Meaning & Definition

rule of 72

Rule of 72 to Double Your Money

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...

scripbox logo

What is Provision Coverage Ratio (PCR) in Banking? Formula, Full Form & Meaning

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,...

bombay stock exchange

Functions and Role of Bombay Stock Exchange (BSE)

What is BSE? The Bombay Stock Exchange is the first and oldest stock exchange in India which was founded in 1875 as the Naive Share and Stock Brokers Association. The BSE is located in Mumbai, India, and lists more than...

inflation

Inflation Meaning, Types, Causes & Definition Explained

What is Inflation in Economy? Inflation is an economic indicator that indicates the rate of rising prices of goods and services in the economy. Ultimately it shows the decrease in the buying power of the rupee. It is measured as...

primary market

What is Primary Market? Meaning, Functions, Types

What is the Primary Market? The primary market is a part of the capital market. It enables the government, companies, and other institutions to raise additional funds through the sale of debt and equity-related securities. For example, primary market securities...

Practical Insights For Wealth Creation

Our weekly finance newsletter with insights you can use

Your privacy is important to us

what is share

What is Share and It’s Types

What is Share? A share means a unit representing a partial ownership stake in the company. Investors owning them are called shareholders. Equity and preference shares are popular types of shares. Both provide the company with funds and shareholders with...

Personal Finance Scripbox

Types, Features, and Characteristics of Equity Shares

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...

How to Check Bank Balance with Account Number Online Via IFSC Code, Mobile Number & More

In today’s era, the advancements in the digital world have made banking and financial operations very easy and handy. With emerging technology, banks have initiated several ways to check bank account balance. One can check their account balance on their...