General Finance
Cybercrime is a growing threat across industries. However, financial services are disproportionately targeted, making them a prime focus for hackers and cybercriminal organizations. With vast amounts of sensitive data, financial transactions, and regulatory scrutiny, the stakes are high for businesses in this sector. This article explores why financial services are such a big target for […]
Education plays an essential role in shaping one’s future and the accessibility of study loan EMI calculators has changed the way individuals approach financing their education. These modern financial tools not only simplify the process of obtaining small personal loans for educational purposes but also empower borrowers with the knowledge to make informed decisions. In […]
Having the right tools for trading is crucial in financial markets. One such crucial platform is TradingView. Offering a user-friendly interface and powerful charting tools, TradingView via its TradingView broker feature has become a go-to for traders worldwide. In this article, we’ll delve into the significance of a seamless trading experience and explore how TradingView’s […]
In recent years, the EU has undergone vast changes in many aspects, such as geo-political and economic ones, but: The Union has also shifted its tax policy drastically, especially at the beginning of 2024. Sadly, many business owners are either unaware of all the tax policy changes or don’t know how to handle them. In […]
One of the key decisions to make when investing in mutual funds is whether to opt for an active or passive approach. While both strategies have their merits, understanding their key differences is crucial in making an informed decision. So, let’s explore mutual funds and the major differences between active and passive strategies. What are […]
Opening a bank account online with reputed banks is often the initial step in one’s financial journey. It’s a secure space to store money while earning interest. However, among the ease of digital banking and attractive interest rates, there are associated charges that account holders often overlook. Awareness of these charges is crucial to safeguard […]
Types of Mutual Funds: Exploring Your Investment Options When it comes to investing your hard-earned money, mutual funds offer a great range of options to meet a whole bunch of financial goals with slightly lower risk. Whether you’re looking to kickstart your investment journey, seeking stability, planning retirement, or even if you are happily retired, […]
In personal finance, the dynamics of borrowing money are significantly influenced by fluctuations in Personal Loan interest rates. As interest rates rise, borrowers find themselves in a financial landscape where the cost of borrowing becomes a paramount concern. Let’s delve into the multifaceted impact of escalating Personal Loan interest rates on borrowers, exploring the challenges, […]
Your financial goals, whether it’s buying a home, starting a business, or pursuing higher education, often rely on your ability to secure loans and credit. In India, your creditworthiness is evaluated primarily through your credit score. This three-digit number holds the key to unlocking financial opportunities and achieving your dreams. Read on to learn how […]
The Reserve Bank of India mandates that lenders cannot charge prepayment or foreclosure penalties from individual borrowers who have availed of a loan for any purpose other than business. This was not the case until a few years ago when borrowers had to pay a hefty penalty in case they decided to part prepay or […]
In the world of finance, dealing with large numbers is a common occurrence. One such instance is the conversion between billion and crore. Understanding how these numbers relate to each other is crucial for accurate financial calculations and business analysis. In this blog, we will delve into the concept of billion-to-crore conversion, exploring its significance […]
Technology has made managing finances quicker and easier, from instant transfers to tap-and-go payments. One popular innovation is zero balance savings accounts – a financial solution that provides flexibility and simplicity. A zero-balance savings account is a bank account with no minimum monthly balance requirement. Unlike regular savings accounts that require maintaining a certain balance, […]
Have you ever given any thought to the possibility of diversifying your retirement portfolio by purchasing gold? As the state of the global economy remains unstable, an increasing number of investors are seeking the financial protection that can be found in precious metals. Are you prepared to take charge of your retirement funds and investigate […]
Over the past few decades, the payment scenario has undergone quite a tremendous change. With our reliance on online modes of transaction consistently increasing, more and more digital modes of money transfer have emerged. These modes of digital transactions not only provide convenience but also ensure security. In addition to card payments and net banking, […]
Unified Payment Interface (UPI) – Instant and Cashless Developed by National Payments Corporation of India (NPCI) the Reserve Bank of India launched Unified Payment Interface (UPI). Money transfers will not only be easy to send but more instantaneous and secured. Unified payment interface is a common system across retail systems designed to enable all account […]
SIDBI – Small Industries Development Bank of India Small Industries Development Bank of India (SIDBI) is a financial institution which is headquartered in Lucknow, India. It was established in 1990 on April the 2nd and is mainly responsible for promotion and development of micro, small and medium-scale enterprises (MSMEs). These small enterprises contribute about 45% […]
FDI (Foreign Direct Investment) FDI stands for Foreign Direct Investment. When a company from a particular country invests in another company based in a different country in a way that it acquires some (generally 10% as per OECD) controlling stake is known as Foreign Direct Investment. Like in the example info graphic shown below, Company […]
Tax Benefits for Small Business Owners You can be an entrepreneur who is running a start-up, a home-based business or a small firm that is trying to make a mark. While playing the lead in this role of your life you are wholly responsible for your actions i.e. generating income, profits, paperwork, legal requirements, taxes […]
What is RBI (Reserve Bank of India)? RBI stands for Reserve Bank of India & it is headquartered in Mumbai, Maharashtra. It is the Central Bank of India, controlling monetary values. It came into being on 1st April 1935. On 1st January 1949 RBI was nationalized. The share capital was divided into 100 shares owned […]
MNREGA On September 5th 2005 with assent of the president of India a new policy came into existence which worked towards providing livelihood security in rural areas of India. It started with the name “NREGA” which stood for National Rural Employment Guarantee Act and then an additional letter “M” was prefixed making it “MNREGA” Mahatma Gandhi […]
What do you mean by NEFT? NEFT stands for National Electronic Funds Transfer. It’s an electronic payment system of India facilitated by RBI (Reserve Bank of India), it helps people with one-to-one money transfers. People using this facility can transfer money electronically from any branch of bank to any other individual or organization within the […]
NSE and BSE A stock exchange or a stock market acts as a service provider, it is one stop shop for traders to buy or sell financial instruments such as shares, bonds etc. A stock exchange can be approached for both issue and redemption of Publicly listed shares. To be able to trade on a stock […]