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,...

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...

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 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...

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...

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...

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...

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...