The Government of India has initiated a number of social security schemes to boost the financial stability of its citizens and to reinforce the economic development of the nation. These statutory social security schemes have huge significance for the masses...
It’s an EMI world. Whenever we talk about loans, the first thing that crosses our mind is loan EMI calculation. The abbreviation, EMI stands for Equated Monthly Installment. An equated monthly installment (loan EMI calculation) is the sum that the...
Having a demat account is the first step towards trading or investing. To understand the features and functions of this account properly, we have to fully understand the differences between a savings account, a trading and demat account. There’s an...
Last week, I met an old friend of mine who often trades in the Indian equity market. He told me that while he was going through the U.S. market, he came across some Indian companies like Tata Motors, Dr. Reddy’s,...
You may know about the role of the Securities and Exchange Board of India (SEBI) if you are in the Financial and Capital Market for about some time? Most of us know that SEBI is just a regulatory body but...
Learning about the various methods of money transfers is an essential element of good personal financial management. IMPS fund transfer is one of the popular way to transfer money and to manage personal finance. Last week I got a phone...
DEMAT Account...Isn’t it, you have heard this term somewhere? It's a basic term in the stock market. You can learn more about such basics by joining: NSE Academy Certified Capital Market Professional (E-NCCMP) course on Elearnmarkets. Also Read: A Brief Distinction...
Let us discuss about Demand Draft in details: Learning about the various methods of money transfers is an important part of the basics of wealth management. Yesterday I went to my neighborhood bank to update my personal details. As I...
In the era of rapid technological advancement, especially in the financials & banking industry, I am sure that most of you will NOT be using cheques as a part of your day-to-day banking needs. But still, it is important to...
Do you have a bank account? If not, then you must have one as it is a first step which one takes while entering the world of money. With the launch of Pradhan Mantri Jan Dhan Yojana on 28th August...
A bank is a financial institution which creates credit by lending money to a borrower thus creating a corresponding deposit on the bank's balance sheet. This blog talks about the key benefits of a bank account. No doubt, Bank plays...
Do you have a bank account? If Yes, then you must have seen many types of cheques handy. A cheque is an important document that an individual, company government, and others use to transact their business. There are various types...
