Dear all,
I just read Ms Mansi Varmani note on CASA and its importance to bankers. It means higher the ratio the higher expected return.
Let us evaluate current account balance from corporate side. Why do they need CA? How do they operate so that they keep the balances to minimum?
Is it only the finance to worry about its operation? If not who are those stack holders and how do you expect them to act in overall interest of the organization?
On hearing from you, I will tell you the corporate role.
Till then keep learning!!!
