Personal Finance Articles

national stock exchange (nse)

NSE: Functions of NSE & Features of National Stock Exchange

What is NSE? The National Stock Exchange (NSE) is the leading stock exchange in India, headquartered in Mumbai, Maharashtra. It was incorporated in the year 1992 as the first dematerialised electronic stock exchange in the country. An assembly of leading...

redemption of debentures

Redemption of Debentures: What It Means and How It Works

What is Redemption of Debentures? Redemption of debentures refers to the re-payment of debt that the company raised in the form of debentures. The company issues debentures which have fixed maturity date. At the time of maturity, the company repays...

annualized return

Annualized Return: Meaning & 5-Year, 3-Year Rate Explained

What is Annualised Return ‘Return’ is the yield that an investment generates over a period of time. It is the percentage increase or decrease in the value of the investment in that period. Returns on mutual funds are expressed in...

Indian Bank Minimum Balance & Savings Account Interest Rate

Indian Bank offers different savings accounts for different types of investor needs. The Indian Bank savings account interest rates are around 3.50%. The competitive interest rates and a variety of additional services such as free ATM transactions, net banking, and...

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...

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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,...

sebi

SEBI (Securities and Exchange Board of India)

What is SEBI? The Securities and Exchange Board of India (SEBI) is a regulatory body. It was founded on April 12, 1992, under the SEBI Act, 1992. It is responsible for the regulation of Indian securities and capital markets. SEBI...

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...