not of much importance. The methods of production were simple.
For example, the artisan used to work in open small hut. He had simple tools mostly made by himself.
Labour at that time was more important than capital and finance did not pose any problem. Production in those days was, therefore labour intensive.
*Information has been collected from the website www.google.com
Page 1
Analysis of loans and
Bibliography: United Bank of India was constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 on July 19, 1969 United Bank of India is one of the 14 banks which were nationalised on July 19, 1969. On October 12, 1950, the name of Bengal Central Bank Limited (established in 1918 as Bengal Central Loan Company Limited) was changed to United Bank of India Limited for the purpose of amalgamation and on December 18, 1950, Comilla Banking Corporation Limited (established in 1914), the Camilla Union Bank Limited (established in 1922), the Hooghly Bank (established 1932) stood amalgamated with the Bank. Subsequently, other banks namely, Cuttack Bank Limited, Tezpur Industrial Bank Limited, Hindustan Mercantile Limited and Narang