A Study of Working Capital Management of the SBI Post Covid 2019
Author(s):
B. Ravali
Keywords:
Working capital, liquidity, routine business operations, efficient management, state bank of India.
Abstract
The efficient management of working capital in an important prerequisite for the successful working of a business concern it reduces the chances of business failure generates a feelings of security and confidence in the minds of personnel in the organization it assurance solvency of steady of organization. Working capital management is the fictional area of fiancé that covers all the current account of the firm. Working capital management involves the relationship between a firms short term asserts and its short term liabilities the goal of working capital management is to ensure that a firm is able to continue it’s a operations and that it has sufficient ability to satisfy both maturing short term debt and upcoming operational expenses. Covid -2019 has effected badly on the financial management of all the sectors of the economy all over the globe. The banking sector is also facing a problem in its operations in the recovery of loans and other areas due the adverse impact of lock down on the employability and the business operations of the general public, which brought down the survival of the people has become an addressing problem all over the globe. The banks have too, given a moratorium of six months on loan repayment to support the public for their existence and livelihood. This article is focused on working capital management of State bank of India which is public sector bank having large volume of operations in India and also has branches internationally post covid 2019.
Article Details
Unique Paper ID: 153720

Publication Volume & Issue: Volume 8, Issue 8

Page(s): 33 - 38
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