
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...

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,...

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 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...

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...
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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...

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...