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Saturday, September 5, 2009
Manoj: Cash forecasting, planning, liquidity management - what would you see as a scope for improving corporate banking on these parameters?
Posted by Tip at 5:30 AMRajesh Lahori: Cash management has always been about liquidity, and liquidity had a credit link, because of the inefficiencies in the system. Technically it's largely a treasury function - its nothing but cash forecasting, planning and liqUidity with overall improvement in local settlement systems. One model for efficient management of liquidity is to concentrate on large towns and large settlement areas where automation has caught on. The other model is large retailers and distributors, who are working on hybrid models which are more zonal and business linked and are a mix of offline and online. Corporates are actually now focusing on building models creating ways and means where partners, technology players or banks are able to aggregate that and give them something on a common platform rather than talking to multiple entities.
R Mani: Yesterday I was pleasantly surprised when a small PSU was talking about online connectivity. Unlike some of the other large corporates, they are ready to operate on a real time basis, they are even ready to make some changes in their own systems, even those PSUsin tier 2 and tier 3 towns.
Vipul: Credit forecast is generally for corporates where the amount is too high. If you look at the telecom business, where there is a huge customer base and individual payments are very small, there to go for credit forecasting is really a big task.
R Mani: Yesterday I was pleasantly surprised when a small PSU was talking about online connectivity. Unlike some of the other large corporates, they are ready to operate on a real time basis, they are even ready to make some changes in their own systems, even those PSUsin tier 2 and tier 3 towns.
Vipul: Credit forecast is generally for corporates where the amount is too high. If you look at the telecom business, where there is a huge customer base and individual payments are very small, there to go for credit forecasting is really a big task.
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