That's despite 79% saying they have a cash reserve
set aside to support their business.
Global Banking News-April 10, 2013--Indian non-banking finance companies anticipate cut in cash reserve
ratio(C)2013 ENPublishing - http://www.
KARACHI -- State Bank of Pakistan has now decided to publish bank-wise data on excess cash reserves
maintained by banks over and above the minimum required cash reserve
The Reserve Bank of India cut the cash reserve
ratio for commercial banks by 75 basis points to 4.
This is because one of the purposes of the cash reserve
is to cope with unexpected states of transition, such as the one the city is currently undergoing.
It dropped the cash reserve
requirement to 8 per cent from 9 per cent.
As far along as I was in life and business, I had always heard I should have cash, but it didn't sink in that I should build a cash reserve
1 billion holdback comprising an $800 million cash reserve
and a $300 million letter of credit.
1bn holdback previously required, which consisted of an USD800m cash reserve
and a related USD300m letter of credit.
Traditional LTC insurance, or self-insuring with cash reserve
The corporation has been successful but, because of recent capital investments, it does not have a large cash reserve