Indian Bank offers different savings accounts for different types of investor needs. The Indian Bank savings account interest rates are around 3.50%. The competitive interest rates and a variety of additional services such as free ATM transactions, net banking, and...

The main motive behind investing money is to earn significant returns. But it's often difficult to earn high returns in a short duration. And, who doesn't wish to double their money? We all dream about doubling our investments as soon...

What is a Provision Coverage Ratio? Provisions are set aside by businesses in case they are anticipating any losses or unexpected bad loans. It is mandatory for Indian banks to create a provision fund to cover their anticipated bad loans,...

Equity shares are popular investment options among investors. Equity shares offer fraction ownership of the company. Therefore, equity shareholders are considered as part owners. Equity shares are issued to the general public for the first time through an Initial Public...

A funds flow statement is a statement that comprises the inflows and outflows of funds. It includes the sources of funds and application of funds for the particular period. Therefore, you can analyse the reasons behind the change in a...

IPO investments can be thrilling. It has the potential to generate significant capital gains on listing or over the years. However, popular IPOs are frequently oversubscribed, indicating that demand for their shares vastly exceeds supply. Some applicants who submit a...

Gold is a go-to investment for Indians. Be it gold jewellery, gold coins, or biscuits, gold is consumed in every form. Every auspicious occasion is marked with the purchase of gold. With the entire world moving towards digitalization, gold in...

What are the Golden Rules of Accounting? Financial accounting is more than just book-keeping. In accounting, every transaction has a dual entry – debit and credit. It is important to identify which account has to be credited and which one...