| COVER
STORY Treasury
Risk: Management Policies
- - Arindam Banerjee
In
today's business environment, treasury is an imperative tool for every corporate.
Besides, there are many key risk challenges involved in it. This article defines
the time horizons of treasury risk management and attempts to provide the solution
to the same.
© 2007 IUP . All Rights Reserved
COVER
STORY Treasury
Benchmarking: Need of the Hour
- - Sravana Kumar Balabhadrapatruni Treasury
management encompasses wide range of activities related to the issuance of debt,
management of liquidity, investing financial assets for the purposes of reducing
the financial risks. In this backdrop, the system requires benchmarking of the
standard procedures in treasury operations.
© 2007 IUP . All Rights Reserved
TREASURY
Can
US Seal the Financial Potholes of their Household Book of Accounts
- - Aurobindo Ghosh
The
US has more than one reason to worry. Initially, it was on trade deficit, infected
bond markets, and now, on the falling dollar. All these woes boils down to trigger
uneasiness among housewives to balance their household book of accounts.
© 2007 IUP . All Rights Reserved
RISK
Managing
Volatility Risk
- - Dibyendu Dutta
Among
many available hedging instruments, volatility and variance swaps provide certain
unique features when compared to its peers. This article explores the benefits
of these products.
© 2007 IUP . All Rights Reserved
RISK
Managing
Risk : The Integrated Approach
- - Kalyan J Sandilya
The
concept of risk management is an emerging issue in today's financial world. With
risks becoming all the more difficult to quantify, the regulators are encouraging
banks to take operational risks into account. And financial institutions are slowly
starting to take a holistic approach toward risk management systems.
© 2007 IUP . All Rights Reserved
FOREX
Foreign
Exchange : Brief Recapulation of Rates, Risks and Remedies
- - K Mallikarjunan The
foreign exchange transactions, no doubt, have the characteristics and structure
of the age-old barter system, but carry within them the fuse that may ignite itself
at any time if not sheltered appropriately from the possible adverse economic
forces. This article attempts to explore the risk and remedies of the forex transactions.
© 2007 IUP . All Rights Reserved
FOREX
Effective
Way of Managing : China's Forex Reserves
- - Surjit Mohapatra The
forex reserves of China have crossed a landmark of $1 tn. Most of the Chinese
reserves are invested in the US assets. Perhaps, the time has ripened to pursue
new policies to diversify the investment.
© 2007 IUP . All Rights Reserved
SPEECH
Central
Banks and Risk Management Pursuing Financial Stability
- - Rakesh Mohan
© Address of Deputy Governor, Reserve Bank of India, at the fourth Annual Conference
on "Cash, Treasury and Risk Management in India" on November 21, 2006 at New Delhi.
The assistance of Saibal Ghosh in preparation of the paper is gratefully acknowledged.
BOOK
REVIEW FDI
Issues in the Emerging Economies
- - Editor: K Seethapathi Reviewed by Arindam Banerjee
Foreign Direct Investment (FDI) has always been one of the most dealt topics
in the context of economic globalization. Various multinational companies, across
the globe, consider FDI as a primary source for reorganizing their production
activities. As global competition takes place in a more intensive form, transnational
corporations are internationalizing even the most knowledge-intensive areas such
as research and development.
© 2007 IUP . All Rights Reserved |
