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Modern Banking and Working Capital Management

The book provides a framework for systematic understanding of the most important short-term financial management problems that business firms faces in routine. The book provides foundations of the basic financial theory, rather than just an introduction to the tools, techniques and formulae of working capital management.

Modern Banking and Working Capital Management deals with both Banking and Working Capital areas independently by focusing on the necessary foundations and fundamentals of each area and at the same time not ignoring their inter-relationships-thus also provide the basic and procedural knowledge about their integration and applications. The present book exhaustively deals with Indian banking system and structure taking into consideration the most recent developments and changes. At the same time, the book focuses on corporate`s major requirement that is working capital financing and management. The combined major resources making up current assets are the working capital of a company. It is very important to look at the overall size of the working capital in order to verify that sufficient resources have been devoted for that purpose. The management of the working capital can make the difference between business survival and business failure. Further, financing working capital can be very costly, so the proper management of working capital is of vital importance.

The primary objective of this book is to develop a broad understanding of the short-term financial activities and decisions to provide thorough understanding in the fundamental tolls of working capital analysis. This is a mistaken belief that the understanding of working capital management concepts requires the knowledge of high-level mathematics. Also, some students mistakenly believe that Banking and Working Capital Management is an area in which they do not need competency. The fact, on the contrary, is that every finance specialization in a college of business, and many majors in other finance courses, requires the knowledge of banking and short-term financial management fundamentals. The purpose of this book is to enable the reader to understand the basics of banking and financial decision-making and to interpret the impact of these decisions on a firm`s performance.

In order to make the book more accessible and comprehensible to the readers the book uses a number of pedagogical tools such as solved Examples and Illustrations, appropriate Diagrams, Charts, Tables, Boxes providing additional details and information, Questions, Corporate Case Studies, Chapter Summaries for quick learning, Glossary of Key Terms etc.

The book is useful for the Bankers, Finance Executives, Teachers and Researchers, Students of specialized courses like BBA, B.Com, MBA, MFC, M.Com., C.A., ICWAI, C.S., PGDBM, JAIIB, CAII, CFA etc. It can be used as a reference text by all those professionals and students who are directly / indirectly related to finance and banking disciplines.

Contents :

1. Basics of Finance
2. Working Capital Management: An Introduction
3. Finance Working Capital
4. Banking System in India
5. Reserve Bank of India (RBI)-Central Banking
6. Money and Banking: Concepts and Definitions
7. Working Capital Assessment and Banking Policy
8. Cash Management
9. Cash Forecasting
10. Receivable Management
11. Process Reengineering and Receivable Management
12. Inventory Management
13. Banking Performance and Analysis
14. Working Capital Performance Analysis
15. Glossary of Key Terms


Year of publication







754 (In Grams)

Book Code



Mr. Dhiraj Sharma


Himalaya pub