Open AccessApplication of Linear Programming for Profit Maximization of the Bank and the Investor
Author(s) -
Amit Kumar Jain,
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Ramakant Bhardwaj,
Hemlata Saxena,
Anurag Choubey,
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Publication year - 2019
Publication title -
international journal of engineering and advanced technology
Language(s) - English
Resource type - Journals
ISSN - 2249-8958
DOI - 10.35940/ijeat.f9337.088619
Subject(s) - loan , business , loan sale , finance , bridge loan , participation loan , cross collateralization , amortizing loan , non conforming loan , profit (economics) , financial system , maximization , return on investment , economics , non performing loan , microeconomics
The main objective of this paper is to optimize (maximize) the net return of Central Bank of India in the area of interest from loans such as Personal loan, Car loan, Home loan, Agricultural loan, Commercial loan, Education loan and also maximize the net return of the investor by investing some amount in the investment policy of Central Bank of India such as Fixed Deposit, Saving Account, Public Provident fund and other investment Policies. The linear programming technique is applied to maximize profit of the Bank and the investor.