Cash & Liquidity Management

Aspects of Cash Management in India and Malaysia

The dollars lying in the overseas subsidiaries of US corporations” are the subject of the article by A SHISH BAJAJ, Head of Citigroup Global Transaction Services for the India cluster India, Bangladesh and Sri Lanka. Can the greenbacks in Indian subsidiaries sing along with John Denver and ask to be taken home “to the place I belong?”. Until quite recently there has only been a one-way movement in capital into India, but recently Indian subsidiaries of US tax-paying corporates have begun to investigate the possibilities of contributing to the HIA (Homeland Investment Act) possibilities of their parent companies. This is especially true, Bajaj points out,

 Download this article for free

Save PDFs of your favorite articles, authors and companies. Bookmark this article, or add to a list of your favorites within mytmi.

Discover the benefits of myTMI

 Download this article for free