Credit Risk Management
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Date
2020-10-09T11:39:55Z
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Abstract
Finance is the life blood of every human activity. It can be termed as the science of
money. Webster’s New Dictionary defines finance as "the managing or the science of
managing money matters and financing as to supply of obtain money or credit.
Introduction to Business Finance defines finance as “that administrative area or a set of
administrative functions in an organization which relates with the arrangement of cash and
credit, so that the organization may have the means to carry out its objectives as satisfactorily
as possible”. In a broader sense, finance refers to funds of monetary resources needed by
individuals, business houses and the government
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Punith K S, 1NZ18MBA65