Analyzing Financial Statement of National Bank for Agriculture and Rural Development (NABARD)
Abdurahman Abobaker Hassan, Devaraj Badugu
Financial statement analysis, tool of supervision, NABARD
Financial statement is the official record of a company’s financial action, firm and various other units over a specific period of time. This statement is used to acquire an idea of long and short financial situation of a person or a company and the results and working condition of it. The financial statements are also used as a tool of supervision of a company and investors to access all the financial condition and the results of the work. Analysis of financial ratio leads to the understanding of the performance of an organization in past years. It can be used for comparing the aspects of the entire firm, thereby concluding which firm can provide greater benefit and minimum threat for the traders. The NABARD is the capital demand. In this paper, the financial situation of NABARD is analyzed by studying the NABARD’s financial statements. The financial statement analysis helps in identifying the fluidity, financial feasibility, long term solvency and prosperity of the bank’s firm. The study is done for a duration of 2010-2011 by calculating various measures. Based on that a comparative statement is created which gives NABARD a position of strong solvency in the development of agricultural and rural areas.