Personal Finance Articles

​​Floating interest rate refers to the variable interest rate that changes during the duration of the loan/ debt obligation tenure. It is opposite to the fixed interest rate system. The interest rates remain the same for the entire tenure in...

Institutions usually charge a fixed interest rate or a floating interest rate on a home loan, business loan or personal loan. Also, along with the interest rate percentage, it is important to keep a check on the type of interest...

Fixed rate bonds are a type of debt instrument that guarantees a certain amount of money. These bonds have a fixed maturity date and interest rate for the duration of the bond. As a result, fixed-rate bonds provide investors with...

Fixed interest rate on loans refers to the interest rate being the same for the entire duration of the loan tenure. Irrespective of the changes in repo rates by the Reserve Bank of India, the interest rates under the fixed...

What are Fixed Income Instruments? Fixed income instruments or fixed income securities are debt instruments that provide returns in the form of regular or fixed interest payments. Also, there is repayment of the principal amount on the maturity date. Therefore,...

What is Fixed Asset Turnover Ratio? The fixed asset turnover ratio is an efficiency ratio that compares net sales to fixed assets to determine a company's return on investment in fixed assets. The fixed assets include land, building, furniture, plant,...

What is Financial Planning? Financial planning is a step-by-step approach in determining how you would meet your life goals with your money. A good financial plan will help you to remain in control of your expenses and investments at all...

What are Financial Instruments? A financial instrument is a legal contract between the parties who are a part of the transaction that holds a monetary value. The monetary assets can be traded, created, modified or settled as per the parties'...