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Cash retention limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 October 2011 Sir,

is there any cash retention limit by any type of business concern whther proprietary, partnership, company, Aop or BoI....
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CMA KNVV Sri Vidya - Sri Kanth

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CMA KNVV Sri Vidya - Sri Kanth (Expert)
10 October 2011 https://www.nabard.org/pdf/rrb/chap%203.pdf

go thru this
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
10 October 2011 There is no hard and fast rules for cash retention limit to the cited entities.
However, the above entities can fix a maximum and a minimum limit for the cash holdings,as part of good governance, depending on the daily cash transactions viz., average receipts and average payments.
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 October 2011 thank u sir..
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