Financial Management

Globalization and liberalization have driven significant financial sector reforms, fostering efficiency and competitiveness. Information technology advances have accelerated decision-making, quality standards, and financial discipline. India's financial management has evolved due to government policies, presenting new challenges like financial distress. Finance managers now extend their roles beyond fund procurement, focusing on efficient fund utilization to meet firm objectives and fund provider expectations. This textbook delves into these complexities, offering insights into modern financial management within the evolving global and Indian financial landscape.