Treasury Management
Tamal Datta Chaudhuri
What is Treasury Management? How best to describe it? What are we managing? What set of functions define Treasury Management? What is the scope? The book tries to answer the above questions and shows that Treasury Management is not an aggregation of different functions, but Management with Perspective. The ability to move funds around into profitable ventures, weighing alternative investment avenues, gauging the macroeconomic state of the various economics and the relative strength of the currencies, understanding customer requirements, designing financial instruments, at the same time complying with regulatory requirements is quite challenging and requires perspective. The purpose of this book is to provide this perspective.
The motivation behind the book was imparting understanding of treasury management from experience gathered while working in various departments of Industrial Investment Bank of India (formerly Industrial Reconstruction Bank of India), an All India Development Financial Institution, for over two decades.