FINANCE

Financial resources play very crucial role for the successful operation of an organization like NTL. NTL's authorized capital is Rs.100.00 million and paid up capital of Rs.50.00 million. At the start as NTL dealt primarily with Commodity Aid goods it was in a position to import goods in large volume without involving its own finance. Over the recent years NTL has been importing large volume of goods on its own which involves considerable foreign exchange. This certainly has put much pressure on its own financial resources. As NTL has had to undertake heavy imports it had to take resources to bank borrowing on several occasions.

In the light of the growing need for developmental goods in the country, NTL as the leading public sector entity has its regular responsibilities regarding import and steady supply of these developmental goods. However, because of NTL’s financial constraints these responsibilities are not easy to carry out smoothly. Management of NTL has adopted different strategy to strengthen the financial position and meet its requirements.