How Does Compounding works? https://youtu.be/QQf7w4Urd3M Which is better compounded daily or annually? Compounding means earning interest on interest. It doesn't matter when the investor receives the interest. However, the number of compounding periods do make a difference. The more the...

A commodity index is an alternative investment vehicle that tracks the prices and returns on investment of a basket of commodities. It tracks currencies, agri commodities, energy products, precious metals, industrial metals, etc. The value of the index depends on...

They say the most pure form of love is what we receive from our parents. They love with no expectations. It’s unconditional. That said, it’s not a bad idea to do something special for them. What do parents expect at...

Bonds are investment products that fall under the fixed income asset class. They are instruments that allow the government or corporations to raise money publicly or privately for funding various projects. They pay an interest rate for the money borrowed....

The middle class income group has a major share of the Indian population. Hence the government schemes and policies mostly revolve around this income group during the budget announcements. There is a plethora of investment plans available for middle class...

Bandhan Bank offers a wide range of savings accounts for different types of investor needs. All the Bandhan Bank Savings Accounts have an interest in the range of 3%-7.15%. Also, Bandhan Bank offers phone banking, net banking, and mobile banking...

Financial advisors are experts in managing the money of an individual. Right from devising an emergency fund plan to constructing complex investment portfolios, they do it all. They also play the role of educators by educating their clients about the...

What is account balance? The account balance is the amount of money available in a financial repository. Such as a savings bank account at any given point of time. It is the net amount available after all debits and credits....