New Delhi: A significant number of corporate treasurers are worried about "unmanageable volatility" in financial markets, said a survey.
They feel that lack of adequate information from business units is a big challenge in managing global cash flows, according to Deloitte 2015 India Corporate Treasury survey.
About 56 percent of the respondents in India continued to rank the unmanageable volatility in financial markets as their biggest worry.
The worry deepens for those working in consumer business and the energy and resources sector, it added.
More than 60 companies participated in the survey, which included chief financial officers and corporate treasurers.
"Treasurers reported that lack of adequate information from business units continued to be their biggest challenge in managing global cash flows. They also attributed forex and commodity price variability to difficulties in cash flow management," Deloitte said.
Over 48 percent of those surveyed considered lack of clarity on exposure as the single-largest internal challenge.
"While they appear to be at ease with RBI regulations, they find taxation laws and the new Companies Act affecting cash pooling, besides lack of quality talent in the marketplace as key external business challenges," the survey said.
