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 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,...
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...
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...
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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 an Accounting Ratio? Types and Meaning Explained
Financial statements contain financial information about a company's financial situation. Furthermore, in order to make important financial decisions, business owners, analysts, and other stakeholders examine, compare, and interpret this financial data. However, such information is interpreted using financial statement analysis...
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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