Project Appraisal by State Financial Corporations in India: a Case Study of Uttar Pradesh Financial Corporation

Every enterprise, whether big or small, public or private, profit making or non profit making is a financial concern. Success or failure of any financial concern depends more upon the equality of its financial decisions. Many or finance is the life blood of any business, irrespective of the size and the stage if the developed management of cash is of fundamental importance of all business and can be only achieved only through effective planning and monitoring of resources . In order to providing medium and long term credit to industrial undertakings, which fall outside the normal activities of commercial banks, a central industrial finance corporation was set up under the industrial corporation act1948 Since the SFCs has been providing the loans to the small and medium scale industries. SFC?s has been providing loans to the small and medium scale industries only after the detailed analysis of the loan repayment capacity of the firm and its financial condition and operational efficiency.